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Tuesday, April 20, 2021

FMDQ Admits TSL SPV ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond

FMDQ Securities Exchange Limited (“FMDQ Exchange), through its Board Listings, Markets and Technology Committee, has granted the approval for the Listing of the TSL SPV...

No Increase in Fuel Price in February – NNPC

In spite of the rise in the price of crude oil in the international market, the Nigerian National Petroleum Corporation (NNPC) has ruled out...

Amaechi, ACCI, Rail Professionals Seek Passage of Railway Reform Bills

Transportation Minister, Rotimi Amaechi, Abuja Chamber of Commerce and Industry and railway professionals have called for an urgent passage of various railway bills before...

Customs Generates N1.56tn Revenue In One Year

The Nigeria Customs Service on Wednesday said it generated N1.56tn in 2020. It said the amount generated was over the target of N1.38tn and...

How Peace Mass Transit Acquires 55.82% Shares of C&I Leasing

C&I Leasing Plc on Tuesday January 5, 2021, announced the purchase of 313,326,316 units of the Neoma Africa Fund L.L.C by Peace Mass Transit...

We Didn’t Grant Waiver To Shipping Firms – NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) has dismissed as false, allegations that it has been granting waivers to shipping firms. It also...

How IoT Technology Is Helping Oil & Gas Companies Save Billions Of Dollars –...

The business of extracting, storing, and transporting resources for oil and gas operations is riddled with challenges and exciting opportunities. Oil and gas companies...

Why Stakeholders Are Supporting NIRSAL’s Agric Commodity Transportation Initiative

Stakeholders have expressed support for the implementation of the Secured Agricultural Commodity Transport and Storage Corridor (SATS-C) which is an initiative of the Nigeria...

FG Says Airport Concession Will Go Ahead Despite Opposition

  Moves to concession Nigeria’s four major airports and the establishment of a national carrier are still on course and the results will materialise soon,...

Federal Government Grants Importers N342 Billion Waivers

The federal government of Nigeria said it granted N342bn waivers to importers in the last two years. Minister of Finance, Budget and National Planning, Zainab...

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Unity Bank Posts Assets Growth of 67.90% to N492.02 Billion … As Gross...

Unity Bank Plc grew its assets base to N492.02billion representing a significant increase of 67.90% from the N293.05 billion of total assets value recorded...

Ecobank Announces First 50 Beneficiaries Of Super Reward Scheme

The first set of beneficiaries of Ecobank Nigeria Super Reward scheme has emerged. 50 customers will receive N25, 000 each. The four-month Super Rewards scheme...

VFD Group N4.13Billion Proposed Right Issue Gets SEC Approval

Lagos-based proprietary investment company, VFD Group Plc, has received clearance from the Securities & Exchange Commission (SEC) for the proposed right issue of 7,452,054...