archiveFebruary 25, 2021

FMDQ Securities Exchange Limited (FMDQ Exchange) has approved the quotation of the Valency Agro Nigeria Limited ₦5.12 billion Series 1 Commercial Paper (CP) under its ₦20.00 billion CP Programme on its platform. The Valency Agro Nigeria Limited CP debut issue comes at a time where the Nigerian economy is bedeviled...

  The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has secured the final forfeiture of $919,202 kept in an interest yielding bank account by some court staff in Port Harcourt, Rivers State. ICPC uncovered the amount from three respondents including the Chief Registrar and the Deputy Registrar of...

 The nation’s bourse retreated on Thursday, reversing two days positive sentiment with a loss of N65 billion following profit taking on banking and consumer goods stocks. Consequently, the market capitalisation shed N65 billion or 0.31 per cent to close at N20.978 trillion from N21.043 trillion achieved on Wednesday. Also, the...

    VP commends UBA, Sterling Bank, First Bank, Fidelity Bank, for leading off-grid financing in Nigeria Designed to boost ongoing efforts to fix Nigeria’s energy supply challenge, the 5 million homes solar installation plan under the Buhari administration’s Economic Sustainability Plan (ESP) will be a game-changer in the renewable...

  Ecobank Nigeria on Thursday opened the market at London Stock Exchange via a virtual ceremony to mark the listing of its five-year fixed rate senior unsecured US$300 million bond. Ecobank Nigeria, a subsidiary of Ecobank Transnational Incorporated, the parent company of the  Ecobank Group, provides the full suite of...

says Ninth Assembly will keep to target on Electoral Amendment Bill President of the Senate, Ahmad Lawan on Thursday assured Nigerians that the Petroleum Industry Bill(PIB) which is before the National Assembly will change the fortune of the country by the time it becomes law. "The PIB is going to...

  pledges to fix Awotan Health Centre, install solar lights says project will provide 3,000 jobs for residents   Governor 'Seyi Makinde of Oyo State, on Thursday, commissioned the Awotan Landfill Project and also unveiled the Clean and Green Waste Trucks, to improve environmental and social well-being of residents of...

The management of the Obafemi Awolowo University (OAU), Ile Ife, has fixed new dates for its post-UTME screening exercise. This was contained in a press statement by the Public Relations Officer of the University, Abiodun Olarewaju, titled, ‘OAU fixes new post-UTME dates’ on Thursday. The statement read in part, “All...

The Sustainable Use of Natural Resources and Energy Finance (SUNREF), an international funding facility, has urged manufacturers to take advantage of its facility and technical assistance for projects development. The News Agency of Nigeria (NAN) reports that the funding facility comprises 70 million dollars low-cost debt financing and 11 million...

 The Customs Area Controller, Apapa Command, on Thursday disclosed the seizure of tramadol, used clothing and others with a Duty Paid Value of N223m. Comptroller Malanta Yusuf , Area Controller of Apapa Command of Nigeria Customs Service, in a news conference in Lagos noted that the tramadol was concealed with...