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Category: Business

Business Economy

Thailand ‘blames Buhari’ for collapse of its rice mills

Iheanyi Ejiofor March 2, 2018 headline

Thailand has accused President Muhammadu Buhari’s government of being responsible for the collapse of seven of its rice mills, Nigeria Minister of Agriculture, Audu Ogbeh has said. Ogbhehr made the…

Read More Thailand ‘blames Buhari’ for collapse of its rice mills
Business Economy

China Development Bank, UBA sign letter of intent for a $100 million loan to support SMEs in Africa

Iheanyi Ejiofor March 2, 2018

United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a…

Read More China Development Bank, UBA sign letter of intent for a $100 million loan to support SMEs in Africa
Business Cover Economy

FG to shame, prosecute tax offenders from April 1

Iheanyi Ejiofor March 1, 2018 headline

Chidi Samuel || The federal government will from April 1, name, prosecute, and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration…

Read More FG to shame, prosecute tax offenders from April 1
Business Economy

Again, CBN warns on Virtual Currencies

Iheanyi Ejiofor February 28, 2018

The Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in cryptocurrency, stressing that virtual currencies are not legal tender in Nigeria. A press release…

Read More Again, CBN warns on Virtual Currencies
Business Economy

UBA, China development bank partner to finance African SMEs in $100m deal

Iheanyi Ejiofor February 28, 2018

Ebun Francis || One of Nigeria’s leading banks, the United Bank for Africa (UBA) Plc and China Development Bank (CDB) have signed a $100 million seven-year loan agreement to finance…

Read More UBA, China development bank partner to finance African SMEs in $100m deal

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