Economy - Page 1696

FG Unveils $10bn Nigeria Diaspora Fund to Attract Foreign Investments

April 26, 2024

By Adedapo Adesanya The federal government has announced the launch of a $10 billion Nigeria Diaspora Fund, a multi-sectoral investment opportunity to encourage remittances,

Economy

GCR Affirms AA+(NG) Rating on Dangote Cement

September 18, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The long term and short term national scale issuer ratings of AA+(NG) and A1+(NG) respectively have been affirmed on Dangote Cement

Economy

FGN Bond Prices Close Bullish Across Maturities Amid Liquidity Boost

September 17, 2017

Dipo Olowookere

By Cowry Asset In the just concluded week, OTC bond prices climbed amid boost in liquidity. Specifically, the 20-year, 10 percent FGN JUL 2030

Economy

Naira Falls at Forex Market Segments Despite CBN $250m Injection

September 17, 2017

Dipo Olowookere

By Cowry Asset During last week’s trading periods, the Central Bank of Nigeria (CBN) injected $250 million into various segments of the interbank foreign

Economy

FG Grants 10-Year Tax Incentive to Dangote

September 17, 2017

Dipo Olowookere

By Dipo Olowookere A 10-year tax incentive has been granted to Dangote Group by the Federal Government after the company agreed to rehabilitate the

Economy

NCMMRD Will Accelerate Growth in Nigeria’s Mining Sector—Fayemi

September 17, 2017

Dipo Olowookere

By Dipo Olowookere Minister of Mines and Steel Development, Dr Kayode Fayemi, has disclosed that the newly inaugurated National Council on Mining and Mineral

Economy

First Eagle Investment Management Opens London Office

September 17, 2017

Dipo Olowookere

By Dipo Olowookere An independent investment management firm headquartered in New York with approximately $110 billion, First Eagle Investment Management, has opened an office

Economy

Nigeria’s Debt to GDP Ratio to Hit 23% 2017-2020—S&P

September 17, 2017

Dipo Olowookere

By Dipo Olowookere Renowned global rating firm, S&P Global Ratings, has predicted that for 2017-2020, Nigeria’s general government debt stock (consolidating debt at the

Economy

S&P Affirms ‘B/B’ Ratings on Nigeria With Stable Outlook

September 17, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Notable rating agency, S&P Global Ratings, has affirmed its ‘B/B’ long- and short-term sovereign credit ratings on the Federal Republic of

Economy

Masawara Drives Digital Strategy With SSP Pure Insurance

September 16, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Insurance technology specialist, SSP, has signed a new deal with the Masawara Group of insurance companies. The deal has seen SSP