South African economy has regained the position of Africa’s largest in dollar terms, as the value of the nations’ currencies moved in opposite directions, this is coming barely two years after losing it to Nigeria. According to Bloomberg report, based on GDP at the end of 2015 published by the International Monetary Fund (IMF), the size of South African’s …
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Quest for healing forced me into stealing – suspect
Quest for healing forced me into stealing – suspect Folake Sokoya A twenty-year old man arrested by the operatives of Rapid Response Squad (RRS) of Lagos State Police Command, for allegedly stealing a mobile phone, has said that a festering sore in his right leg forced him into the criminal act. The suspect, Sunday Vincent, was apprehended by Policemen after forcefully …
Read More »AfDB approves $9m equity investment for SME’s in Nigeria
The African Development Bank has approved a nine million dollar equity investment in the Fund for Agricultural Finance in Nigeria (FAFIN) to provide expansion capital to agricultural small and medium-sized enterprises (SMEs). This was contained in a press statement issued by the bank on Monday and published on its web: www.afdb.org. According to (NAN) the statement said that FAFIN is a first-generation private …
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