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FG to issue second Green Bond to finance 2018 budget

FG to issue second Green Bond to finance 2018 budget

The Debt Management Office (DMO) on Friday said the Federal Government would issue another Green Bond to finance capital projects in the 2018 budget before end of the year. Ms Patience Oniha, DMO Director-General, stated this at the listing ceremony of the pioneer FGN N10.69 billion Green Bond at the FMDQ OTC Securities Exchange inRead More
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CBN begins forex trading in Chinese currency

CBN begins forex trading in Chinese currency

The Central Bank of Nigeria (CBN) on Friday kicked off its intervention in the sale of foreign exchange (forex) in Chinese Yuan (CNY). The exercise marked the consummation of the Bilateral Currency Swap Agreement (BCSA) the CBN signed with the People’s Bank of China (PBoC) in April 27. A statement issued by the CBN disclosedRead More
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Nigeria-China currency swap deal: CBN begins Chinese Yuan sales

Nigeria-China currency swap deal: CBN begins Chinese Yuan sales

The Central Bank of Nigeria (CBN) on Friday launched the sale of foreign exchange in Chinese Yuan (CNY) signalling the consummation of the Nigeria-China Currency Swap Agreement. The CBN acting Director,  Corporate Communications, Mr Isaac Okorafor, said that the sale would be done through a combination of Spot and Short Tenored Forwards. Okorafor added that theRead More
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Dangote seeks FG’s action against smuggling through Benin borders

Dangote seeks FG’s action against smuggling through Benin borders

BUA to export 700,000 metric tons of cement annually President of Dangote group, Aliko Dangote on Friday urged the Federal Government to intensify actions against dumping of goods on Nigeria smuggled through the Republic of Benin. He spoke with State House correspondents after attending the Industrial Policy and Competiveness Advisory Council chaired by Vice PresidentRead More
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International institutes certify SON training centre

International institutes certify SON training centre

The Chartered Quality Institute (CQI) and the International Register of Certified Auditors (IRCA) have certified Standards Organisation of Nigeria Training Services (STS) Centre as an Approved Training Partner (ATP). Mr Osita Aboloma,the Director-General, Standards Organisation of Nigeria (SON), said this in a statement in Abuja on Friday. Aboloma said that the centre is the firstRead More
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Infinix Mobility: Why we launched duo Smart 2, Smart 2 Pro

Infinix Mobility: Why we launched duo Smart 2, Smart 2 Pro

Leading smartphone maker, Infinix Mobility, said in adherence to its well-outlined objective to constantly deliver quality products to its young, tech savvy consumers, it has added to the Smart series: Smart 2 and Smart 2 Pro. Infinix Mobility has long been reckoned as a smartphone brand that does not compromise on its remarkable tech-focused, boldRead More
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Australia Alumni Association trains members on Project Management

Australia Alumni Association trains members on Project Management

The Australia Alumni Association of Nigeria in Abuja on Thursday organized a Continuous Professional Development (CPD) program to build professional capacities and re-enforce the understanding of Project Management and Strategic Planning principles that would help its members excel in their various professional field. According to Dr Bridget Momoh, President of the association, “today we areRead More
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Ecobank Nigeria gets new MD

Ecobank Nigeria gets new MD

Ecobank Nigeria Limited on Thursday announced the appointment of Mr. Patrick Akinwuntan as the Managing Director designate of the bank. The bank said in a statement that Akinwuntan would replace the outgoing Managing Director, Mr. Charles Kie, whose exit date would be announced later. Prior to his appointment, Akinwuntan was the Group Executive Director, ConsumerRead More
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EDMARK holds first-ever cashless exhibition in Lagos

EDMARK holds first-ever cashless exhibition in Lagos

…to Promote Entrepreneurship in Nigeria with Two Million Dollar …unveil Mobile Payment Application A Multinational Health Wellness and anti-obesity firm, EDMARK International Group of Company on Thursday held the first ever cashless product exhibition in Nigeria tagged “CASHLESS SHOPPING BAZZAR” aimed at promoting transparency, accountability, customers’ satisfaction, stress reduction and risk associated with physical movementRead More
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Senate probes Kachikwu over alleged oil/ gas sector deals

Senate probes Kachikwu over alleged oil/ gas sector deals

The Senate yesterday asked its Committee on Petroleum Resources (Upstream) to investigate alleged irregularities in the oil and gas sector lease renewal. The upper chamber said the lease renewal being undertaken by the Minister of State for Petroleum Resources, Mr. Emmanuel Ibe Kachikwu and the Department of Petroleum Resources (DPR), has led to massive lossRead More
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