FG reverses forex restrictions for schools fees, medical tourism, business...
*Orders banks to set up forex kiosks at airports “In continuation of efforts to increase the availability of Foreign Exchange in order to ease the difficulties encountered by Nigerians in obtaining...
View ArticleNigerian Breweries Proposes Final Dividend of N20.45 Billion
The Audited Results of Nigerian Breweries Plc in respect of the year ended 31st December, 2016 were approved at a Board Meeting of the Company which took place on the 15th of February, 2017. The...
View ArticleFederal Government Meets Investors on the Issuance of Sovereign Green Bonds
“Nigeria is committed to sustainable economic development. The Lagos Event is a concrete step in the process of developing and issuing our 2017 sovereign green bonds program ‘- Amina Mohammed,...
View ArticleWFE explains FSB’s access to financial market infrastructure
The World Federation of Exchanges (WFE) has responded to a consultation from the Financial Stability Board (FSB) related to the Continuity of Access to Financial Market Infrastructures (FMIs) for a...
View ArticleLabour frowns at alleged plan to sack 3,500 workers
Organised Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has frowned at alleged plan by the Federal Government to sack 3,500 public servants “under the guise that...
View ArticleForte Oil list N9billion Bond on NSE
Oil giant Forte Oil Plc on Tuesday listed N9billion bond on the Nigerian Stock Exchange (NSE) as part of the planned N50 billion bond issuance programme for the leading energy company. According to the...
View ArticleNigeria’s Buhari needs further rest in UK after medical tests – spokesman
Nigerian President Muhammadu Buhari needs further rest in Britain following medical tests but there is no need to worry about his health, his spokesman said on Tuesday, as his absence enters the...
View ArticleAfrican Insurance Awards 2017
The African Reinsurance Corporation (Africa Re) is pleased to announce entries for the third edition of the prestigious African Insurance Awards. This is an opportunity to celebrate CEO’s and the...
View ArticleFG adopts 60-day national action plan on ease of doing business
Committed to achieving its objective of creating a conducive business environment in Nigeria, the Presidential Enabling Business Environment Council (PEBEC) chaired by Acting President Yemi...
View ArticleDangote, rice farmers, Sokoto govt sign rice growers scheme agreement
…Dangote laments huge forex on rice importation A tripartite agreement spare headed by the Dangote Rice limited to create jobs for 16,000 outgrower rice farmers in Sokoto was yesterday signed amid...
View ArticleRedefining Lifestyle Transit Banking with FirstBank FirstLounge
Convenience, Ease of Banking and Comfort are the key defining features as Nigeria’s Most Valuable Bank Brand, First Bank of Nigeria Limited in partnership with First Street redefines airport...
View ArticleEFCC recovers 17 exotic cars from ex- custom boss, Dikko
The Economic and Financial Crimes Commission, EFCC, on Wednesday, said it has recovered seventeen exotic vehicles in a warehouse belonging to a former Comptroller-General of Customs, Abdullahi Dikko...
View ArticleA New Risk Sharing Facility to Lower Premiums for Africa’s Farmers
The World Bank Group’s Global Index Insurance Facility (GIIF) and African Reinsurance Corporation (Africa Re) have entered into an agreement to carry out a risk-sharing facility, in form of an...
View ArticleWoman Absconds With Anti Corruption Crusade Crowd Hire Money
No fewer than 20 women were on Wednesday stranded at the Haven Event Centre, GRA, Ikeja after the inauguration of a programme “Nigerian Women Against Corruption’’. One of the women, who spoke to...
View ArticleIOSCO Issues Statement on Variation Margin Implementation
The Board of the International Organisation of Securities Commissions (IOSCO) acknowledges the challenges facing some market participants working to complete the necessary documentation and processes...
View ArticleFG: Infrastructure development will drive economic growth, create jobs, wealth
The Honourable Minister of Finance, on Thursday at the United Capital launch of its Eurobond and Wealth for Women Funds, said that infrastructure development will play a fundamental role in unlocking...
View ArticleIMF urges Nigeria to implement ‘coherent and credible’ economic policies
The International Monetary Fund on Thursday urged Nigeria to step up its economic reform efforts before the opportunity for reforms becomes more limited. “Urgency is needed in implementing a coherent...
View ArticleN20bn ‘Green Bond’ will deepen Nigerian capital market-Osinbajo
Babatunde Fashola, Honourable Minister of Power, Works and Housing; Oscar Onyema, Chief Executive Officer, The Nigerian Stock Exchange (NSE); His Excellency, Prof Yemi Osinbajo, Acting President of The...
View ArticleNigeria seeks new $500 million Eurobond sale to fund budget deficit
Acting President, Professor Yemi Osinbajo has written to parliament to seek approval for a new $500 million Eurobond sale to help make up for a shortfall in the government’s budget. Africa’s biggest...
View ArticleBoI projects N1.150trn for MSMEs funding in three years
Bank of Industry (BoI) has projected N1.150trillion in three years for the funding of micro, small and medium enterprises (MSMEs) sector. Speaking at 2017 budget defence on Wednesday, Waheed...
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