.Chairman, Heirs Holdings Group, Mr. Tony Elumelu and President of African Export-Import Bank(Afreximbank), Dr. Benedict Oramah, during the signing of $600 million Facility Deal between Afreximbank and Heirs Holdings Group to scale Heirs Holding’s Energy Investments in Africa…….. in Cairo, Egypt on Tuesday
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.
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.
Minister of Budget and National Planning, Udoma Udoma.
***As FEC okays $2.9m for maritime security contract
SUNDAY ODE, ABUJA
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.
Chief Executive Officer of the Bank, Mr. Nnamdi Okonkwo.
In a bid to put smiles on the faces of its numerous customers, Fidelity Bank Plc has so far given out a total of N34million under the Get Alert In Millions (GAIM) Savings promo season 3.
Dr-Kayode-Fayemi, Governor, Ekiti State
JOHNSON OJO, Ado Ekiti
Ekiti State Governor Kayode Fayemi has lifted the embargo placed on some banks by the immediate past administration.
As the 2018 financial year is gradually coming to an end, Association of Micro Entrepreneurs of Nigeria (AMEN) has stressed the need for government policies that will support the growth and existence of small businesses in Nigeria.
FCT Minister Bello
FAVOUR SHUAIB, Abuja
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.
L-R: Danladi Inuwa, Group General Manager, Information Technology Department, NNPC; Tega Agofure, Head, Projects, Globacom; Alhaji Bello Rabiu, Chief Operating Officer, Upstream, NNPC; Sarafa Kolawole, Regional Head, SME, North Central, Abuja Zone, Globacom; Alhaji Isa Inuwa, Chief Operating Officer, Corporate Services, NNPC; and Olayiwola Akinwunmi, Acting Zonal Head, Abuja Zone, Globacom at the Globacom Exhibition stand at the NNPC CS-Connect Exhibition organized by NNPC to showcase partners who collaborated on the intelligent information system on Tuesday.
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.
The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman .
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.
COMFORT EKELEME, Asst. Business Editor
The Federal Government has flagged off social welfare initiatives code-named ‘Trader Moni’ in partnership with Jigawa State government and Unity Bank Plc with the initial sum of N300 million.