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FG Plans More Sukuk Bonds To Fund Projects

FG Plans More Sukuk Bonds To Fund Projects       The Federal Government plans to upscale its alternative financing programme by issuing more Sukuk bonds to fund projects, building on the back of huge successes recorded on previous issuances. It had raised N362.6 billion in three previous issuances...

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...

Int’l Non interest Finance Confederation Appoints Nigerians as President, Director General

Int’l Non interest Finance Confederation Appoints Nigerians as President, Director General     Non Interest International financial Professionals confederation operating from Dakar, Senegal with operational offices in about 8 West Africa Countries has appointed two Nigerians financial guru, Prof Kabir Isa Dandago and Prof Asiwaju Busari S...

Online Food Market Projected To Hit $142m By Year End

Online Food Market Projected To Hit $142m By Year End         Nigeria is ahead of African countries like Kenya, Uganda, Senegal, Ghana and others in online orders for food and grocery, according to Jumia Food Index 2020 report released at the weekend. The report stated that the...

AfDB Approves $25bn For Agric Development In Nigeria, 4 Other African Countries

AfDB Approves $25bn For Agric Development In Nigeria, 4 Other African Countries         The African Development Bank Group (AfDB) has approved the investment of $25 billion to develop agriculture in Nigeria and four other African countries. President, AfDB, Dr. Akinwumi Adesina, disclosed this at a virtual conference...

Nigeria Could Face $20bn Loss In Export Revenue – Report

Nigeria Could Face $20bn Loss In Export Revenue - Report         Nigeria and four other oil producers on the continent could each be facing $20billion or more in lost export revenue this year as global oil demand is estimated never to exceed 2019 levels, with energy...