Tag: Business

Nigeria Raises $2.86b Eurobonds
November 15, 2018 No Responses

Nigeria Raises $2.86b Eurobonds

The Federal Government on Wednesday said it had raised 2.86 billion dollars three-series international bond under its Global Medium Term Note Programme.  Mr Paul Abechi, Special Adviser to the Minister of Finance on Media and Communications disclosed this in a...
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SEC’s CMC Inaugurates FinTech Roadmap Committee
November 15, 2018 No Responses

SEC’s CMC Inaugurates FinTech Roadmap Committee

The Capital Market Committee (CMC) has inaugurated a Market Wide FinTech Committee to come up with a FinTech Roadmap for the Nigerian Capital Market. Inaugurating the Committee which has Mr. Ade Bajomo, Executive Director is Access Bank as Chairman, during...
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INEC Adopts Simultaneous Accreditation Of Voters
November 15, 2018 No Responses

INEC Adopts Simultaneous Accreditation Of Voters

The Independent National Electoral Commission (INEC) says voting would hold simultaneously with accreditation of voters during the 2019 general elections.Mr Festus Okoye, INEC National Commissioner and Chairman, Information and Voter Education Unit, disclosed ...
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Maersk Rules Out Mergers, Acquisitions In 2019
November 15, 2018 No Responses

Maersk Rules Out Mergers, Acquisitions In 2019

Danish transportation and logistics giant Maersk doesn’t see a strong need to pursue mergers and acquisitions in the following year, according to the company’s Chief Executive Officer, Søren Skou.  As explained, the company has over 20 per cent market ...
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Ashok Leyland MD Resigns, Shares Down By Eight Per Cent
November 14, 2018 No Responses

Ashok Leyland MD Resigns, Shares Down By Eight Per Cent

Citing personal reasons, the Managing Director and Chief Executive Officer of commercial vehicle manufacturer, Ashok Leyland, Vinod K. Dasari has resigned. The resignation which takes effect March 31, 2019, was announced on Wednesday. He will be suceeded by ...
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A.P. Moller – Maersk Reports $10.1b Revenue In Q3
November 14, 2018 No Responses

A.P. Moller – Maersk Reports $10.1b Revenue In Q3

For the 2018 third quarter, A.P. Moller – Maersk has reported growth in both Ocean and non-Ocean with a total revenue increase of 31% to USD 10.1bn, 12% excluding Hamburg Süd.  Growth in non-Ocean was at 15%, which now contributes...
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Aduvie Celebrates Universal Children’s Day With Art Exhibition
November 14, 2018 No Responses

Aduvie Celebrates Universal Children’s Day With Art Exhibition

Aduvie International school, Abuja  in partnership with ‘Stop don’t drop’ celebrates the Universal children’s day with an Arts Exhibition centered on Up cycling (recycling) putting waste and trashed objects into use.  This according to a statement fr...
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NPA Photo News
November 14, 2018 No Responses

NPA Photo News

The Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala Usman (left) presents a plaque to the Ambassador of the United Arab Emirates (UAE)in Nigeria, Fahad Al Tafaq(right), who paid her a courtesy visit at the NPA Corporate Headquarters, Marina, Lag...
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Hyundai Targets 700 New Jobs With Expansion
November 14, 2018 No Responses

Hyundai Targets 700 New Jobs With Expansion

Hyundai Motor India Limited (HMIL) has concluded plans to increase its passenger vehicle production capacity to eight lakh units from seven lakh at its Sriperumbudur factory, near Chennai.  According to Hyundai, the proposed capacity expansion is expected to ...
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Nigeria To Auction N115b Bonds
November 14, 2018 No Responses

Nigeria To Auction N115b Bonds

Federal Government of Nigeria  is to auction by subscription N115 billion worth of bonds on November 21, 2018, the Debt Management Office (DMO) has said  In a circular, DMO explained that the five-year bonds of N35 billion is to mature...
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Senate Affirms Commitment To Passage Of Police Reform Bill
November 14, 2018 No Responses

Senate Affirms Commitment To Passage Of Police Reform Bill

The President of the Senate, Dr Bukola Saraki, has reiterated Senate’s commitment to fast-tracking passage of the Nigerian Police Reform Bill. Saraki gave the assurance in a statement by his Special Assistant on New Media, Mr Olu Onemola, on Tuesday....
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CBN Boosts Forex Market With $210m
November 14, 2018 No Responses

CBN Boosts Forex Market With $210m

In its latest round of intervention, the Central Bank of Nigeria (CBN) on Tuesday, November 13, 2018, injected the sum of $210 million in the inter-bank foreign exchange market. Figures obtained from the CBN indicate that the authorized dealers in...
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KAIGAMA‘S ADDRESS AT ASCSN ABUJA MEETING
November 14, 2018 No Responses

KAIGAMA‘S ADDRESS AT ASCSN ABUJA MEETING

I am extremely delighted to welcome you all to the 2018 meeting of the National Executive Council (NEC) of the Association of Senior Civil Servants of Nigeria (ASCSN) holding here in Abuja, the Federal Capital Territory.   2.         Comrades, as...
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Photo News
November 14, 2018 No Responses

Photo News

L – R: Mr. Nornah Awoh, Chief Equity Analyst at Palesa Capital Markets Associates Limited; Mr. Friday Ekeoba, Secretary General, Capital Market Correspondents Association of Nigeria (CAMCAN); Mrs. Chinyere Joel-Nwokeoma, Vice President, CAMCAN;  Mr. Cyril ...
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