Month: April 2022
Heifer International and Hello Tractor have launched pay-as-you-go tractor financing for Nigerian farmers
Guinness Nigeria Plc, a member of the Diageo family, on Thursday opened its new £6.2 million
The average yield on fixed income instruments has seen a moderate increase and today, the Federal Government of Nigeria’s (FGN) bonds and Treasury bills yields spike while open market operation (OMO Bills) remained steady at 4.1%.
The Federation Accounts Allocation Committee (FAAC), has shared the sum of N725.571 billion with the three tiers of government, as federation allocation for the month of March.
The Nigerian Content Development and Monitoring Board (NCDMB) says it has grown Nigerian content in the oil and gas sector to 42 per cent. Mr Simbi Wabote, Executive Secretary of NCDMB gave the update on Wednesday while speaking at a Local content workshop for the Judiciary in Bayelsa.
The US dollar was stronger versus its major trading partners early Wednesday ahead of the release of advance trade data and the monthly pending home sales index.
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace its intervention programmes to promote financial stability and economic development.
The Senate has passed the Terrorism (Prevention) Act, 2013 bill prohibiting the payment of ransom to kidnappers in Nigeria.
MTN Nigeria, on Wednesday, said that it had paid N3.5 trillion as levies and taxes to the government since its inception. The Chief Executive Officer (CEO) of MTN, Mr Karl Toriola, who said this in his address at the ‘Brunch with Karl’ at Lagos Business School, also said that the organisation had committed over N3.4 trillion on capital investment.
The Nigerian Exchange (NGX) inches higher again midweek amidst the first quarter of the financial year 2022 earnings season with investors taking positions in value or growth stocks across the segments.