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Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC

Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC       More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission. The SEC data...

NAICOM, Transportation Ministry Synergise to Insure Transport Owners and Users

NAICOM, Transportation Ministry Synergise to Insure Transport Owners and Users The National Insurance Commission, NAICOM and the Federal Ministry of Transportation is to collaborate to ensure provision of adequate insurance for road transport owners and users within Nigeria and ECOWAS member countries. To this end, the...

NNPC Spokesman, Obateru, Bags NIPR Fellowship

NNPC Spokesman, Obateru, Bags NIPR Fellowship The Nigerian Institute of Public Relations, (NIPR) in Bauchi at its Annual General Meeting, conferred the prestigious Fellowship Award on Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation. Obateru, a self-driven and...

CISLAC Ask Questions Of Presidency Framework To Sort Debt Profile, by Ezekiel O. Kayode

CISLAC Ask Questions Of Presidency Framework To Sort Debt Profile, by Ezekiel O. Kayode     A concerned civil group, CISLAC, called on the Federal Government and the House on Wednesday to address the accountability crisis that has emerged from an unceasing procurement of loans. The Civil Society...

FG, Shell In Talks Over Sale Of Nigerian Oil Assets

FG, Shell In Talks Over Sale Of Nigerian Oil Assets       The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said the Federal Government is in talks with Shell over the planned sale of the company’s stakes in Nigeria’s onshore oil assets. The Nigerian oil...

NGX Declines Further By N301bn On Losses By Blue Chips

NGX Declines Further By N301bn On Losses By Blue Chips       Major blue chips posted price depreciation on the Nigerian Exchange (NGX) on Wednesday, forcing the market capitalisation to drop by N301 billion in one day. Specifically, the market capitalisation which opened at N20.339 trillion lost N301...