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LASG Partners with BOI and Sterling Bank to Boost SME Financing
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The Lagos State Government, through the Ministry of Commerce, Cooperatives, Trade and Investment, is set to officially sign a Memorandum of Understanding with the Bank of Industry (BOI) and Sterling Bank as part of efforts to boost access to finance for small and medium-scale entrepreneurs across the state. The signing event scheduled for tomorrow…
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BFIN and PHDCCI India-Nepal Centre Lead Symposium: Empowering Nepal’s Economic Aspirations Through Reforms
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On May 10, Nepal hosted a significant event where the Banking, Finance and Insurance Institute of Nepal (BFIN) partnered with the India-Nepal Center of the PHD Chamber of Commerce and Industry (PHDCCI) to conduct an upscale symposium focused on utilizing economic reforms to propel Nepal’s development aspirations in Kathmandu. The symposium entitled “Nepal’s Ambitious…
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BFIN and PHDCCI India-Nepal Centre Present: “Nepal’s Rise: Harnessing Economic Reforms for Growth” – An Exclusive Symposium
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Kathmandu [ Nepal ], May 10 (ANI): The Institute for Banking, Finance, and Insurance has announced Nepal ( BFIN ) in partnership with India- Nepal Center of the PhD Chamber of Commerce and Industry ( PHDCCI ) Successfully organized a high-level symposium entitled “Aspirational” Nepal How to Profit From It Economic Reforms at the…
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IMF Approves $1 Billion for Pakistan as Reforms Take Effect
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The IMF’s Executive Board has authorized a release of $1 billion to Pakistan as part of the Extended Fund Facility (EFF). This step marks an important achievement in the nation’s endeavors to bolster economic stability. This launch comes after Pakistan successfully met key performance indicators associated with the 37-month IMF Extended Fund Facility (EFF)…
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PM Shehbaz Cheers 31% Boost in Remittances During FY25
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Prime Minister Muhammad Shehbaz Sharif on Thursday expressed satisfaction over a significant 31% increase in remittances during the first ten months of the fiscal year 2025, compared to the same period last year. According to the Prime Minister, remittances reached a record-high level of $31.2 billion between July 2024 and April 2025 the highest…
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Customs and A-GF Team Up: Boost Revenue, Elevate Officer Training
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The Nigeria Customs Service intends to bolster its partnership with the Office of the Accountant-General of the Federation to increase national revenues even more and improve the training of its personnel. Following reports of a substantial rise in the Service’s income, this initiative has been launched. The Comptroller-General of Customs, Adewale Adeniyi, welcomed the…
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World Bank Report: Morocco’s Private Sector Stalls as Economy Advances
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To strengthen its private sector and address the needs of an expanding workforce, Morocco needs to implement significant structural changes, as stated in a recentWorld Bank report. Even though Morocco has experienced consistent economic expansion recently, the report indicates that the country’s private sector continues to lag behind, characterized by minimal business activity and…
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Taxing Vacant Homes Could Stem the Housing Crisis – NIESV
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The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has suggested implementing taxes on vacant properties as one of the strategies to address the increasing issue observed in key urban areas throughout the nation. The President and Chairman of the Council of NIESV, ESV Victor A. Alonge, disclosed this information during the annual Valuation…
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SEC Urges Enhanced Integration Among African Markets – International Edition (English)
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The Securities and Exchange Commission (SEC) has urged collaboration amongst African financial markets with the aim of fostering greater interconnectedness across the continent and promoting the creation of innovative products. During his visit to the Autorité Marocaine du Marché des Capitaux (AMMC), also known as the Moroccan Capital Market Authority in Rabat on Monday,…
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Outage Costs Soar: Rs262.7B Extra Burden on Consumers as Gencos Struggle
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The shutdown of Neelum Jhelum, along with power generation shortages at various plants, inadequate management, and systemic limitations, has imposed an extra financial load of Rs 262.7 billion upon electricity customers over the initial nine-month period (from July to March) of this current fiscal year. During just the month of March, an extra financial…