The United Nations Food and Agricultural Organisation (FAO) and the Cross River State government have agreed to a partnership that would result in agricultural and ICT training for staff based in major ministries, departments and agencies in the state. The agreement was finalised after a meeting by representatives of both parties, which included Asibong Inyang, …read more →
Month: September 2020
Our Focus is to Increase Opportunities for Quality Infrastructure Delivery to Nigerians – Buhari
President Muhammadu Buhari Monday has assured Nigerians of the willingness and determination of the Federal Government to provide stable electricity to every home and industry, while considering the economic challenges before individuals, families and businesses, explaining that “implementation of a Willing buyer, Willing Seller Policy for the power sector has opened opportunities for increased delivery …read more →
Buratai Commends Army Engineering Corp on Infrastructure Development
The Chief of Army Staff, Lt. General Tukur Buratai, has commended the Nigeria Army Engineering Construction Regiment, Ede for playing an important role in the infrastructural and economic development of the country. Buratai spoke in Kuta, Osun state, during the commissioning of the bridge named after him constructed by the Nigeria Army Engineering Construct Regiment, …read more →
AfDB to Develop PPP Framework for Infrastructure Development in Africa
The African Development Bank (AfDB), has begun developing a Public-Private Partnership (PPP) framework to strengthen support for PPPs and enhance economic and social infrastructure development in the continent. According to a statement from AfDB, representatives of the bank, Development Finance Institutions (DFIs), private sector, and professional associations made this known in a virtual meeting hosted …read more →
CBN Creates Intervention Fund for Solar Energy Infrastructure Development
The Central Bank of Nigeria (CBN) said it has introduced an intervention fund to support the growth of solar energy development in the country in line with government policy to boost power supply. The regulatory bank in its guidelines on the Solar Connection Intervention Facility said that the move was to complement the Federal government’s effort …read more →
FG, Lagos Move to Restore Festac Master Plan & Infrastructure
The Federal Government and Lagos State Government have found a common ground to jointly confront the inordinate property development and facility deficit in Festac Town – a Federal Housing Estate situated in Amuwo-Odofin area of the State. The resolve by the two parties to address degeneration of infrastructure in the estate was the outcome of …read more →
Ibom Air Set to Commence Daily Commercial Flights from Enugu to Lagos and Abuja, September 14th
The nation’s fastest growing airline, Ibom Air, is set to commence daily commercial flights from Lagos and Abuja to Enugu, from Monday September 14th, 2020. This is a significant milestone for the airline which began operations last year and presently flies to 4 major cities in Nigeria including Abuja. Enugu becomes the airline’s 5th domestic …read more →
“Access Bank Remains Committed to Creating Value for Shareholders” – Herbert Wigwe, CEO, Access Bank
Following the recent announcement of its financial results for the half-year ended June 30 2020, the Group Managing Director of Access Bank PLC, Herbert Wigwe has assured all stakeholders of the Bank’s commitment to offering greater share value. “Leveraging investments in digital banking post-merger, we have seen a growth in our retail banking business, as …read more →
H1 2020: Fidelity Bank Posts Impressive Half Year Results.
Profits up by 22% as Gross Earnings hit N105.8bn. Despite the economic challenges occasioned by the COVID-19 pandemic, Fidelity Bank has sustained the financial performance trajectory of recent years, with another set of impressive financial results. Details of the Audited Half Year results ending June 30, 2020 for the top Nigerian lender, released on the …read more →
New CAMA Will Boost Foreign Direct Investment — Stakeholders
Capital Market stakeholders have expressed optimism that the amended Companies and Allied Matters Act, (CAMA) 2020 assented to by President Muhammadu Buhari would boost foreign direct investment in the country. Speaking to the News Agency of Nigeria (NAN) in Lagos, the stakeholders said that the amended CAMA, if well implemented, had the potential to increase …read more →