Why Central Bank introduced eNaira, says Buhari at official launch of Nigeria’s digital currency
By Bassey Udo The introduction of the Central Bank Digital Currency (CBDC) and its blockchain technology was in line with global trend in the search for a new swift and…
What Nigeria must do to recover, grow her economy, says AfDB President
By Bassey Udo Despite all the fiscal interventions by the Federal Government to stimulate the recovery of the country’s economy from the pangs of the coronavirus pandemic, the president of…
G7, partners to invest over $80bn in African businesses over next 5 years
MEDIATRACNET The Group of 7 nations have unveiled plans to invest over $80 billion in private sector businesses over the next five years to support sustainable economic recovery and growth…
COVID-19 vaccines: Africa highlights expectations ahead of G7 summit
Ahead of the summit of the leaders of the Group of Seven nations (G7) scheduled for June 11 to 13, 2021, Africa has sent her expectations to the leaders of…
AfCFTA: AFREXIMBANK remains committed to promoting intra-African trade
Amid significant progress achieved in the implementation of its strategic initiatives in the first quarter of 2021, African Export-Import Bank (AFREXIMBANK) says it remains committed to the continued promotion of…
Why Nigerian govt. is reviewing oil, gas, tax waiver policies
The Nigerian government is currently reviewing legacy transactions in the country’s oil and gas industry as well as tax investment credits and waivers to curb illicit financial flows, Chairman, Independent…
AfCFTA: AFREXIMBANK begins building Africa’s agric products quality assurance centre in Nigeria
African Export-Import Bank (AFREXIMBANK) has announced the commencement of the construction of the Africa Quality Assurance Centre (AQAC) in Ogun State. The Centre would be a state-of-the-art facility with the…
UBA stays on growth path; reports 27% profit in first quarter 2021
The United Bank for Africa (UBA) Plc appears firmly on the path of sustainable growth, with its latest unaudited results for the first quarter ended March 31, 2021 showing an…
How ECA will boost Africa’s investment in infrastructure, agriculture
The Economic Commission for Africa (ECA) says it is working with African countries and private sector players to increase investments in infrastructure and agriculture on the continent. The Economic Affairs…
African finance ministers’ meeting to discuss continent’s industrialization
The agenda of the meeting of African Ministers of Finance, Planning and Economic Development would focus industrialization in Africa, the Economic Commission for Africa (ECA) said. The Conference, which would…