Cairo, Egypt - The Stock Exchange of Mauritius (SEM) has announced the inclusion of the African Export-Import Bank (Afreximbank) in its SEM-10 Index. The announcement posted on the SEM website listed Afreximbank among the SEM-10 Constituents for the third quarter starting 3 July 2019. Also listed are other companies such as...
Abidjan, Ivory Coast -- Established to provide concessional buffer to needy economies on the continent, the African Development Fund (ADF), is not only facilitating rapid rollout of development projects, but its investments continue to transform and sustain lives, beneficiaries say. In 38 of the continent’s neediest countries, the Fund is creating...
The Federal Ministry of Industry, Trade and Investment has released a compendium capturing its activities from 2015 to 2019 under the leadership of Dr Okechukwu Elenamah The compendium covers the key areas of Ease of Doing Business, Industrialization, Attracting Investment, MSME Development and Fostering Value Chains.
The Skyway Aviation Handling Company PLC (SAHCO) has been awarded the ‘Best Ground Handling Company in West Africa’. The award was given at the 5th edition of the Balafon Travel Awards held at La Palm Royal Beach Hotel, Accra, Ghana. The award is to recognize individuals and corporate bodies who...
Lagos, Nigeria - Another set of  20 loyal customers will join the rising number of millionaires to win a whooping N1,500,000 each, in the 3rd edition of its quarterly draw for the ongoing UBA Wise Savers Promo. The raffle draw which is set for July 31st, at United Bank for Africa’s Corporate head...
Lagos, Nigeria - The Nigerian National Petroleum Corporation (NNPC) has reiterated its readiness to sustain its support for local companies within the entire hydrocarbon value-chain towards growing the nation’s economy. Dr. Maikanti Baru, the Group Managing Director of the Corporation, stated this during a plant tour of MRS Oil...
European Commission (EC) has invested a princely EUR 40 million in the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) announced this investment to energy sector stakeholders at a sideline event held during...
The Nigeria Deposit Insurance  Corporation (NDIC) has bemoaned the lack of access to finance by majority of Nigerians despite the proliferation of commercial banks in the country over the years. According to the NDIC, over 60 per cent of Nigerians lacked access to finance...
Nigeria’s Vice President Yemi Osinbajo, SAN, and his American counterpart, Mike Pence, held discussions yesterday in the White House, with both leaders affirming the mutual benefit inherent in a deeper bilateral relationship between both countries. At a meeting laced with friendly banter, cordial exchange of pleasantries and sharing of faith values, both...
The Securities and Exchange Commission (SEC) is set to commence capacity building of stakeholders and the public on commodities exchange to bridge existing knowledge gap in the sector. NEXTMONEY can disclose that the move to commence capacity  building of stakeholders is part of the implementation of the report of...