W/Bank mobilises $5.79bn private capital for Nigeria
By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
INTELS wins Nigerian Shippers’ Council CSR award
Nigeria’s oil and gas logistics giant, Intels Nigeria Limited, has been conferred with the award of the “Most Outstanding Terminal Operator in Corporate Social Responsibility” by the Nigerian Shippers’ Council (NSC), a Federal Government agency under the Federal Ministry of Transportation.
Illiquidity mars market makers operations in capital market — Operators
Operators in the capital market have identified liquidity constraints as a major factor that has hindered the operations of Market Makers after five years of its commencement on the Nigerian Stock Exchange, NSE.
NB appoints Borrut Bel as managing director
Nigerian Breweries, NB Plc, has announced the appointment of Mr. Jordi Borrut Bel as its Managing Director/Chief Executive Officer, even as it reorganises its management team. The appointment will take effect on January 22, 2018.
GTB bags EMEA awards
Guaranty Trust Bank Plc, GTB, has bagged the EMEA Finance awards as the “Best Bank in Nigeria” and the “Best Bank for CSR in Africa.” Its Managing Director and Chief Executive Officer, Segun Agbaje, also bagged the award for the CEO of the Year, which he won in 2013, thus becoming the first ever repeat winner in the history of the awards.
Egina project sets new local content records
THE local content initiative of the federal government appears to be yielding positive results as the Floating, Production, Storage and Offloading unit (FPSO) of Egina, a 330-meter long vessel designed to process oil and gas from the Egina field, is expected to berth at the quayside in Nigeria for integration of locally fabricated modules. This is a first for Nigeria.
