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Govts, Companies Raise N4.6trn From Capital Market In Five Months

Govts, Companies Raise N4.6trn From Capital Market In Five Months       Nigerian governments and companies have raised some N4.6 trillion in new capital from the capital market so far this year, already more than 100 per cent above the total capital raising recorded for the whole...

International Children’s Day: MAMA Centre Raises Concerns Over Children out-of-school, Malnutrition, WASH

International Children’s Day: MAMA Centre Raises Concerns Over Children out-of-school, Malnutrition, WASH       The Mothers And Marginalised Advocacy Centre (MAMA Centre) commemorates the 2021 International Children's Day with the theme "Unite to reverse the impact of COVID-19 pandemic on children". We on this memorable Day, appreciate the...

Sugar Backward Integration’ll Save Nigeria $700m Annually – Dangote

Sugar Backward Integration’ll Save Nigeria $700m Annually – Dangote       Dangote Sugar Refinery Plc has said Nigeria will save up to $700m of foreign exchange yearly from sugar production self-sufficiency if the government faithfully follows through the backward integration policy in the sugar industry. The Chairman of...

NDIC Board Commended for Consistent Remittance to Consolidated Revenue Fund

NDIC Board Commended for Consistent Remittance to Consolidated Revenue Fund The Nigeria Deposit Insurance Corporation (NDIC), has been commended for her consistent remittance to the Consolidated Revenue Fund, (CRF) which will no doubt, boost the revenue profile of the nation. The Minister of Finance, Budget and...

Dangote Cement Pays N273bn Dividend

Dangote Cement Pays N273bn Dividend       Shareholders of Dangote Cement Plc yesterday commended the management of the company for an impressive performance despite the economic challenges in the immediate past business year. The shareholders approved N272.6 billion as dividend, translating to N16 per share for the year...

N97.5bn Healthcare Intervention Funds Disbursed – CBN

N97.5bn Healthcare Intervention Funds Disbursed - CBN       The Central Bank of Nigeria says it has disbursed N97.4bn out of the N100bn credit intervention for the healthcare industry. The CBN disclosed this in the communique issued after the Monetary Policy Committee meeting on Tuesday. It said the intervention...