Tuesday, January 22, 2019
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As a further demonstration of the African Export-Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim today, signed financing facilities totalling US$600 million with the Heirs Holdings Group, a pan-African proprietary investment holding company.

Reps to BPE: Don’t sale Afam Power Plant as crap

Jonas Ezieke, Abuja

The House of Representatives yesterday urged the National Council on Privatization NPC and the Bureau of Public Enterprises BPE to immediately suspend its ongoing sale of Afam Power Plc on a fast track transaction basis and allow for repair of of the national asset in phases to enhance its value.

2019: FG allays investors’ fears

***As FEC okays $2.9m for maritime security contract


Following the disclosure by the Nigeria Bureau of Statistics (NBS) in its Capital Importation report for Q3’18 that foreign investment into Nigeria fell by 48 per cent, quarter-on-quarter, the third quarter of the year to $2.9 billion over political uncertainty and other issues, the federal government has assured that there is no cause to worry.


The Minister of the Federal Capital Territory, Malam Muhammad Musa Bello has pleaded with all Unions and professional associations to place a five-Year moratorium on strikes and all forms of industrial action as a patriotic sacrifice that would give the country a chance to lay strong foundations for economic development and nation building.

Nigerian National Petroleum Corporation (NNPC) on Tuesday commended the leading telecommunications company, Globacom, for successfully delivering its Intelligent Wide Area Network (iWAN) to support its operations across the country.

NPA, Total, others lead campaign AIDS control


In a bid to stem the tide of HIV/AIDS in Nigeria and to commemorate 2018 World Acquired Immune Deficiency Syndrome (AIDS) Day, the Nigerian Ports Authority (NPA), Nigerian National Petroleum Corporation (NNPC), Total Exploration and Production Nigeria Limited, Access Bank and the Nigerian Business Coalition Against AIDS (NiBUCAA) organized a community outreach in various parts of Lagos, charging residents in the state to know their status.

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