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, […]
Dangote Refinery IPO: 10 things Nigerian investors must know before buying
₦2.15trn potential figure makes the transaction impossible to ignore. But for investors, the more important question will ultimately be
NRS Reform: Inside the drive to build a smarter, simpler tax system
Nigeria’s tax administration is entering a phase in which the quality of information available to the tax authority could become as important as the revenue collected.
PremiumTrust Bank gets dual credit rating upgrades
By Henry Obetta PremiumTrust Bank has received dual credit rating upgrades from Agusto& Co. and DataPro Limited, underscoring its financial strength, sound risk management and growth trajectory. Agusto upgraded the Bank’s long-term rating from BBB+ to A- and short-term rating from A2 to A1, while DataPro upgraded its long-term rating from A- to A and […]
DMO offers two savings bonds for September subscription
By Elizabeth Adegbesan The Federal Government through the Debt Management Office, DMO, has offered two savings bonds for September subscription. DMO made this announcement yesterday noting that the Savings bonds comprises a 2-Year FGN Savings Bond due Sept 16, 2028 at 14.12 percent per annum , and a 3-Year FGN Savings Bond due Sept 16, […]
NNPC disowns oil tanker found with 2,145kg of cannabis
By ObasEsiedesa, Abuja The Nigerian National Petroleum Company Limited (NNPCL) has disowned a truck bearing markings associated with the company after it was intercepted by the National Drug Law Enforcement Agency (NDLEA) with 2,145 kilogrammes of cannabis concealed in a compartment in Ondo State. NNPC Ltd, in a statement by its Chief Corporate Communications Officer, […]
