30 results
- 27 Feb 2013
AfDB Approves $200m for Ecobank’s Trade Finance Capacities
Board of directors of the African Development Bank (AfDB) has approved a Trade Finance package of $200 million comprising an unfunded risk-sharing facility and a trade facilitation loan, to support…
- 1 Apr 2017
AfDB Approves $450m Trade Finance Package for Afreximbank
The Board of Directors of the African Development Bank (AfDB) has approved on $450 million Trade Finance Package for the African Export–Import Bank (Afreximbank). The facility consists of a 3-year…
- 11 May 2019
ICTEL 2019 to Focus on Fourth Industrial Revolution
The Lagos Chamber of Commerce & Industry (LCCI) has said that this year’s ICTEL EXPO2019 will focus majorly on inspiring and providing aspiring entrepreneurs, tech start-ups and thousands of…
- 1 Jun 2018
LCCI Unveils Plans as ICTEL EXPO 2018 Gathers Momentum
The Lagos Chamber of Commerce and Industry (LCCI), has announced fourth edition of the Information Communication Technology Exhibition (ICTEL EXPO) 2018 scheduled for 25th to 26th of July, 2018 at…
- 28 Sept 2016
AfDB Approves $310m Trade Facilitation Loan for Ecobank Transnational
The Board of Directors of the African Development Bank (AfDB) has approved a US $310 million trade finance loan for Ecobank Transnational Incorporated, parent company of the Ecobank Group. Through…
- 26 Sept 2019
UBA, LCCI to Create Value for SMEs at 2019 Lagos Int’l Trade Fair
United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry(LCCI), have assured small medium enterprises (SMEs) that the 2019 Lagos International Trade Fair will bring far…
- 24 May 2013
AfDB Approves $100m Agreement with Commerzbank AG for Trade Finance in Africa
Board of Directors of the African Development Bank (AfDB) has approved $100 million unfunded Risk Participation Agreement (RPA) between the AfDB and Commerzbank AG under which the two banks will…
- 27 Jan 2017
LCCI Unveils ICTEL Expo ’17 Theme, Dwells On Digital Economy
The Lagos State Chamber of Commerce and Industry (LCCI), the premier chamber of commerce in Nigeria founded in 1888, has officially inaugurated its 2017 Information Communication Technology Expo…
- 24 Nov 2024
Greenwich Merchant Bank Chairman Honoured with NBCC Leadership Award
Kayode Falowo, Chairman of Greenwich Merchant Bank Limited, has been bestowed with the Sir Henry Fajemirokun Prize for Outstanding Leadership in recognition for actively promoting Nigerian-British…
- 17 Jul 2019
LCCI Seeks Active Citizens Involvement in the Evolution of Fourth Industrial Revolution
The Lagos Chamber of Commerce and Industry has said that the country must be actively involved in the evolution of fourth industrial revolution inorder to benefit from it. Mr. Babatunde Paul…
- 12 Aug 2024
Experts harp on need to balance innovation with regulation in fintech space
At the recently held 10th edition of the Information Communications and Telecommunication Exhibition (ICTEL Expo), industry experts have emphasized the critical need to strike a balance between…
- 16 Nov 2021
LITF Lauds UBA’s Contribution to Growth of African Economies
Lagos Chamber of Commerce and Industry (LCCI) has commended Africa’s global bank, United Bank for Africa (UBA) for its contribution to infrastructure development and growth of trade in the 19…
- 17 Jul 2019
NCC moves to ensure MNOs networks are LTE Compatible
In line with Nigerian Communications Commission’s(NCC) resolve that Nigeria is not left behind in the advancement of new technology in Information and communications technology (ICT) service delivery…
- 6 Jun 2022
Afreximbank Supports Titan Trust Bank with $300m Facility
African Export Import Bank (Afreximbank) yesterday said it had secured a $300 million Intra-African Investment Financing Facility to Titan Trust Bank (TTB) to support its acquisition of a majority…
- 9 Oct 2013
FG Cuts Cost of Registering Businesses
Federal government has slashed the costs of registering businesses in Nigeria by half, in a bid to encourage investment in the country, according to Mr. Olusegun Aganga, minister of Industry, Trade…
- 16 May 2023
Sterling Bank Promotes Renewable Energy-Powered Agriculture with Fresh AATIF Fund
Sterling Bank, Nigeria’s leading financial institution, in conjunction with the Africa Agriculture and Trade Investment Fund (AATIF), is set to promote environment-friendly agriculture businesses by…
- 27 May 2020
NCC Suspends Spectrum Trading Guidelines 2018
Nigerian Communications Commission (NCC) has suspended the Spectrum Trading Guidelines 2018 for the Nigerian telecommunications industry. The Board of Commissioners of the Commission rose from its…
- 30 Jan 2023
TradeMark Africa Launches in West Africa
TradeMark East Africa, one of the world’s leading Aid for Trade organisation, has rebranded to TradeMark Africa (TMA) and simultaneously officially launched its West Africa operations. Founded in…
- 5 Feb 2021
Briclinks Africa Plc Lists on NSE Growth Board
The Nigerian Stock Exchange, NSE, admitted Briclinks Africa Plc to its Growth Board in a listing by introduction of 10 million (10,000,000) ordinary shares of ₦1.00 each at ₦6.26 per share yesterday,…
- 30 Nov 2020
NSE Migrates Four Companies from ASeM to Growth Board
The Nigerian Stock Exchange (“NSE” or “The Exchange”) has announced the migration of Chellarams Plc, Living Trust Mortgage Plc, McNichols Plc, and The Initiates Plc from the Alternative Securities…
- 30 Jun 2016
AfDB Approves Facilities for First Bank, FSDH Merchant Bank
The Board of Directors of the African Development Bank (AfDB) has approved $300-million and $50-million Trade Finance Loans to First Bank of Nigeria (FBN) and FSDH Merchant Bank Nigeria (FSDH),…
- 13 Jul 2010
Central Bank, Iran, Pakistan Adopt Common Banking Rules
The eight-member developing economies are adopting a common regulatory framework for their banking sectors. Members of the D-8 are Nigeria, Egypt, Malaysia, Turkey, Iran, Bangladesh, Indonesia and…
- 17 May 2024
Afreximbank Deepens Ties On $350m Project Support Facility
African Export-Import Bank (Afreximbank) has concluded arrangements for a facility of $250 million with the International Islamic Trade Finance Corporation (ITFC) and $100 million with the Islamic…
- 24 May 2010
NEPC, NFC, Others Team up to Export Entertainment Industry
The Nigerian Export Promotion Council (NEPC), World Bank, National Film and Video Censors Board (NFVCB), Nigeria Film Corporation (NFC) and Nigerian Copyright Commission (NCC) have joined forces to…
- 10 Jul 2025
AfCFTA Credit Fund Makes First Investment With $10m Loan
The Credit Fund of the AfCFTA Adjustment Fund has successfully closed its first investment, committing $10 million to Telecel Global Services Ltd, through a senior secured amortising loan. The…
- 28 Mar 2021
Copyright Commission Partners Booksellers to Sanitise Book Business
A Code of Ethics for Booksellers will soon be introduced by Nigerian Copyright Commission (NCC) in consultation with relevant stakeholders to bring sanity to book business in Nigeria. Mr. John O.…
- 8 Jun 2013
AfDB Inks $100m Agreement with Commerzbank AG to Support African Trade Finance
African Development Bank (AfDB) has formally signed $100 million unfunded Risk Participation Agreement (RPA) with Commerzbank AG under which the two banks will share the default risk on a portfolio…
- 18 Nov 2022
AfDB, AU Commission Sign $9.73M Grant Agreement to Drive Digital Market Development in Africa
The African Union Commission (AUC) and the African Development Bank have signed a grant agreement to implement Phase 1 of the Upstream Project for Digital Market Development in Africa. The signing…
- 12 Apr 2016
IDC Opens New Regional Research Center in Egypt
International Data Corporation (IDC) has announced the opening of its dedicated new office in Cairo's Smart Village. The global technology research and consulting services firm says a number of…
- 15 Jan 2018
Nigeria in 2018: Emerging Tech, Cybersecurity Growths; Increased Investments in Startups & ICT– Mike Oljide
Internet of Things (IoT), Artificial Intelligence (AI) and Advanced Machine Learning (AML), Cloud Computing (CC), Cybersecurity, Block-chain & Bitcoin and Enterprise Mobility are technologies…