SEC to partner EFCC on market infraction

SEC to partner EFCC on market infraction

The Securities and Exchange Commission (SEC) is working on a Memorandum of understanding (MoU) with the Economic and Financial Crimes Commission (EFCC) to provide an efficient and effective policing of the capital market. This was disclosed by the Director General of...
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NIMASA to partner NIMEX ON Meteorological data

NIMASA to partner NIMEX ON Meteorological data

The Nigerian Maritime Administration and Safety Agency (NIMASA) is set to constitute its partnership with the Nigerian Meteorological Agency (NIMET) on meteorological data with a view to ensuring safety of lives and sea. The Director General of NIMASA, Dr. Dak...
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Minister seeks support for creative industry, GAC Motors

Minister seeks support for creative industry, GAC Motors

Citing revenue and tourism benefits, the Minister of Information & Culture, Alhaji Lai Mohammed has implored Nigerians to give adequate support to the nation’s creative industry. Speaking during the unveiling of the GAC Motor’s GS4 in Lagos the Min...
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NIMASA DG tasks NUJ on balanced reports

NIMASA DG tasks NUJ on balanced reports

The Director General of Nigerian Maritime Adminstration and Safety Agency (NIMASA), Dr Dakuku Peterside has charged the Lagos Council of Nigeria Union of Journalists (NUJ) to ensure balance while reporting national affairs.   According to Dakuku, the role of ...
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NSE admits N6.3b Wema Fund SPV Bond

NSE admits N6.3b Wema Fund SPV Bond

The Nigerian Stock Exchange (NSE) has announced the Listing by Introduction of N6,295,000,000 Series 1:7-Year 18.50% Fixed Rate Bond Due (2023) under the N50,000,000,000 Wema Funding SPV Plc Debt Issuance Programme.   Commenting on the listing, Oscar N. Onye...
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NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory

NLNG completes $12m USP scheme, commissions UNIMAID engineering laboratory

Nigeria LNG Limited (NLNG) has completed one of its flagship Corporate Social Responsibility (CSR) programmes, the University Support Programme (USP), with the commissioning of the sixth $2 million engineering laboratory at the University of Maiduguri (UNIMAID...
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NIMASA reiterates support for amnesty programme

NIMASA reiterates support for amnesty programme

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its commitment to Presidential Amnesty Programme as part of measures to ensure proper rehabilitation and reintegration of the ex-agitators in the Niger Delta Region. The Director Ge...
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Ministers lauds Academy Press N2b investment in modern equipment

Ministers lauds Academy Press N2b investment in modern equipment

The Minister of Information and Culture, Alhaji Lai Mohammed, has lauded the Lagos-based printers Academy Press Plc for showing great confidence in the country’s economy through the investment of N2billion in acquiring modern equipment within one year. T...
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FG to construct 400 dams before 2019

FG to construct 400 dams before 2019

The Federal Government is to construct additional 400 dams to boost irrigation across the country before 2019. Speaking in Abuja at the 32nd Annual Meeting of the Food Crisis Prevention Network, President Muhammadu Buhari explained that due to the growing...
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‘Nigeria’s 2017 budget’ll tackle recession’

‘Nigeria’s 2017 budget’ll tackle recession’

President Muhammadu Buhari has assured Nigerians that the 2017 Appropriation Bill would take Nigeria out of the ongoing economic recession. In his Eid-el Maulud message, Buhari explained that with collective dedication and hard work, Nigerians would in 2017 ov...
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Nigeria Energy Sector Fund declares N51 coupon payment

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...
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Banks to boost Agric, SME fund with N30billion

Banks to boost Agric, SME fund with N30billion

As part of measures to support the newly created Agriculture/Small and Medium Enterprises (SME) fund, the Bankers Committee at the weekend pledged to  contribute  N30 billion from their Profit After Tax (PAT).   Speaking at the end of the 8th...
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FG unveils 10-point agenda for economic growth

FG unveils 10-point agenda for economic growth

The federal government has outlined a 10-point fiscal roadmap to reset the economy to a path of growth. The Minister of Finance, Mrs Kemi Adeosun revealed the outline when she represented Vice President Yemi Osinbajo, at the annual dinner of...
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LCCI Photo News

LCCI Photo News

L-R: Chairman, JKN Limited, Chief Dr. John Odeyemi; President, Lagos Chamber of Commerce and Industry, Chief Dr. Mrs. Nike Akande and His  Majesty, Ooni of Ife, Oba Adeyeye Ogunwusi during the presentation of Grand Star Award of Oodua to Akande...
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