Lagos Free Zone Issues N17.5bn 20-year Bond
The Lagos Free Zone Company has announced the issuance of N17.5bn 20-year corporate infrastructure bond which is the third issuance under an upsized N61bn bond issuance programme.
In a statement issued on Thursday, the LFZ stated that the Series...
FG Approves N24.2bn For Free Internet Facilities in Airports, Others
The Federal Executive Council has approved N24.2 billion for the provision of internet facilities at 20 airports, institutions of learning, and markets across Nigeria.
The Minister of Communications and Digital Economy, Isa Pantami, disclosed this when...
FG Gains N3.9trn from Port Concession
The Federal Government has saved about US$8.5 billion (N3.91 trillion) in its port concession programme which was previously paid to foreign shipping lines as congestion surcharge.
The Chairman, Seaports Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, disclosed this while...
Subsidy Removal: Oil Marketers Urges FG to Provide FX at Official Rate
Stakeholders in the downstream sector have called on the Federal Government to provide foreign exchange at the Central Bank of Nigeria’s rate to enable petroleum importation.
The appeal was made during a virtual online...
Naira Crisis: Farmers Lose N30bn, Resort to Trade by Barter - AFARN
The All Farmers Association of Nigeria has disclosed that Many farmers, particularly those in remote villages, switched to trade by barter in order to feed, following the cash crunch caused by the naira...
Power: Govt, Investors to Build 1,000 mini-grids Nationwide
The Federal Government in partnership with private sector investors, commenced moves to deploy 1,000 mini-grids to electrify rural communities across the country.
Deployment of mini-grids in rural areas is managed by the Federal Government’s Rural Electrification Agency, as...
