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Senegal, France to host GPE confab

Global Partnership for Education (GPE) and France will co-host its financing conference, which will take place on February 8, 2018 in Dakar, Senegal. The announcement of the co-hosting was made by Presidents MackySall of Senegal and Emmanuel Macron of France...

TSA: NUBIFIE appeals to FG to inject funds into financial system

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE) has appealed to the Federal Government to inject funds into the financial system. NUBIFIE President, Mr. Musa Danjuma, stated this in Lagos at the 7th Quadrennial Delegates Conference of...

Afreximbank introduces $300m equity offering to Nigerian investors

The African Export-Import Bank (Afreximbank) on Thursday in Lagos met with leading Nigerian investors to push for strong participation in the bank’s $300 million equity offering. The President of Afreximbank told the investors that the equity offering would be issued...

Miga Backs Seven Energy

The Multilateral Investment Guarantee Agency (Miga) has its first engagement in Nigeria’s gas sector. Miga is providing a guarantee of $200 million against the risk of expropriation to Accugas Ltd, a subsidiary of independent Nigerian oil and gas company...

Oando Defies Challenges, Builds Reserves To $1.8bn

With oil prices plummeting by nearly 60%, the domino effect of the global slump has seen Nigeria’s indigenous firms scale back on proposed Joint Ventures with IOCs, deeper cuts to capital spending, and higher lending local terms due to...

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Buhari’s achievements laudable in spite inheriting empty purse

The Minister of Information and Culture, Alhaji Lai Mohammed said President Muhammadu Buhari’s administration recorded laudable achievements, in spite of terrible economic downturn and...