The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at ₦1,000 per unit. According to a statement by the DMO on Monday in Abuja, the first offer is a two-year FGN savings bond due on August 21, 2026, at an interest rate …
Read More »Nestle Offers Automatic Employment to 10 Graduate Trainees, Invest Over N6bn to Bridge Technical Skills Gap
Nestle Nigeria Plc has offered ten graduates of the Nestle Technical Training Centre (NTTC) full employment. The Managing Director of Nestle Nigeria Plc, Mr. Wassim Elhusseini announced the job offer at the graduation ceremony of the 10 graduate trainees of NTTC, which attracted representatives of the Ogun State Government, Manufacturers …
Read More »NCC to Showcase Indigenous Telecom Achievements at NTICE 2023 Expo
The Nigerian Communications Commission (NCC) is set to showcase achievements so far recorded in the promotion of indigenous content in the telecommunications sector at the second edition of the Nigerian Telecommunications Indigenous Content Expo (NTICE 2023), which holds in Lagos from August 22-24, 2023, at Landmark Centre, Victoria Island, Lagos. …
Read More »Tinubu Makes Case for Nigeria’s Economy to Attract Investors
President Bola Tinubu says Nigeria is now ready for global business as ongoing reforms will be sustained for a more competitive economy that attracts foreign direct investment (FDI). Tinubu spoke on Thursday, in separate meetings on the sidelines of the New Global Financial Pact Summit in France’s Palais Brongniart. According …
Read More »Access Holdings Stake in E-tranzact Rises to 37.56%
Access Holdings has acquired more shares of fintech E-tranzact, bringing its total investments in the company to N12.1 billion. The bank now owns 3.45 billion units of shares of E-tranzact as it increased its stake to 37.56% as of December 2022. Banking Group, Access Holdings, has increased its investments in …
Read More »Nigeria Tech Ecosystem: DG NITDA Woos International Investors in Germany
The Director General, National Information Technology Development Agency, Kashifu Inuwa has called on a group of international investors in Germany to invest in the Nigeria tech ecosystem because doing so is valued and comes with many rewards. Speaking on the topic, “The Evolution of the Nigeria Tech Ecosystem” which was …
Read More »Five Tips to Help Young Nigerians Start their Investment Journey
According to statistics, Gen Z, the demographic group succeeding Millennials, is the most prevalent in Nigeria. One in every four Nigerian belongs to the Gen Z group and they tend to be more financially sophisticated than previous generations were at their age. This might be as a result of growing …
Read More »FG Plans N3.53 Trillion Investment To Tackle 17 Million Housing Deficit
The Federal Government is planning fresh investment of N3.53trn in the Nigerian housing sector to reduce the deficit in the country which is estimated at about 17 million houses. The investments, to be made within the next four years is part of the strategies of government to boost housing delivery …
Read More »Stanbic IBTC Infrastructure Fund Invests in 20,000MT LPG Storage Facility
Stanbic IBTC Infrastructure Fund is delighted to announce its investment in the construction of a 20,000 metric tonne Liquified Petroleum Gas (LPG) storage terminal, the largest storage gas facility in Nigeria. The funding was provided to AP LPG Limited (a subsidiary of Ardova Plc) under a N12 billion senior debt …
Read More »CBN Promises Forex to Foreign Investors Seeking to Repatriate Investments
The Central Bank of Nigeria has said that it will give priority to foreign investors seeking to repatriate their profits and dividends. The CBN Governor, Godwin Emefiele, said this on Wednesday at the Nigerian International Partnership Forum in Paris. The apex bank in a bid to boost foreign reserves has …
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