FG, France, AFD sign $60m MoU to fund road infrastructure

FG, France, AFD sign $60m MoU to fund road infrastructure

As French entrepreneurs end visit to Nigeria    By Tunde Osho The Federal Government has signed a $60 million financing agreement for rural roads rehabilitation with France and the French Development Agency (AFD) office in Nigeria. A statement issued by the French Embassy in Abuja by its Press Officer/Attaché de presse, Damilola Ayodeji said the Minister […]

Dangote Cement Emerges NSE Most Compliant Listed Company For 2017

Dangote Cement Emerges NSE Most Compliant Listed Company For 2017

The Nigerian Stock Exchange (NSE) has announced recipients of the 2017 edition of its CEO Awards.   The winners were unveiled at the awards ceremony December 13, 2017, at the Stock Exchange House, Lagos.  Dangote Cement Plc was named the Most Compliant Listed Company for 2017, “having demonstrated the highest degree of compliance with the […]

NNPC adopts 24-hour depot, retail services

NNPC adopts 24-hour depot, retail services

The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country. The NNPC Chief Operating Officer, Ventures and Chairman of the NNPC Special Task Force on Fuel Monitoring, Dr. Victor Babatunde Adeniran, made this disclosure […]

Over 12m farmers join rice, wheat revolution – Buhari

Over 12m farmers join rice, wheat revolution – Buhari

Chris Steven, Abuja   President Muhammadu Buhari has declared the administration’s Anchors Borrowers’ Programme a huge success, saying 12.2 million farmers have joined the rice and wheat revolution while the country is moving close to self- sufficiency in major grains. The President, who was represented by  Lai Mohammed, Minister of Information and Culture,  spoke at […]

Arla Dano Out With Chocolate, Strawberry Flavours Variants

Arla Dano Out With Chocolate, Strawberry Flavours Variants

By Tunde Osho TG Arla Nigeria, makers of Dano Milk has upped the stakes with the introduction of chocolate and strawberry flavoured milk powder variants into the Nigerian market. According to the company, the newly introduced strawberry and chocolate milk powder were launched following intense consumer research that informed increasing desire for a convenient and exciting […]

Arik Air To Resume Intercontinental Flights

Arik Air To Resume Intercontinental Flights

Recommences operations from Abuja to Calabar, Uyo    By Tunde Osho Arik Air is considering resuming intercontinental flights just over ten months after a government-backed takeover forced it to retreat into the domestic Nigerian and regional West African markets. The Minister of State for Aviation, Hadi Sirika, said earlier this week that government had engaged its […]

Imports Drop To N2.4tr, Exports Climb N3.6tr In Q3 2017-NBS

Imports Drop To N2.4tr, Exports Climb N3.6tr In Q3 2017-NBS

By Tunde Osho The total value of goods imported into Nigeria in the third quarter of 2017 stood at N2.35 trillion, representing 10.51 percent drop when compared with the figures in the second quarter of 2017 and 4.68 percent lower than Q3 2016, data released December 11, by the National Bureau of Statistics, NBS, has revealed. […]

Civil Society Coalition Declares Emefiele Cbn Governor Of The Decade

Civil Society Coalition Declares Emefiele Cbn Governor Of The Decade

The Coalition of Civil Societies and Media Executives for Good Governance in Nigeria (COCMEGG) will honour the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, with the “Most Distinguished CBN Governor of the Decade”award. The award ceremony will hold on December 19, in Abuja. According to the President of COCMEGG, Omoba Aigbegbele, Emefiele’s performance since […]

DMO to redeem N198b maturing T-Bills

DMO to redeem N198b maturing T-Bills

 By Tunde Osho The Debt Management Office, DMO, has announced that it would redeem maturing treasury bills worth N198.032 billion this week and next week. On Thursday, December 14, 2017, N131.415 billion worth of Nigerian Treasury Bills (NTBs) will mature, while on Thursday, December 21, 2017, another NTBs valued at N66.617 billion will also mature. But […]

FG Planning Single-Digit Interest Rate For Manufacturers – Osinbajo

FG Planning Single-Digit Interest Rate For Manufacturers – Osinbajo

Commissions Petrolex $330m tank farm The Federal Government has announced it will soon unveil a single digit interest rate for manufacturers. The low interest rate according to government was to further promote private sector investments in the economy. Speaking during the commissioning of the 300-million litre tank farm in Ibefun, Ogun State on Tuesday, the […]

1 2 3 120