Browsing: Business

In the last few days, key executives of the organization have been deep in meetings with the Nigerian bank syndicate, the regulatory authorities and advisors. 

The result of the auction obtained from the DMO website on Thursday in Abuja, showed that the debt office sold N10.05 billion in five-year bonds at 13.40 per cent, and N45.10 billion in 10-year bonds at 13.60 per cent.

According to him, in spite of the accomplishments and enormous opportunities such as abundant freshwater, favourable weather, substantial human capacity available in the water sector, a lot of work still needed to be done.

Governor Ambode said the meeting, which was attended by members of Japan House of Representatives, Hon. Ichiro Aisawa and Hon. Asahiko Mihara, was in furtherance of his quest to woo Japanese investors, especially with regards to finding a comprehensive solution to the challenge of transportation in the State.

The News Agency of Nigeria reports that the index rose by 138.36 points or 0.33 per cent to close at 41,633.79, against 41,495.43 achieved on Wednesday.

The 2018 cohort includes an additional 250 entrepreneurs to the standard selection of 1,000, thanks to a $1 million partnership with the International Committee of the Red Cross to support 200 entrepreneurs in conflict and fragile zones of Nigeria (the North East where the Boko Haram scourge is felt and the Niger Delta region, which suffers environmental degradation from oil spillage), a $200,000 agreement with the United Nations Development Programme to support 40 pan-African entrepreneurs, and a $50,000 partnership with Indorama to support 10 Nigerians.

The MPC is established by CBN Act as an autonomous body that articulates Nigeria’s monetary policies

The spokesperson of the ministry, Dr Tope Elias-Fatile, said this on Wednesday in Abuja at the ministry’s bi-weekly press briefing.

This was disclosed on Wednesday, a day after President Muhammadu Buhari, through the Secretary to the Government of the Federation, Boss Mustapha, ordered all heads of Ministries, Departments and Agencies to defend their budgets before the end of this week.

The News Agency of Nigeria reports that the gross earnings grew by N77.76 billion or 16.94 per cent compared with N381. 32 billion recorded in the corresponding period of 2016.

Femi Adesina, the Special Adviser to the President on Media and Publicity, said this in Abuja while addressing state House correspondents on the outcome of the FEC meeting.

The News Agency of Nigeria reports that the All-Share Index dropped further by 190.93 points or 0.46 per cent to close at 41,495.43 against 41,686.36 recorded on Tuesday.

Fowler said this at the 13th General Assembly of the West African Tax Administration Forum with the theme: “Enhancing the Revenue Potential of West Africa” held on Wednesday in Abuja.

Globacom South East Sales Representative,Global Mobile Network Nigeria gave the assurance at the company’s special day at the ongoing 29th Enugu International Trade.

Dangote said this in an address he delivered at the Dangote Group Day at the ongoing 29th Enugu International Trade Fair in Enugu.

This brings the aggregate savings by the Government on personnel cost since 2007 to date to N288 billion. 

Some of the marketers, who preferred anonymity, confirmed to NAN on Wednesday in Lagos that they resorted to adopt a massive sack of their workers as the Federal Government had yet to pay an outstanding N650 billion debts owed them.

Dogara said the 2018 Budget will be laid before both chambers on April 19

Henrietta Yakubu, FAAN’s General Manager in charge of Corporate Affairs, said this in Lagos on Wednesday.

The News Agency of Nigeria recalled that the State House of Assembly had on March 15 passed the budget into law.