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Minister urges MSMEs to explore AfCFTA opportunities

Ololade Omosan-Agie The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo has called for the sensitisation of the Medium, Small and Medium Enterprises (MSMEs) on the implementation of the African Continental Free Trade Area (AfCFTA) to enable them benefit from the continental market. The minister, while commenting on a …

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FCMB earns N94.2bn revenue as profit rise by 9.4%

Oluwasina Phillip In its unaudited interim earnings report for the first half of 2021, the FCMB Group Plc announced a gross revenue of N94.2bn and profit before tax of N8.9bn. FCMB Group is the holding company for First City Monument Bank Limited, Credit Direct Limited, FCMB (UK) Limited, FCMB Microfinance …

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FG reduces price of gas for power to $2.18

Ololade Omosan-Agie The Federal Government said on Thursday that it had agreed to reduce the price of industry power gas from $2.50 to $2.18 following extensive negotiation between the government and the organised labour. The State Minister of Petroleum, Mr Temipre Sylva, who spoke during the 2021 Gas Sector Stakeholders …

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