Banking

NEXIM bank clarifies N50bn alleged fraud, says says money used for 62 projects, others

The Nigerian Export-Import Bank (NEXIM), on Tuesday clarified the alleged mismanagement of N50 billion Export Development Fund released by the Central Bank of Nigeria (CBN), saying that 62 projects were supported using the intervention. Mr Tayo Omidiji, Head of Strategy and Communications Department, NEXIM Bank, made the clarification in a statement issued in Abuja. Omidiji Read More…

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Business Featured Industry

LCCI seeks OPS inclusion in ESP Committee for economic recovery

The Lagos Chamber of Commerce and Industry (LCCI) has called for inclusion and engagement of the Organised Private Sector (OPS) in the Economic Sustainability Plan (ESP) Committee for economic recovery during and after COVID-19 pandemic. Mrs Toki Mabogunje, LCCI President, made the call at the Chamber’s third edition on the state of the Nigerian Economy Read More…

Stocks

Nigeria’s bourse simplifies capital market investment with comic book

The Nigerian Stock Exchange (NSE) has reiterated its commitment to promoting financial literacy with its comic series, ‘StockTown’, issued to simplify ways of investing in the Capital Market. Mr Olumide Orojimi, the Head, Corporate Communications, NSE, said in a statement made available to the News Agency of Nigeria (NAN) on Tuesday in Lagos that the Read More…

Featured Paralympics Sports

Para-Athletes, Coach commend Sports Minister over palliatives

In picture above: Laurrita Onye shatters World Record TWICE to win 1st Athletics gold. CREDIT: Rio2016 A National Para-Powerlifting Team Coach, Feyisetan Are and some other para-athletes on Monday commended the Minister of Youths and Sports Development, Sunday Dare, over the palliatives to disabled athletes. The medal winning coach, in an interview with the News Read More…