Africa Capitalworks Makes Equity Investment In Dorman Long Engineering Limited
Africa Capitalworks (“ACW”), a Sub-Saharan Africa-focused private equity company, announces a significant equity investment in Dorman Long Engineering Limited (“DLE”)…
Category: Local
Nigeria: “5G Pose No Risk To The Quality Of Human Life“ Says Experts
Experts in the Information, Communications and Technology sector have backed the Federal Government on its plan to deploy the Fifth…
Nigerian Agricultural Insurance Corporation In Talk With Central Bank Of Nigeria And Other Stakeholders On The Need For Perfect Data For Farmers
The Nigerian Agricultural Insurance Corporation has said it is discussing with the Central Bank of Nigeria and other stakeholders on…
Effort To Sell Forex To Legitimate Travelers Is Been Inundated With Fake Demands – CBN
Eight weeks after the Central Bank of Nigeria stopped selling forex to Bureau De Change operators and asked legitimate travellers…
Oil Depreciate As Storm-Hit U.S. Supply flow Back Into Market
Oil prices fell on Friday as energy companies in the U.S. Gulf of Mexico restarted production after back-to-back hurricanes in…
Nigeria: Central Bank Talks Tough, No Reversal Of BDC Forex Ban
The Central Bank of Nigeria says it will not reverse its decision to ban the sales of foreign exchange to Bureaux De Change (BDCs)…
Central Bank Of Nigeria Monetary Policy Meeting Outcome
The Monetary Policy Committee of the Central Bank of Nigeria (CBN), rose from its 138th meeting on Friday, with a…
Nigeria: Lagos State Inland Revenue Service Is Ready For Value Added Tax Collection
The Lagos State Inland Revenue Service has said it is ready for Value Added Tax collection. It disclosed this in…
Global Citizen Gets FGN and Access Bank Backing
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, and Access Bank Plc have backed Global Citizen’s moves…
Nigeria’s VAT Conundrum: What States Generated And Received In The Last 8 Months
As the Value Added Tax (VAT) war rages, Saturday Vanguard obtained details of collections made by each state and what…
Central Bank Of Nigeria’s Governor Threatens ‘Aboki FX’ For Crisis In The Foreign Exchange Market
The Central Bank Governor, Godwin Emefiele, said the bank would shut down the operations of Aboki FX an online foreign exchange…
“Most Competitive In The World” Elon Musk Lauded Chinese Automakers
Tesla CEO Elon Musk lauded Chinese automakers Friday, calling them the “most competitive in the world,” during a pre-recorded question-and-answer stream…
Delta State Government To Partner Manufacturers Association of Nigeria (MAN) For Youth Empowerment
Delta State Government yesterday, expressed readiness to partner Manufacturers Association of Nigeria (MAN) to empower youths in the state with…
Naira Depreciate Further, Exchange At N570 To $1 In Black Market
The naira continued its downward trend after exchanging to the dollar for 570 on Thursday. A week earlier, the naira…
Nigeria: ‘W’ Initiative Partners With SME.NG
The W Initiative, a brand dedicated to inspiring, connecting, and empowering women in all categories, has partnered with SME.NG to…
Nigeria Quickteller Paypoint Recruits New Agents To Provide Financial Services
Quickteller Paypoint, a service under Interswitch Financial Inclusion Services (IFIS), has continued to live up to its commitment to empowering…
Lafarge Nigeria Makes 8.3% In Revenue Growth – 2020
Lafarge Africa Plc has said it recorded a sales revenue of N230.6bn in 2020. This shows 8.3 per cent revenue…
No Plan To Convert Domiciliary Account To Naira- Central Bank Of Nigeria
The Central Bank of Nigeria (CBN) has again dispelled speculations that it was planning to convert the foreign exchange (FX)…
World Bank Battles Data Irregularities On 2018 And 2020 Doing Business Report
The World Bank Group announced on Thursday that it was discontinuing the ‘Doing Business report’ after data regularities were discovered…
Nigeria Back In The International Capital Market With A Plan To Raise At Least $3bn From Eurobond Issuance
The Debt Management Office has disclosed that Nigeria is back in the International Capital Market after about three years with…
Nigeria: Department of Petroleum Resources Set Additional Revenue Target Of N5 Trillion
At a period when most Ministries Departments and Agencies(MDAs) are struggling to met their 2021 revenue budget, the Department of…
Nigeria: Lagos Chamber of Commerce and Industry Demand For Adjustment Of Sharing Formula Of Taxes
The Lagos Chamber of Commerce and Industry (LCCI) has advised that the current sharing formula of taxes for states and local…
Debt Management Office Disclose Nigeria’s Public Debt
The Debt Management Office (DMO) has disclosed that Nigeria’s public debt, comprising domestic and external obligations of the Federal Government,…
Nigeria: Dollar Scarcity Thwart Sale Of Shell Petroleum Asset
The Chief Executive Officer of the Guaranty Trust Holding Company Plc, Mr Segun Agbaje, has said that Nigerian lenders likely…
Nigeria: Composite Food Inflation Rise By 20.30%
The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per cent in August…
Federal Government Of Nigeria In Partnership With Konga
The Minister of Youth and Sports Development Sunday Dare during the signing of a landmark partnership between Konga and the…
Oil Palm Startup In Nigeria Raises $4 Million To Build A “Smart” Factory
Besides being a key ingredient for cooking jollof rice, vegetable oil is used industrially in paints, soaps, biofuels, and lubricants.…
Bureaus De Change Operator’s And $34billion Diaspora Remittances
The CBN should institute a framework that allows BDCs, which have automated their operations, to receive the estimated $34 billion…
Nigerian Minister Advocates Capital Punishment For Unlawful Miners
The Minister of State for Solid Minerals, Mines, Steel Development, and Metallurgy, Dr. Uche Ogah has called on the National…
Central Bank Of Nigeria Set To Launch Infrastructure Fund ‘Infracorp’ In October.
The Central Bank of Nigeria announced that InfraCorp Plc, the N15trn Infrastructure Fund which will boost funding for capital projects,…