SEC seeks ways to revive moribund investments, attract more
The Securities and Exchange Commission has restated its commitment to partner with relevant government agencies and the private sector to attract more investments to the country. A statement by the…
26 world billionaires as rich as 3.8 billion people – Report
The world’s billionaires are growing $2.5 billion richer every day, while the poorest half of the global population is seeing its net worth dwindle. Billionaires, who now number a record…
A mafia runs NNPC, I’ll dislodge it; boasts Atiku
Nigerian presidential hopeful Atiku Abubakar has branded the state-run oil company a “mafia organisation” and pledged to privatise it if he is elected in a presidential ballot next month. Abubakar,…
Otedola’s Forte Oil upstream, power firm buyout stirs mixed sentiments
Shareholders and Capital Market Operators on Thursday expressed mixed reactions to moves by Mr Femi Otedola, Forte Oil Plc Chairman to buy out the company’s upstream and power assets. They…
Nigeria Will Grow 2.5 per cent This Year Despite Tighter Global Conditions-Reuters poll
Sub-Saharan economies will cope with tighter global liquidity this year and grow faster than in 2018, albeit at a lackluster rate compared to the commodity price boom…
Firms in JV Agreement to Establish $3m Smelting Plant, Refinery in Jos, Q3 2019
Two firms, D Four Metals and Plastona Limited, have entered into a joint venture agreement to establish a 3 million U.S. dollars ultra-modern smelting plant and refinery in Jos, Plateau….
ALSF to Receive €5 million Grant From The EU
The European Commission has approved a grant of 5 million euros to the African Legal Support Facility,ALSF, to finance the Facility’s Medium Term Strategy for the next…
CBN to Unveil Economic Plans For the Year
The Central Bank of Nigeria has said it will unveil the Bank’s plans for the year during the first Monetary Policy Committee meeting next week. This comes as…
Asset Diversification: NSE to Launch Derivative-Instruments in 2019 – Onyema
Oscar Onyema, CEO, NSE In a bid to encourage portfolio diversification, the Nigerian Stock Exchange (NSE) on Monday said it will launch a platform for trading of derivatives in…
SEEFOR: World Bank, EU to Extend Project, Engage 825 Youths in Delta
Frank Apokwu, Delta State Coordinator, State Employment and Expenditure For Results (SEEFOR) project, says plans are ongoing by the World Bank and European Union (EU) to extend the projects…