Recently, Nigeria floated its first Eurobond with a $500 million offering to international investors. Contrary to initial fears and concerns about the prospect of the bond vis-à-vis declining external reserves of the nation and the build-up to the up-coming general elections, the bond was significantly oversubscribed.

Nigeria’s economic managers are fond of reeling out economic indices and informing the country that the economy is doing well. Very often, they adjudge the economy as doing well with economic growth rate.

The Bankers’ Committee and the Cross River State Government (CRSG) has commenced discussion on partnership to finance key infratrusture needs of the state, estimated to cost $833.3 million (N124.995 billion)

NATIONAL Pension Commission, PENCOM, has issued a March 31 deadline to employers that are yet to submit copies of employees’ Life Insurance Certificates for the current year to the Commission and Employees’ Pension Fund Administrators, PFAs, to do so to avoid its attendant repercussions.

Investors in the Nigerian stock market , last week lost a total of N189 .5 billion or 2.17 per cent from their investment as the market capitalisation declined from N8.743 trillion recorded penultimate week to close N8.554 trillion.

Shareholders and stockbrokers bared their minds on the recent purchase of bad loans of rescued banks by Assets Management Company of Nigeria (AMCON).

In a July 2008 interview, the prominent Vangurd newspaper had a candid question for a senior office-bearer of the Manufacuturers Association of Nigeria – are “our young graduates… not employable anymore?” The answer is a shocking indictment of the state of Nigerian education: “You cannot talk to a graduate and be convinced that he is one.”

Bristow Helicopters Nigeria, is one of the world’s largest providers of helicopter services. The first civil helicopter company to work in the oil and gas industry, Bristow has earned an international reputation for speed of response and quality of service. In this chat with Aviation journalists recently, the Managing Director of the company, Capt Akin Oni, speaks on the safety conference being put together this week.

The Nigeria Customs Service (NCS), Ogun State Command, has raked in over N2.3billion revenue in its operations last year as against N2.1billion realised in 2009.

MasterCard Worldwide said that its decision to partner with Interswtch Nigera PLC to introduce the MasterCard Verve debit card was due to the strategic importance of Nigeria to its operations and the long standing relationship with Interswitch.

After the compulsory one year national youth service in the Works Dept. of one of the local government councils in old Bauchi State, Mr. Chris Ezeoguine began his search for a job after his hope of being retained by the local council was dashed. He went back to Lagos but could not get a job as there was temporary embargo on employment by government at that time.

Global fish consumptionis on the rise as people increasingly look for healthy and nutritious food.

An innovative tractor lease financing scheme, designed to help private operators own tractors and increase farmers’ access to tractor services, has been launched in Nigeria. The scheme is being implemented by a leading financial institution, First Bank of Nigeria Plc, in partnership with Springfield Agro Ltd – the representative of the Mahindra tractor brand in Nigeria – and the Tractor Owners and Operators Association of Nigeria (TOOAN) – a group representing small-scale tractor service operators.

Federal Mortgage Bank of Nigeria (FMBN) is considering using Primary Mortgage Institutions (PMIs) as collection centres for the National Housing Fund (NHF) scheme, a departure from the current policy that makes FMBN the sole collector of the fund.

Lagos State Government and the Federal Housing Authority (FHA) have set up a joint committee to work out an amicable settlement of a dispute between them over sites acquired in the state for the suspended National Housing Programme (NHP).