Business

The Nigerian Stock Exchange (NSE) said that it has signed a Memorandum of Understanding (MoU) with RecyclePoints Limited for the collection and recycling of waste materials generated at The Exchange’s offices. This initiative is also a demonstration of the Exchange’s effort to ‘End Plastic Pollution’, which is the theme of this year’s Earth Day, celebrated globally on April 22, every …

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…External Reserves Hit $47.93bn  …$322m Abacha funds earmark for Social Safety Nets Nigeria’s Minister of Finance, Mrs. Kemi Adeosun and the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, affirmed on Sunday that the country’s positive growth outlook would be sustained. The Minister and the CBN Governor gave this assurance at a joint press briefing at the end …

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The duo of Miss Oladunni Akisanmi and Master Agwu Victory James, have bagged the second edition of the annual university scholarship award of the education endowment fund, of the Hope for Women in Nigeria Initiative (HOFOWEM), pet project of Mrs. Bolanle Ambode, wife of the governor of Lagos State. Presenting the scholarship at the HOFOWEM office, Oregun, Mrs. Ambode commended …

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Photo Caption: From Left; Minister for Finance, Mrs. Kemi Adeosun (left) receiving the Chief Executive, Crown Agents, Fergus Drake; Events and Meetings Consultant, Jacqueline Romoff and Partnership Manager, Duncan Hart, during a meeting between Nigeria and Officials of the British Firm on the sideline of the 2018 IMF-World Bank Spring Meetings in Washington D.C, on Thursday, 19th April, 2018 

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—Vendors Need About N7bn Funding Amidst Regulatory Void Tayo Olanipekun Solar and hybrid electricity will provide the country with about 24 megawatts of power through off grid and mini grid this year, it has been revealed through the USAID/Power Africa-funded Renewable Energy and Energy Efficiency Project (REEEP). This is in addition to the roughly nine megawatts hours of electricity supplied …

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…Inaugurates Committee To Attracts More Listing … Extends Forbearance For Multiple Subscription To September The Acting Director General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, has reiterated the commitment of the commission to further deepen the capital market and ensure investors’ confidence is sustained in the face of growing economic challenges in the domestic economy. She said …

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MTN Group and Ecobank Transnational Incorporated have come together to provide mobile financial services across the various African countries where they currently operate. The partnership, which was announced on Tuesday in Lagos, would see MTN and Ecobank work together in delivering a distinct customer experience by providing value-added mobile financial products and services. The latest development would allow Ecobank and …

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The naira is expected to remain stable against the United States dollar in coming weeks as the Central Bank of Nigeria continues to intervene in the foreign exchange market. The CBN on Wednesday injected $210m into the foreign market, about a week after it injected $200m into the market. Analysts and forex traders said the naira would likely remain stable …

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Ecobank Transnational Incorporated (ETI) and its two affiliate countries Nigeria and Ghana have emerged winners in three strategic categories of The Asian Banker – West Africa Awards 2018. The annual awards saw ETI emerging the Best Financial Inclusion Initiative, Application or Programme with its innovative Xpress Account, while Ecobank Nigeria carted away Best Transaction Bank in Nigeria, West Africa award …

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A two party consortium consisting of Oando PLC (“Oando”), in conjunction with its midstream affiliate, Axxela Limited (“Axxela”) (formerly known as Oando Gas & Power) and Oilsery Limited, has been awarded the Engineering, Procurement, Construction (EPC) mandate for the Ajaokuta – Abuja portion (Lot 1) of the Ajaokuta-Kaduna-Kano Pipeline system (the “AKK Pipeline”) by the Nigerian National Petroleum Corporation (“NNPC”). …

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