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sell public assets Buhari

Buhari Begs National Assembly for Another $4bn, €710m Loans

September 14, 2021
By Sodeinde Temidayo David President Muhammadu Buhari has asked the National Assembly to allow the federal government under his leadership to borrow fresh loans from international sources. Mr Buhari, in a letter, appealed to the parliament to allow him to source external loans worth $4 billion and €710 million, and grant components of $125 million to finance projects in the
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oscar onyema nse boss

We’ll Benefit from Onyema’s Understanding of African Markets—WFE

September 14, 2021
By Adedapo Adesanya The World Federation of Exchanges (WFE) has expressed optimism that the election of the Group Managing Director/Chief Executive Officer (CEO) of the Nigerian Exchange Group (NGX Group) Plc, Mr Oscar Onyema, to its board would greatly benefit the organisation. According to a press release, the decision for the inclusion of Mr Onyema to the board of the
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Financial Hub NIFC CBN

CBN to Establish Financial Hub to Attract Foreign Investors

September 14, 2021
By Ashemiriogwa Emmanuel The Central Bank of Nigeria (CBN) has said it intends to establish a financial hub to be called the Nigerian International Financial Centre (NIFC) before the end of September 2022. According to the Governor of the CBN, Mr Godwin Emefiele, the NIFC will serve as an international gateway for capital and investments, driven by technology and payment
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cybersecurity workshops

ONSA to Hold Cybersecurity Workshops for Capital Market, Others

September 14, 2021
By Adedapo Adesanya The Office of the National Security Adviser (ONSA) is set to organise cybersecurity workshops across seven sectors from September to December 2021. The three-month workshop will cut across telecommunications, defence and security, education, finance and capital market, energy, professional organisations, the private sector and the judiciary. This was disclosed by the Head, Strategic Communication, ONSA, Mr Z.
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oil revenue

Oil Gains as IEA Forecasts Strong Demand

September 15, 2021
By Adedapo Adesanya Oil stayed in the positive region on Tuesday as the International Energy Agency (IEA) said it expects a strong rebound in global demand from October. Also, the prospect of another storm threatening to cause disruptions to the oil industry in the US Gulf area lifted the price of the Brent crude yesterday by 35 cents or 0.48
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Politics

Ikeja Electric Licence

Ikeja Electric Reduces Band A Tariff to N206.80/kwh

May 6, 2024
By Aduragbemi Omiyale One of the leading electricity distribution companies (DisCos) in Nigeria, Ikeja Electric Plc, has announced the downward review of energy tariff for its Band A customers. Energy consumers on the Band A feeders are guaranteed at least 20 hours of power supply per day and are charged higher than the other customers on Band B to E.
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Travel

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NASD OTC market

NASD Maintains Upward Trajectory with 2.10% w-o-w Growth

By Dipo Olowookere It was another positive trading week for the market dedicated for companies not trading their securities on the Nigerian Stock Exchange (NSE), NASD OTC Exchange. During last trading week, the NASD Unlisted Securities Index (USI) sustained its upward trajectory
September 23, 2018

Dangote Simplifies Block Moulding with BlocMaster Cement

By Dipo Olowookere Builders and other stakeholders have lauded the BlocMaster Cement which was formally launched by Dangote Cement Plc last week in Kano, Kano State, describing it as extra strong and the best for block moulding in Nigeria. Before it was
September 23, 2018

Publiseer Begins Distribution to YouTube Music

By Dipo Olowookere If Publiseer has been asked one question more than any other, it’s “Since Publiseer gives so many things away for free, how does it make any money?” But a close second question is, “When will Publiseer start distributing songs
September 22, 2018

Asian Stock Markets Record Strong Growth

By Investors Hub Asian stocks rose broadly on Friday to extend a recovery as investors veered around to the view that the U.S.-China trade dispute will be less harmful to global growth than first feared. Chinese stocks posted strong gains as investors
September 22, 2018
European Shares

European Shares Remain in Green Territory

By Investors Hub European stocks have risen on Friday to extend recent gains as investors veered around to the view that the U.S.-China trade row will be less harmful to global growth than first feared. Sentiment was also underpinned by expectations that
September 22, 2018

Nissan Considers Assembly Plant in Ghana

By Dipo Olowookere Leading multinational automobile manufacturer headquartered in Nishi-ku, Yokohama, Japan, Nissan Motor Company Ltd, otherwise known as Nissan, is planning to establish an assembly plant in West Africa and its destination is Ghana. Minister of Trade and Industry, Mr Alan
September 22, 2018
Patrick Akinwuntan Ecobank Nigeria

Ecobank Plans Aggressive Expansion in Nigeria

By Dipo Olowookere Managing Director of Ecobank Nigeria, Mr Patrick Akinwuntan, has disclosed that the major task before him is to grow the Ecobank brand in the country by delivering it as a brand of choice and making sure the lender’s services
September 22, 2018
naira depreciate

Naira Suffers 0.14% Loss at I&E on Rising FPI Outflows

By Cowry Asset In the just concluded week, the local currency remained unchanged against the US Dollar at both the Bureau De Change (BDC) segment and the parallel (black) market at N358/$ and N361/$ respectively amid sustained special intervention by the Central
September 22, 2018
NSE index falls

NSE Index Closes Week Bullish, Gains 0.18%

By Dipo Olowookere Life was brought back on the trading floor of the Nigerian Stock Exchange (NSE) on Friday after the market closed in the green territory. Gains recorded by stocks in the oil and gas, banking and consumer goods sectors helped
September 22, 2018
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