Nigerian Exchange appoints New Chairman, Ahonsi Unuigbe Nigerian Exchange Limited (NGX) has appointed Mr. Ahonsi Unuigbe as its new Board Chairman, effective 27 September 2023, following the retirement of Mr. Abubakar Mahmoud. The shareholders of NGX also approved the appointment of Mr. Jude Chiemeka as Executive Director, and[Read More…]
FG to fund 53 road projects with N150b Sukuk bond The Federal Government has said that it will deploy the N150 billion that would be raised from the ongoing Sukuk bond issue to fund the construction of 53 road projects across the country. This was even as it[Read More…]
USAID organises roadshow to introduce American investors to opportunities in Nigeria The United States Government, in partnership with the U.S. Agency for International Development (USAID) Mission in Nigeria and the U.S. Prosper Africa and Power Africa initiatives, is organizing a roadshow scheduled from October 9 to 13 to introduce[Read More…]
Africa will earn over $70bn from internal trading – AfCFTA The Africa Continental Free Trade Area has said that internal trading will earn Africa more than $70 billion development assistance. The Chief of Staff of the AfCFTA Secretariat, Silver Ojakol, made the assertion at the 2023 Regional Integration Issues Forum[Read More…]
Kerosene prices rise by 57.18% in August — NBS Household kerosene prices surged by 57.18 per cent, reaching N1,272.40 per litre in August, according to the National Bureau of Statistics. The NBS’ National Household Kerosene Price Watch report noted that this sharp increase from last year’s N809.52 in August 2022[Read More…]
Blue Economy Will Offer 350 Million Jobs If Adequately Harnessed — NIMASA DG Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has said the blue economy will offer 350 million jobs to Nigerian citizens if adequately harnessed. Jamoh, who was represented by the Acting Coordinator of[Read More…]
NNPCL says no plans to hike petrol The Nigerian National Petroleum Company Limited (NNPCL) has debuted reports that it is planning to increase pump price of Premium Motor Spirit (petrol) as unfounded lies. In a statement posted on Friday on its official X handle (formerly Twitter) the management of[Read More…]
10 finalists emerge at Wema Bank’s Hackaholics Ten finalists on Monday, emerged at Wema Bank’s Hackaholics 4.0. grand finale pre-pitch competition. The finalists won over N50m cash prizes, aimed to boost innovation and technologies to create a solution-driven environment. According to the bank, “Wema Bank’s youth & start-up-focused initiative[Read More…]
UBA grooms future professionals across Africa in graduate management program Africa’s Global Bank, United Bank for Africa (UBA) Plc, on Thursday held the maiden edition of its expanded Graduate Management Accelerated Programme(GMAP) where over 700 graduates were inducted into the UBA Tribe after a rigorous 6-month hands-on-work and learning[Read More…]
IHS Towers Meets Tinubu, Invests $200m In Green Energy Solutions IHS Towers, one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has said its operations have earned Nigeria a strong foothold in the global telecommunications market. The company made[Read More…]
