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EnergyUncategorized

FG, NNPC Sign N621billion MoU To Fund Road Infrastructure

The Nigerian National Petroleum Corporation (NNPC), Tuesday handed over a symbolic cheque of N621.24 Billion for the rehabilitation of 21 critical roads across...

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Lagos State N500 Billion Debt Issuance Programme.

jl Sanwo-Olu said this is also the third time a sub-national would issue a long-date Bond (10 years), in the Nigerian domestic debt...

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IICC Institutes Award For Insurance Journalists

Executives of IICC with NAIPCO members at the event. PRESS RELEASE–The Insurance Industry Consultative Council (IICC)  has instituted an award for journalists covering...

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Gross Official Reserves Declined By US$614m To US$41.2bn In November 2021

Today’s chart shows a decline of USD614m (-1.5% m/m) in Nigeria’s gross official reserves to USD41.2bn in November. This decline follows four months...

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Equinix Expands Into Africa With Acquisition Of MainOne

Funke Opeke, CEO of MainOne. Image Credit: MainOne Expansion Aims to Enable Organizations to Accelerate Digital Transformation throughout Africa  Equinix, Inc. (Nasdaq: EQIX), the...

MaritimeUncategorized

Apapa Customs Command Generates N784.8 billion Revenue In 11 Months* Intercepts 13-Containers of Drugs

BY NKECHI NAECHE-ESEZOBOR–The Apapa Command of the Nigeria Customs Service (NCS) on Tuesday said it’s revenue profile between January to November 2021 stood...

MoneyUncategorized

Ecobank Seals €100 million Credit Facility Deal With EIB

Ecobank Group on Thursday announced the it has signed €100 million credit facility with the European Investment Bank (EIB).    According to statement released...

EnergyUncategorized

FG Planning To Replace Fuel Subsidy With Transport Palliative – Minister

Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has described...

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