Commuters blast contractors over federal roads in S-East
By Dennis Agbo ABAKALIKI—USERS of different Federal Government roads in the South East geo-political zone, have cried out over the poor handling of roads by the contractors awarded the roads in the area. Meanwhile, the road users have called on the Federal Ministry of Works to monitor the execution of the contracts, to achieve value […]
Afren completes Ebok-6 appraisal, exceeds pre-drill expectations
AFREN has successful ly completed the Ebok-6 appraisal well at the Ebok development offshore Nigeria, exceeding pre-drill expectations.
Intervention Fund to provide short-term financial support to MFBs
Former Lagos State chairman of the defunct National Association of Microfinance Banks of Nigeria, NAMFBIN, Chief Olutayo Adenekan, has said that the establishment of the Intervention Fund by the State Chapter is to meet the need for short term financial support by microfinance banks, MFBs.
Standard Bank, FirstRand examine Nigerian bank bids
South Africa’s FirstRand Ltd. and Standard Bank Group Ltd. have both registered with the Central Bank of Nigeria, CBN, to investigate buying distressed lenders in the West African country.
PSAN tasks capital market regulators to improve on surveillance, monitoring
PROGRESSIVE Shareholders Association of Nigeria (PSAN) has called on regulators in the Nigerian capital market to improve on surveillance and monitoring of operators’ activities.
Investors stake 400bn in OTC market
INVESTORS’ interest in Federal Government Bonds heightened last week, as they staked N399.49 billion in the Over-the-Counter (OTC) Bond market, representing an improvement of 295.1 per cent from N101.11 billion invested in the sector in the previous week.
