Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
Largest Nordic bank Nordea bans employees’ bitcoin trade
Nordea, the Nordic region’s biggest bank, said Monday it would bar employees from trading in bitcoin and other cryptocurrencies as of February 28 due to the unregulated nature of the market.
Construction of Edo 5,500bpd Modular Refinery to Commence in 3 months – Obaseki
Edo State Governor, Mr Godwin Obaseki has said that the construction of the 5,500 barrels-per-day-(bpd)-capacity Edo Modular Refinery will commence in the next three months to create jobs, train youths and guarantee availability of petroleum products.
Pensioners are treated with dignity during verification — Onokpise
The Pension Transitional Arrangement Directorate, PTAD, recently commenced the first phase of verification exercise of defunct Nigerian Telecommunications Limited (NITEL) and its mobile subsidiary, MTEL. At the Ketu, Lagos centre, Leader of NITEL/MTEL Pensioners Union, Comrade Austin Onokpise told Vanguard that the decision by the federal government to start paying them pensions have brought relieve to them. Excerpts:
PTAD commences verification of 6000 NITEL/MTEL pensioners in Lagos
THE Pension Transitional Arrangement Directorate (PTAD) has commenced verification of about 6000 pensioners of Nigerian Telecommunications Limited, (NITEL) and its mobile subsidiary, MTEL in the Ketu centre of Lagos state.
Stock market makes history with N16.15tr capitalisation
THE total value of shares on the Nigeria Stock Exchange, NSE, rose to N16.15 trillion last week, the highest in the 57 years of the Exchange, with investors gaining N2.6 trillion in a three-week boom dominated curiously by lowly priced Tier-2 and Tier-3 banks.
