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Insurers target robust industry to maximize benefits of local content law

      Thursday, 19 August 2010 00:00 By Joshua Nse   THE nation’s insurance industry must come together and harmonise strategies to actualise the objectives and challenges in the Nigeria Oil and Gas Development Act 2010. At a one-day seminar in Lagos on “Nigeria oil and gas Development Act […]

N400bn Banks’ Funds Idle at CBN

  By Emele Onu and Obinna Chima, 08.19.2010    Banks are said to have stacked an average of N400 billion at the Central Bank of Nigeria (CBN), over the past four months, in response to the operating environment that seems to discourage lending.   President of the Chartered Institute of […]

IFC offers 14m euros to GRIMAS

  Thursday, 19 August 2010 00:00 Editor   INTERNATIONAL Finance Corporation (IFC), a member of the World Bank Group, will extend a 14 million euros loan to GRIMAS S.A. to help the group upgrade operations in Mali and expand in West Africa, increasing business opportunities in the region and promoting […]