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BoI to raise N1trn for ERGP

The Bank of Industry (BoI) is planning a fundraiser of N1trillion from within and outside the country to finance industrial component of the Economic Recovery and Growth Plan (ERGP). Giving this hint at the weekend was the Acting Managing Director, Bank of Industry, Waheed Olagunju....

NAC Disburses N13bn to Automotive Companies

Director General, National Automotive Design and Development Council (NADDC), Mr. Aminu Jagal disclosed that a total sum of N13 billion had so far been approved and disbursed to 32 companies under the Auto Development Fund scheme. He said a total of N7 billion had so...

Customs seizes 117,034 Bags of Rice

• Duty paid value N774.2m • Govt targets 2017 for rice sufficiency The Nigeria Customs Service (NCS), impounded 117,034 (50kg) bags of rice with duty paid value of N774,282,300 in the first three quarters of this year, the Comptroller-General, Col. Hameed Ali (rtd), has said. Speaking at...

Minister requests BOI to finance youths in agro-businesses, SMEs

The Minister of Agriculture and Rural Development, Mr Audu Ogbeh, has requested the Bank of Industry (BOI) to finance youths in agro-businesses, Small and Medium Enterprises to boost employment. Ogbeh made the appeal when a management team of the bank, lead by the Acting Managing...