Nissan Unveils Navara Assembly Plant In Ghana  

Nissan Unveils Navara Assembly Plant In Ghana  

Ghanaian President Nana Addo Danquah Akufo-Addo has commissioned Nissan’s new Navara semi-knockdown assembly plant in Tema, outside Accra.  The $9-million facility is the culmination of a process that began in 2018 when Nissan signed a memorandum of understanding with the government of...
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Buhari Orders Release Of 40,000 Tons Of Grains

Buhari Orders Release Of 40,000 Tons Of Grains

President Muhammadu Buhari has approved the immediate release of 40,000 metric tons of assorted grains from the Strategic Grains Reserve, to assist less-privileged Nigerians to celebrate the forthcoming Easter and Sallah festivities.  The Minister of Agricult...
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NAFDAC Alerts On Recall Of Continental Mills Buttermilk Pancake, Waffle Mix

NAFDAC Alerts On Recall Of Continental Mills Buttermilk Pancake, Waffle Mix

The National Agency for Food and Drug Administration and Control (NAFDAC) has alerted the general public that Continental Mills is recalling a single lot of Great Value Buttermilk Pancake and Waffle Mix, due to a potential foreign material contamination. ...
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NSML Gets First Sub-Saharan African Terminal Environmental Certification

NSML Gets First Sub-Saharan African Terminal Environmental Certification

NLNG Ship Management Limited (NSML), manager of the Nigeria LNG Limited (NLNG) Bonny Terminal, has achieved the terminal’s Ecoport Port Environmental Review System (PERS) certification, making it the first certification of its kind in any port in Sub-Saharan...
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Fidelity Bank Takes Non-Oil Exports Campaign To North Central

Fidelity Bank Takes Non-Oil Exports Campaign To North Central

Following successful outings in Kano and Akure, leading financial institution, Fidelity Bank Plc, is set to host businesses in the north central geopolitical zone to a special seminar on opportunities and implementation of the CBN RT200 FX Policy.   ...
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CBN To Begin Payment Of N65 Rebate To Exporters

CBN To Begin Payment Of N65 Rebate To Exporters

The Central Bank of Nigeria (CBN) is to begin payment of N65 rebate to exporters who sold their goods through the importers and exporters (I&E) window, at the end of the first quarter.  CBN Governor, Godwin Emefiele, said this shortly...
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LNG Carrier: CoolCo Completes Acquisition From Golar 

LNG Carrier: CoolCo Completes Acquisition From Golar 

The newly formed shipping company, CoolCo has completed all eight acquisitions of LNG carriers from Bermuda-based shipper Golar LNG. Cool Company disclosed that it completed the last two acquisitions of eight modern LNG tankers from Golar LNG on Apri...
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Neimeth Explains Agenda For N5b Fresh Capital

Neimeth Explains Agenda For N5b Fresh Capital

Shareholders of  Neimeth International Pharmaceuticals PLC have approved the plan of the Board to raise the sum of N5 billion through a hybrid offering of Rights to existing shareholders and private placement. The money will be used to finance major...
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SEC Concludes ISA Review

SEC Concludes ISA Review

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IOSCO Seeks Feedback On Market Liquidity, Corporate Bond Markets, Others

IOSCO Seeks Feedback On Market Liquidity, Corporate Bond Markets, Others

The Board of the International Organization of Securities Commissions (IOSCO) is publishing its report on corporate bond markets – drivers of liquidity during COVID-19 induced market stresses and invites stakeholder feedback on the analysis. &...
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Okomu Oil Sets Aside N7b For 2021 Dividend

Okomu Oil Sets Aside N7b For 2021 Dividend

For the 2021 financial year, the board of  Okomu Oil Palm Plc has concluded plans to reward shareholders with a dividend payout of N7.6 billion, translating to an N8 per share.   In a notice to the NGX ON Wednesday, Okomu Oil...
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DMO Releases FG’s N720b Q2 Borrowing Plan

DMO Releases FG’s N720b Q2 Borrowing Plan

The Debt Management Office (DMO) has released schedule of local borrowings of about N720billion by the Federal Government for the second quarter. The schedule is contained in the DMO’s “FGN Bonds Issuance Calendar For The Second Quarter, 2022’’.  ...
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Presco Issues N34.5b Series 1 Bond 

Presco Issues N34.5b Series 1 Bond 

By Moses Ebosele, ebosele@hotmail.com   — Market leader in the supply of specialty fat and oils, Presco Plc has announced successful issuance of  N34.5billion Series 1 seven-year Fixed Rate Bonds under its N50 billion Bond Issuan...
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Senate Extends 2021 Budget Implementation To May 31

Senate Extends 2021 Budget Implementation To May 31

The Senate has extended the implementation of 2021 budget from March 31 to May 31.This followed the consideration of a bill to Amend the 2021 Appropriation Act.  The Senate before considering the bill suspended Rule 78(1) of the Senate Standing...
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