By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s tier one lender, Fidelity Bank Plc said on Tuesday it has raised N30 billion to support the Micro, Small and Medium Enterprises (MSMEs) and foresees an imminent growth in non-oil export, according to Nnamdi Okonkwo, managing director/chief executive officer of the Bank. Okonkwo affirmed that the […]
Tag: Trade
Trade to drop by 15% in 2013  FG
The past one year has been tough for businesspeople in Nigeria and the unpleasant situation may not abate before the end of the year, according to the latest report from the National Bureau of Statistics. The NBS reported that the country’s merchandise trade declined by 11.03 per cent from N29.069tn […]
Nigeria Accounts for 30 Percent of Sub-Saharan Africa’s Exports
There are indications that Nigeria’s trade policy has placed it above other countries in the sub-Saharan Africa as it accounts for about 30 percent of the entire exports of the Sub-Saharan African countries to the outside world. However, the international financial advisory firm, Renaissance Capital, which made the disclosure said […]