By Ayomide Otitoju KCB Group and the African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to provide a combined $800 million in financial and trade facilitation support for investors in the Vipingo Special Economic Zone (SEZ) in Kilifi County. Under the agreement, Afreximbank will extend $500 million while KCB Group will contribute…
By Ayomide Otitoju During the 66th Annual Conference of the Nigerian Economic Society (NES) in Abuja, African economists and development leaders emphasized the urgent need for sweeping governance reforms, enhanced domestic resource mobilization, and innovative partnerships to promote economic transformation in the continent’s transition states. The call to action was made at a high-level Policy…
By Ayomide Otitoju Turan Bank, a prominent entity in Azerbaijan’s banking industry known for its robust international collaborations, has officially signed a financing agreement with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank (IsDB) Group. The agreement outlines a USD 15 million Line…
By Ayomide Otitoju First Bank of Nigeria Limited has been unveiled as the official bank partner of the 2025 Calabar Entertainment Conference (CEC), a flagship youth engagement platform for the creative sector, organized by Hit FM. Now in its ninth edition, the conference is scheduled to hold on October 17 and 18 at Hogis Royale,…
By Ayomide Otitoju The Africa Development Bank Group (AfDB) and the Ethiopian Capital Market Authority (ECMA) have signed a $400,000 grant agreement to support the establishment of a public disclosure platform and the introduction of new financial products at the Ethiopian Securities Exchange. The grant, provided through the Capital Markets Development Trust Fund (CMDTF), will…
By Ayomide Otitoju The 10th edition of Nigeria Mining Week is set to return to Abuja from October 13 to 15, with new forums and strategic platforms aimed at deepening dialogue, attracting investment, and strengthening Nigeria’s position in the global mining industry. Themed “Nigeria Mining: From Progress to Global Relevance,” the conference will feature discussions…
By Ayomide Otitoju President of Dangote Group, Aliko Dangote, has reiterated his company’s commitment to tackling unemployment in Nigeria, pledging to continue creating jobs and supporting national industrialisation. Speaking to journalists at the Dangote Refinery complex on Monday, Dangote dismissed concerns that the company’s new Compressed Natural Gas (CNG)-powered truck fleet would displace workers, stressing…
By Ayomide Otitoju Adron Homes and Properties has unveiled the 2025 edition of its Lemon Friday Plus Promo, offering Nigerians the chance to acquire land at discounted rates while enjoying festive season rewards. Under the scheme, prospective homeowners can make an initial deposit as low as ₦50,000 and spread payments across 24 months. Subscribers will…
By Ayomide Otitoju The Young Christian Fellowships in Nigeria Without Borders (YCFNB) has declared a 14-day national fasting and prayer campaign, from September 15 to 29, to “stand against perceived threats” to the operations of the Dangote Refinery. In a statement signed by Rev. Samuel Pam and Pastor JohnGrace Achaluda, the group said the initiative…
