Tag: Obiora Madu

What outcome will Nigeria border-closure meeting yield?

The joint border patrol team set up by Nigeria, Benin and Niger republics to tackle smuggling will hold their first meeting on the 25th and 26th of this month. CEO of Multimix Group, Obiora Madu joins CNBC Africa to discuss developments around Nigeria's closed borders.

Central Bank of Nigeria to improve drive for non-oil exports

Governor of Nigeria's Central Bank says the apex banks development finance efforts have been driven by the need to reduce reliance on crude as smuggling and dumping over the years have led to a demise of Agriculture.

Nigeria’s non-oil revenues down 17% in Q4 2018

Nigeria’s non-oil revenues fell by 17 per cent in the fourth quarter of 2018 from the preceding quarter, the government’s non-oil revenue was below the proportionate quarterly budget estimate of 1.4 trillion naira. Meanwhile, The Economic Community of West African States (ECOWAS) and African Development Bank (AfDB) have signed a 22.7 million-dollar agreement for the Abidjan-Lagos corridor highway development project to increase trade and investment among member states. Obiora Madu, CEO Multimix Group joins CNBC Africa for more.
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