The Federal Government has issued the notice for the Highway Development and Management Initiative (HDMI) to commence the procurement for the twelve Federal highway roads it...
U.S. Agency for International Development (USAID) has launched a new State Accountability, and Effectiveness (State2State) Activity to strengthen subnational governance systems in six key states across...
The domestic equities market closed on a positive note as the All-Share Index rose 98bps to 39,085.78 points while YTD loss improved to -2.9%. Buying interest in...
The Board of the Fund for Export-Development in Africa (FEDA), an equity, development impact-oriented subsidiary of African Export-Import Bank (Afreximbank) has appointed Mr. Emmanuel Assiak as...
U.S. Trade and Development Agency announced a grant to Nigeria’s Sosai Renewable Energies Company for a feasibility study to connect more than 200,000 women, farmers, and...
African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a Joint Project Preparation Fund that will...
Nigerian Industrialist and Philanthropist, Abdul Samad Rabiu, launched the ABDUL SAMAD RABIU AFRICA INITIATIVE (ASR AFRICA) as well as a yearly Africa Fund endowment of $100million...
Ecobank Group has recorded a revenue of N641.8 billion for the year ended December 31, 2020, representing nine per cent increase compared with N586.9 posted in...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has described the recently approved rehabilitation exercise of the 210,000 barrels per...
The Bank of Industry (BoI), has secured a one billion dollar syndicated loan to support Micro, Small and Medium Enterprises (MSMEs) in the country. Otunba Adeniyi...
Afriland Properties Plc has approved a total dividend of N68.69 million recommended by the company for the financial year ended Dec. 31, 2020. The dividend which...
Nigeria LNG Limited (NLNG), has signed a five-year Memorandum of Understanding (MOU) with two U.S. government development agencies to make Bonny Island malaria-free and achieve HIV...
Price declines in ZENITH, ETI and FLOURMILL dragged performance in the Nigerian Stock market. Consequently, the benchmark index declined 5bps to 38,704.97 points, YTD loss worsened to -3.9% and market capitalisation...
Lagos Chamber of Commerce and Industry has berated the Central Bank of Nigeria CBN, Ministry of Finance and the Presidential Economic Advisory Committee for incoherent foreign...
Dangote Cement Plc paid a tax of N97 billion for the financial year ended 31st December 2020, even as it proposed a dividend of N16 per...