For business and economic news from around the world
The Nigerian Investment Promotion Commission (NIPC) and Standards Organisation of Nigeria (SON) have called for collaborations with stakeholders in Nigerian hair and beauty industry for the industry’s growth and standardization.
Nigeria: NIPC, SON, seek collaboration with stakeholders in hair, beauty industry Read More
WorldStage Newsonline– The Bank of Industry (BoI) and the Ebonyi State Government have announced plans to collaborate in a N4 billion matching funds to enhance the fortunes of civil servants in the state through agricultural activities.
Nigeria: BoI, Ebonyi roll out N4b agric fund for civil servants Read More
WorldStage Newsonline– Nigeria’s Federal Ministry of Finance has denied reports that the new excise duty rates approved by President Muhammadu Buhari on alcoholic beverages and tobacco were targeted at local manufacturers.
Nigeria: FG says new excise duty rates not targeted at local manufacturers Read More
WorldStage Newsonline– The African Development Bank (AfDB) has approved $10 million equity investment in financial sector deepening fund to strengthen the capital base of local financial institutions.
Financial Sector Deepening Fund: AfDB approves $10m equity investment Read More
The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean Technology Fund (CTF) to Quantum Power East Africa GT Menengai Ltd.
AfDB, Climate Investment Funds support private sector-led geothermal power plant in Kenya Read More To strengthen the capital base of local financial institutions and stimulate Africa’s corporate bond market, the African Development Bank has approved a US $10-million investment through its private-sector window in the Africa Financial Sector Deepening Fund being managed by Adventis Ltd as the fund manager.
AfDB approves $10m equity investment in Financial Sector Deepening Fund Read More To boost agricultural production and productivity in the Sudan, the Bank approved US $42 million in concessional grants from the African Development Fund to support the National Agriculture Investment Plan.
AfDB supports agricultural value chain development to improve household incomes and food security in the Sudan Read More The African Development Bank approved a US $15-million senior loan to GHL Bank PLC, which focuses on mortgage finance, to enhance its mortgage loan portfolio and help develop an effective affordable mortgage finance sector in Ghana.
AfDB promotes better access to mortgage finance in Ghana Read More
The Federal Government has approved the issuance of a Declaration Certificate to taxpayers under the Voluntary Assets and Income Declaration Scheme (VAIDS).
Nigeria: FG recovers N30b from VAIDS, to present certificates to taxpayers Read More
Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, has signed a memorandum of understanding (MoU) with professional services company Accenture (NYSE: ACN) to foster innovation in the financial services industry globally.
DIFC, Accenture sign agreement to further cement FinTech Hive globally Read More