Economy Archives — Page 208 of 235

June 22, 2017 No Responses

SEC commends DMO, CBN, PENCOM on N100B Sukuk

The Securities and Exchange Commission (SEC) has commended the Debt Management Office (DMO) onarrangements to issue the maiden N100.0 Billion Sukuk in the Nigerian Capital Market. In a statement by the SEC “This is a major milestone for Nigeria as it will catalyze the development...

June 22, 2017 No Responses

Bank of Industry seeks partnership with Edo State Govt

The Managing Director and Chief Executive Officer (MD/CEO) of Bank of Industry, Mr. Pitan Olukayode has indicated the bank’s interest to seek more areas of collaboration with the Edo government. Assuring of the bank’s readiness to support the initiative...

June 21, 2017 No Responses

Governors endorse peer advisory mechanism, targets zero hunger by 2030

Five state Governors in Nigeria have endorsed a peer advisory mechanism to enable them monitor the implementation of their state-grown agricultural plans with a view to ending hunger by 2030. The peer advisory mechanism is a brainchild of the Nigeria...

June 21, 2017 No Responses

UBA emerges financial brand of the decade

Foremost financial institution, United Bank for Africa (UBA) Plc has emerged Financial Brand of the Decade. The award ceremony, put together by Marketing Edge, is in recognition of UBA’s innovative and pacesetting role. Also, the award is a product...

June 20, 2017 No Responses

AfDB, UBA, Wema Bank, others to finance ABUAD projects

African Development Bank (AfDB) in collaboration with four Nigerian Banks have signed Memorandum of Understanding (MoU) to provide Project Finance facilities to Afe Babalola University (ABUAD), Ado Ekiti, for the execution of various projects under the Unive...

June 20, 2017 No Responses

BPE Photo News

Mr. Alex A.Okoh, Director General of Bureau of Public Enterprises (Left) during a working visit to Hajia Kadijat Buka Abba Ibrahim, the Minister of State for Foreign Affairs in Abuja.

June 19, 2017 No Responses

FG distributes 200 rice mills to farmers, begins training of 3000 Agro Rangers

Minister of Agriculture and Rural Development, Chief Audu Ogbeh has approved the distribution of 200 rice mills to farmers across the country. Speaking during an interactive session with a team of social media influencers in Abuja at the weekend,...

June 18, 2017 No Responses

Ministry seeks second license for Agric Bank, targets 40m customers

By Moses Ebosele (ebosele@hotmail.com) – The Federal Ministry of Agriculture and Rural Development (FMARD) has concluded plans to secure second licence for Bank of Agric from the Central Bank of Nigeria (CBN) as part of measures to provide adequate....

June 18, 2017 No Responses

Certified yams from Nigeria arrives in U.S as Senegal, Mali indicate interest

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh was in a celebration mood on Saturday as he announced the successful arrival of the first consignment of certified yams from Nigeria to the United States of America (USA). ...

June 16, 2017 No Responses

‘FG will continue to fight illicit trafficking in Cultural Property’

The Minister of Information and Culture, Alhaji Lai Mohammed, has promised that the Federal Government will continue to fight against the illicit trafficking in Cultural Property. Declaring open an exhibition of repatriated Nigerian artefacts in Lagos on Thu...

June 16, 2017 No Responses

NSE Photo News

L – R Dr Remi Oni, Executive Director, Corporate Banking, First Bank Limited; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Urum Kalu Eke, MFR, Group Managing Director, FBNHoldings; Tijjani Borodo, Company Secretary, FBN...

June 15, 2017 No Responses

Citibank: Nigerian economy on slow path to recovery

Following a difficult two years, there are now signs that the Nigerian economy is starting the slow path to recovery, Citibank Africa Economist, Mr David Cowan has said Speaking at a Direct Custody and Clearing (DCC) seminar, Cowan said...

June 15, 2017 No Responses

NSE Photo News

L – R: Gilles Kolifrath, Partner, Kramer Levin Naftalis & Frankel, ISDA Member; Irene Robinson-Ayanwale, Head, Legal Department, The Nigerian Stock Exchange (NSE); Marilyn Ramplin, Founder, Novia One Group, incorporating Hedge Fund Academy and Ade Bajo...

June 13, 2017 No Responses

2017 Budget, an important milestone in Nigeria’s economic recovery, growth, says Osinbajo

“This is an important milestone in our economic recovery and Growth plan laid in April by President Muhammadu Buhari. “I would like to express my appreciation to the Senate President, the Speaker of the House of Representatives, as well...