General

ACBF to support five West African countries

The African Capacity Building Foundation (ACBF), the African Union’s Specialized Agency for Capacity Development on the continent, has awarded a grant valued at $1.3 million to the West African Institute for Financial and Economic Management (WAIFEM).T…

General

Eco Medical Village Limited Signs a $300 Million Term Sheet with Institutional Investor, Milost

ACCRA, Ghana, July 10, 2017 (GLOBE NEWSWIRE) — Eco Medical Village Limited is pleased to announce that it has executed a $300 million financing term sheet with Milost Global Inc  (the “Investor”) for the development of the largest private hospital in West Africa, right in the heart of Ghana in Accra. The financing is expected […]

General

CBN injects $142.5m into foreign exchange market

The Central Bank of Nigeria (CBN) on Monday injected 142.5 million dollars into the inter-bank foreign exchange, days after intervening in the retail segment of the market with 254.3 million dollars.The spokesperson of the apex bank, Mr Isaac Okorafor,…

General

ANAMBRA SCREENS INTENDING PILGRIMS TO ISRAEL

By Nsofor Adaobi Cynthia : Intending pilgrims in the state have been urged to maintain good conduct and represent the State in a good light as they prepare their journey to the holy land.This was made known during the two day screening of the intending…

General

COURT JAILS TWO OIL BUNKERERS FIVE YEARS

Justice I.E Ekwo of the Federal High Court sitting in Calabar, Cross River State, on Monday convicted and sentenced two oil bunkerers: Tony Ochonogo and Efe Alex to 5years imprisonment each without an option of fine.The convicts were brought before the…

General

National Insurance Conference begins in Abuja

No fewer than 800 delegates will participate in the 2017 National Insurance Conference (NIC) which begins on Monday in Abuja.The Chairman, Planning Committee of the conference, Mr Shola Tinubu, made this known in an interview on Sunday.According to Tin…

General

Mines ministry targets 27bn dollars contribution to GDP

The Ministry of Mines and Steel Development says it will contribute 27 billion dollars about (N9.7trillion) to the Gross Domestic Product (GDP) by 2025.The minister stated this in its Road Map in Abuja , adding that the contribution would be achieved i…

General

ECA to support Nigeria in policy implementation

Prof. Sylvain Boko, Head, Development of Planning and Statistics Cluster, Economic Commission for Africa (ECA) says the commission will continue to support Nigeria to implement policies that will engender economic development .Boko, who is also the Pri…

General

Workers to protest passage of Ports and Harbour bill

Port workers are set to embark on nationwide protests on Tuesday over their disagreement with some sections of the Ports and Harbour Bill, which they observed could lead to massive job losses.A source close to the Maritime Workers Union of Nigeria (MWU…