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FGN savings bonds

Subscription for FGN Savings Bond Closes Today

April 5, 2024
By Aduragbemi Omiyale The Federal Government of Nigeria (FGN) savings bond sales for April 2024 is closing today, Friday, April 4, after opening on Monday, April 1, according to a circular from the Debt Management Office (DMO). The retail bonds are sold by the DMO for the federal government to retail investors not earning much but want to take part
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Dangote Sugar stocks

Dangote Sugar in Market to Sell N50bn Commercial Paper

April 5, 2024
By Aduragbemi Omiyale Commercial paper worth N50 billion is being offered for sale to capital market investors by Dangote Sugar Plc, Business Post reports. The sugar miller wants the money to support its short-term working capital and funding requirements, details of the exercise obtained by this newspaper revealed. The main targets of Dangote Sugar for this capital raising option are
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Tinubu business community

Nigeria’s Economy at Turning Point, I Can’t Underperform—Tinubu

April 5, 2024
By Modupe Gbadeyanka President Bola Tinubu on Thursday informed the organised private sector (OPS) that Nigeria’s economy was at a turning point and had no reason to underperform because he was given the mandate to save the nation. At an Iftar yesterday in Abuja with members of the Nigerian business community, Mr Tinubu called for more support from the private
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16 illegal refineries

Navy Uncovers 16 Illegal Refineries, Seizes 210MT of Crude Oil in Rivers

April 5, 2024
By Adedapo Adesanya The Nigerian Navy Ship, NNS Pathfinder, has uncovered and dismantled 16 illegal refineries with the capacity to refine 9.6 million litres of crude oil around Elem-krakama community in the Degema Local Government Area of Rivers State. The Navy also arrested 14 suspects, including a woman at the illegal refining site, who allegedly attached a 14-inch pipe to
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Modular Refineries Licensing

IPMAN, Investors in Talks for Modular Refineries

April 5, 2024
By Adedapo Adesanya The Independent Petroleum Marketers Association of Nigeria (IPMAN) is mulling the idea of building modular refineries and it is discussing this with some investors. The Principal Consultant to IPMAN, Mr Maurice Ibe, disclosed this when he appeared on Prime Time, a programme on Arise News Channel, on Wednesday night. He was on the show to discuss the
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Politics

Afreximbank

Afreximbank Records Improvement in Operating Efficiency in Q1 2024

May 20, 2024
By Adedapo Adesanya The African Export-Import Bank (Afreximbank) has released its consolidated financial statements for the first three months of 2024, recording growth in the face of challenging geopolitical and macroeconomic conditions. According to a statement, the Cairo-based lender demonstrated year-on-year growth and improvement in operating efficiency, with a lower cost-to-income ratio of 14.5 per cent in Q1 2024 compared
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Travel

Latest

Why I Do Ventriloquism Comedy—Nev Harrison

Upwardly mobile stand-up comedian, Nev Harrison has revealed that he introduced ventriloquism art of comedy to the Nigerian scene in order to immortalise his late younger brother, Ejiro who initially had the plans of becoming a ventriloquist. Nev delivers his comedy through
August 10, 2016

Bobbles Pay TV Debuts In Europe

A new pay TV platform called Bobbles TV has launched in Europe on Wednesday, August 10, 2016. The platform said its service can be received throughout Europe via satellite and internet. Bobbles.tv targets around 14 million people from Asia, Latin America and
August 10, 2016

Access Bank Upgrades PayWithCapture App

The digital banking application of Access Bank, PayWithCapture, has been upgraded to make transactions seamless. Business Post learnt that the latest version, PayWithCapture 5.0, comes with additional features that enable customers to transfer funds from any bank account (one or more) to
August 10, 2016

Nike Debuts New Film ‘Unlimited Courage’

Leading sports brand, Nike, has announced its next film aimed to celebrate a summer of sport and encourage athletes. The flick, ‘Unlimited Courage’, according to Nike, celebrates an extraordinary athlete, Chris Mosier, and his unlimited determination and spirit to become the first
August 10, 2016

All Set For 23rd World Energy Congress In Turkey

  Momentum is building towards the 23rd World Energy Congress, due to take place in Istanbul between 9th and 13th October, just two months away. Government ministers from almost 50 countries are among the 261 influential senior leaders confirmed to speak at
August 10, 2016

JAC Targets African, Middle East Auto Markets

Leading Chinese automaker, JAC, has expressed its intention to look into the Middle East and African markets to boost its sales. The company says it plans to focus on young, tech-savvy and style-conscious drivers in the two markets. This, Business Post learnt,
August 10, 2016

CBN Extends BVN Registration For Diaspora Customers

The Central Bank of Nigeria (CBN) has announced the extension of registration for the Bank Verification Numbers (BVN) for Nigerian customers living abroad. In a circular released on Tuesday by the Director, Banking and Payment System of CBN, Mr Dipo Fatokun, the
August 10, 2016

No Plan To Hike Fuel Price—NNPC Assures

Nigerians have been guaranteed that there would not be an increase in the pump price of Premium Motor Spirit (PMS) commonly called petrol. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, said this while reacting to speculations
August 10, 2016

Saudi Revises Visa Fees For Pilgrims

Authorities of Saudi Arabia have carried out new amendments to visa fees for pilgrims going to the country. The country’s cabinet of ministers announced on Tuesday that the changes will see all visa fees completely waived off and fully paid for by
August 9, 2016

Sterling Bank Launches Back-to-School Campaign

Relief may have come the way of parents, guardian, teachers and proprietors of schools in Nigeria as Sterling Bank Plc launches it’s the Back-To-School Campaign. The campaign is aimed at providing succour for all stakeholders in the sector as schools resume in
August 9, 2016
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