By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Wednesday posted its third successive gain following sustained buying interest across major counters as the all share index (ASI) hit a 9-month high and rose to 3.13 percent to close at 31,071.25 points. As the Nigerian equities market […]
Updates
AfDB approves USD 245 million to finance Uganda-Rwanda transport project and boosts regional trade in East Africa
22/6/2016/AfDB On Wednesday, June 22, 2016, the African Development Bank approved USD 245 million in loans and grants to the Governments of Uganda and Rwanda to finance a transport project that will boost regional trade and decongest traffic from Kampala (Busega) city to Mpigi. Uganda and Rwanda are landlocked countries […]
NEXIM Appoints Managing Agent of FG’s Export Stimulating Facility, Export Rediscounting and Refinancing Facility
June 23, 2016/NEXIM “…the ESF and RRF (for N500billion and N50billion) have come at a strategic period where positive steps are taken by Government towards diversifying the Nigerian economy away from oil and enhancing revenue flow to the non-oil sector as a measure to trigger export growth and economic progress.” […]
