MARKET UPDATE
Advertisement Topt

TheCable

Business

EXCLUSIVE: Amaechi soft-pedals on ‘unremitted’ N165bn claim, tackles Hadiza for ‘insubordination’

    EXCLUSIVE: Amaechi soft-pedals on ‘unremitted’ N165bn claim, tackles Hadiza for ‘insubordination’

The war between Rotimi Amaechi, minister of transportation, and Hadiza Bala Usman, the suspended managing director of the Nigerian Ports Authority (NPA), has taken a turn, with the minister apparently

0 comment Read Full Article

DMO to auction N150bn FGN bonds in May

    DMO to auction N150bn FGN bonds in May

The Debt Management Office (DMO) has announced the offer of three federal government bonds valued at N50 billion each for subscription by auction in May. This is contained in a

0 comment Read Full Article

Transport ministry: Why Amaechi opposed award of $1.5bn channel management contracts

    Transport ministry: Why Amaechi opposed award of $1.5bn channel management contracts

The ministry of transportation says it objected to the award of channel management contracts by the Nigerian Ports Authority (NPA) because it is more cost-effective to procure necessary equipment and

0 comment Read Full Article

UK asks FG to remove tariff on solar power equipment

    UK asks FG to remove tariff on solar power equipment

The United Kingdom has asked the federal government to consider the issuance of tariffs and customs duty exemption on solar-powered equipment to accelerate Nigeria’s energy access and low carbon energy

0 comment Read Full Article

AfDB to invest $3bn in Africa’s pharmaceutical industry

    AfDB to invest $3bn in Africa’s pharmaceutical industry

The African Development Bank (AfDB) says over the next ten years, it will invest $3 billion to build Africa’s pharmaceutical

0 comment Read Full Article

RETURN OF PYRAMIDS: How a controversial policy helped Nigeria become Africa’s largest rice producer

    RETURN OF PYRAMIDS: How a controversial policy helped Nigeria become Africa’s largest rice producer

Under sweltering conditions in Birnin Kebbi, Kebbi state capital, President Muhammadu Buhari on November 17, 2015, launched the Anchor Borrowers’

0 comment Read Full Article

Agusto: Diaspora remittances will increase 5% to $22bn in 2021

    Agusto: Diaspora remittances will increase 5% to $22bn in 2021

Agusto Consulting Limited, a credit rating agency, says diaspora remittances to Nigeria will increase by five percent to $22 billion

0 comment Read Full Article

Nigeria wealth fund mulls Sukuk bond to fund road projects

    Nigeria wealth fund mulls Sukuk bond to fund road projects

Nigeria Sovereign Investment Authority (NSIA), the agency saddled with the mandate of managing the country’s sovereign wealth fund, says it

0 comment Read Full Article

NSIA: Forex gains, investments in foreign capital markets bolstered income in 2020

    NSIA: Forex gains, investments in foreign capital markets bolstered income in 2020

Nigeria Sovereign Investment Authority (NSIA), the agency saddled with the mandate of managing the country’s sovereign wealth fund, says it

0 comment Read Full Article

Elon Musk’s SpaceX plans to launch satellite internet service in Nigeria

    Elon Musk’s SpaceX plans to launch satellite internet service in Nigeria

SpaceX, an American aerospace manufacturer, is in talks with the Nigerian Communications Commission (NCC) to secure licences needed to launch

0 comment Read Full Article
error: Content is protected from copying.