Tag Archives: Business

Kemi Adeosun Photo

Nigeria Floats US$3bn Dual-Tranche Bond to Fund 2018 Budget

Hits: 783Following the presentation of the N8.6 trillion 2018 Budget to the the National Assembly two weeks ago, the Federal Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its US$4.5 billion Global Medium Term Note programme (increased from US$1.5 billion). The Ministry

Kemi Adeosun Photo

Nigeria Is Not An Oil Economy

Hits: 663    Descriptions of Nigeria’s economy often include such phrases as ‘Africa’s largest oil producer’ and ‘the oil rich African nation’ but oil economies are typically characterised by low population densities and abundant oil resources.  Saudi Arabia with 10 million barrels of oil per day and 30 million people, Kuwait with 2.7 million barrels

A Green Initiative For Nigeria

Hits: 582As a company, Green Nation, seeks to educate and enable Nigerians maximize the gains in the agriculture sector. Towards that end, the company organizes a weekly seminar in Ikeja, Lagos.  The initiative, which began in April, 2017 continues to gather momentum as more people join to learn modern trends in agriculture. To benefit, prospective members

Nigerian Breweries Rewards Journalists

Hits: 351It was a night of reward for Nigerian journalists who have distinguished themselves especially in  agriculture reporting, at the 9th edition of the Nigerian Breweries Golden Pen Award, an annual event organized by Nigerian Breweries Plc, NB Plc. The 2017 edition was held on Friday night at the Eko Hotel Lagos, and it was entitled:”Agriculture, Local Sourcing and Industrial

World Bank Photo

World Bank Meeting: Nigeria Wins Youth Development Initiative

Hits: 388    Nigeria has for the second successive year, been declared winner of the Ideas for Action initiative, a youth competition on financing for development, which is yearly organised by the World Bank Group in collaboration with the Zicklin Center for Business Ethics Research. Reports from Washington, venue of the annual meetings of World

Kemi Adeosun Photo

FG To Spend N100bn Sukuk Bond Proceeds On 25 Road Projects

Hits: 337 The Federal Government has released the proceeds of the N100 billion Sukuk bond to 25 key economic road projects of the Federal Ministry of Power, Works and Housing across the country. Finance Minister, Kemi Adeosun, on Thursday, handed over the N100 billion proceeds cheque to the Minister of Power, Works and Housing, Babatunde

Akinlola, Ntel new CEO, Photo

Ntel Appoints Ernest Akinlola New CEO

Hits: 202  After what appears to be a slow start, occasioned by downturn in the Nigerian economy, and its fallouts, the board of ntel, Nigeria’s first 4G/LTE-Advanced network, has announced the appointment of Ernest Akinlola, as new Managing Director/Chief Executive Officer.   “I am excited to be appointed MD/CEO of ntel, Nigeria’s pre-eminent 4G/LTE network.

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