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Nigeria gets $10 million from AfDB to finance energy infrastructure

Nigeria’s infrastructure development has received further boost with the approval of $10 million by the Board of Directors of the African Development Bank Group in the Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF).

Capital market operators caution federal government on infrastructure financing

Stakeholders in the Nigerian capital market have urged the federal government to concentrate more on policies that would improve living standards of the people.

SEC tasks MTN Group on filing of IPO application for NSE listing

The Securities and Exchange Commission (SEC), on Friday tasked MTN Group on official filing of Initial Public Offering (IPO) which gathered media momentum in the last couple of months.

SEC: MTN Nigeria yet to file IPO application

MTN Nigeria is yet to file its application for an initial public offering (IPO), Nigeria’s securities regulator said on Sunday, a much-anticipated share listing that could value the business at around $5 billion and help revitalise the local stock market.

MTN Nigeria’s IPO to commence in August

MTN Nigeria’s bid to be listed on the Nigerian stock exchange has been approved to go ahead after weeks of delay by Nigeria’s Securities and Exchange Commission (SEC).

MTN: No specific date for Nigeria’s initial public offering

MTN Group said there is no specific date for its initial public offering yet as it is still perfecting details of the proposed listing.

MTN to pick more banks to work on planned Nigerian IPO

MTN Group Ltd. has appointed more banks for the sale of shares in its Nigerian unit on the stock exchange in Lagos as it looks to start an initial public offering in June or July, according to people familiar with the matter.

NSIA commits to invest in Nigeria infrastructure debt fund

The Nigeria Sovereign Investment Authority, NSIA, on Wednesday announced that it will invest in the Nigeria Infrastructure Debt Fund, NIDF.

Federal govt to issue bonds to finance projects

Ms. Patience Oniha, the Director-General, Debt Management Office (DMO), says the Federal Government is planning to issue N10.6 billion green bonds to finance renewable energy projects to protect the environment.

Federal govt set to issue debut green bond in domestic market

The Debt Management Office (DMO) has announced that as part of the preparations towards the issuance of the first Sovereign Green Bond, it would sensitise prospective investors in the Bond through a Roadshow in Abuja and Lagos on December 14 and 15, 2017.

Lagos closes N85.14bn Series 2 Bond Issuance programme

Lagos State Government on Monday announced the closure of the N85, 140,000,000 Series 2 Bond Issuance geared towards improving the physical and social infrastructure in the State.

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Abdulrazaq Abdulrahman

Abdulrahman Abdulrazaq: Kwara by-election result foretells brighter days ahead

Governorship candidate of the All Progressives Congress (APC) in Kwara State, Alhaji Abdulrahman Abdulrazaq, has said that victory of the party’s candidate for House of Representatives for Isin/Oke Ero/Ekiti/Irepodun federal constituency, Alhaji Tunji Olawuyi, foretells brighter days ahead in the state.

Buruji Kashamu replaces Adeleke Shittu as Ogun PDP governorship candidate

The Senator representing Ogun East Senatorial District at the National Assembly, Buruji Kashamu, has replaced Adeleke Shittu as the governorship candidate of the Peoples Democratic Party (PDP) ahead of next year’s elections in the state.
The National Union of Textile Garment and Tailoring Workers of Nigeria held a peaceful protest in Lagos on Tuesday to mark the 40th anniversary of the organisation.

NLC: Vote out governors against new national minimum

The Nigeria Labour Congress (NLC) has urged electorate in the country to vote out en masse any governor that does not approve of the new agitated national minimum wage of N30, 000 monthly.

NFF thanks Aiteo after Super Eagles’ AFCON qualification

The Nigerian Football Federation (NFF) has lauded Aiteo Group, for the role the energy company played in redefining football in Nigeria and creating the enabling factors which have led to the qualification of the Super Eagles for the 2019 African Cup of Nations after two previous failed attempts.

NAQS: Sniper in beans, a weapon of mass destruction

The Nigeria Agricultural Quarantine Service, NAQS, has warned dealers in beans to desist from using “Sniper” to store the produce as the chemical is too toxic for human consumption.