NGX Lists FGN Multi-Tranche $4Bn Eurobonds
Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government of Nigeria (FGN) $4,000,000,000 FGN Eurobonds on its platform today, Monday, 31 January 2022. The Eurobonds were issued in three tranches as follows: 6.125% FGN SEP 2028 worth…
Konga represents stretch factor in Nigerian e-commerce – Ibukun Awosika
Mrs. Ibukun Awosika, a serial entrepreneur and former Chairman, First Bank of Nigeria Plc., has hailed Konga, Nigeria’s leading composite e-commerce giant as a stretch factor that has taken on and surmounted huge challenges, while positively disrupting the face of…
Joy as NPA raps up 2021 with harvests of promotions
The Nigerian Ports Authority (NPA), Thursday, announced the appointment of some senior staff, 7 as General Managers and 10 as Assistant General Managers. This is in line with the Management’s commitment to employees’ motivation and service excellence. The new General…
Next Titan contestants explore merits of Heritage Bank’s Octiplus
Heritage Bank’s advanced all-in-one digital banking experience; Octiplus’ product benefits were explored by the Next Titan contestants for its ground breaking innovative solution, crafted to meet the demands of the ever-growing active banking populace. Presenting their tasks, themed, “Show Your…
American Blockchain PAC reacts on ‘Historic’ December 8th Hearing on Future of Digital Assets in America
On December 8th, the House Financial Services Committee held the first of undoubtedly many more hearings on the future of cryptocurrency and digital assets in America’s financial ecosystem. The historic hearing “helped listeners understand the need to move from a…
CBN earmarks N41bn through Heritage Bank for Dry Season wheat projects’ farming
In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria earmarked a whopping sum of N41billion, which is being disbursed by Heritage Bank Plc to farmers across multiple States for the expansion…
Nigeria’s Green Bond Market Exceeds N55Bn Mark
The Chief Executive Officer, NGX, Temi Popoola CFA, disclosed this during the Sustainable Finance Training 2021 hosted by NGX in collaboration with the International Finance Corporation (IFC), while adding that The Exchange is committed to fostering the growth of sustainable…
FG denies TIN-for-bank account requirement in Finance Bill
The Presidency said on Sunday that there is no provision in the Finance Bill (2022) that states that banks will be required to request for Tax Identification Number before opening bank accounts for individuals and existing account holders must provide…
Konga Yakata 2021 records over 180% growth
Konga, Nigeria’s leading e-commerce giant, has drawn the curtains on a hugely successful 2021 edition of its annual Black Friday sale tagged Konga Yakata, with the company witnessing a massive 180% growth in Gross Merchandise Value (GMV). The record-breaking development…
Enugu student, Eziaku Esther, Emerges Winner of UBA Foundation’s NEC 2021
UBA Foundation, the CSR arm of the United Bank for Africa (UBA) Plc, on Tuesday, held the Grand finale of its eleventh annual National Essay Competition (NEC) at the Tony Elumelu Amphitheatre at the UBA House, Marina Lagos, in a…
