Bureau of Public Enterprises (BPE) has invited investors for the Submission of Response To Request for Qualification (RFQ) for the Concession of the Calabar and Kano Free Trade Zones. This invitation was contained in a circular posted…
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The Federal Ministry of Works and Housing has shortlisted 18 firms from among 75 bidders seeking to operate and toll 12 economically viable highways on a concession basis. The ministry has also concluded the evaluating proposals for…
Shelter Afrique, the pan-African development finance institution has concluded its debut bond issuance, raising N46 billion through its 5-year and 7-year Series 1 Fixed Rate Senior Unsecured Bond Issuance in Nigeria’s capital market under its N200 billion…
The Federal government and the United Kingdom on Tuesday signed a deal that will see the inflow of about $300 million in Foreign Direct Investment (FDI) to Nigeria. The agreement was reached at the Economic and Development…
MTN Nigeria Communications Plc on Monday, April 25 issued N127billion series 1 and 2 Commercial Paper under its registered N150billion Commercial Paper (CP) Programme. This largest commercial paper issuance in Nigeria goes into the record for MTN…
Accugas Limited, Nigerian affiliate of British energy firm, Savannah Energy Plc, has signed an addendum to its existing Interruptible Gas Sales Agreement (IGSA) with First Independent Power Limited (FIPL), a subsidiary of Sahara Power Group. The deal…
Chi Farms Ltd. and a member of TGI Group, recently announced that, in keeping with its vision to continue to expand food production in Nigeria, it has doubled its meat processing operations. Dr. Tunji Olaitan, Managing Director,…
The Federal Government (FG) says its bitumen reserve of 42.74 billion metric tonnes will soon undergo concession to solve over- reliance on imported bitumen for domestic road construction. Minister of Mines and Steel Development, Olamilekan Adegbite, made…
Coronation Merchant Bank Limited has issued and quoted a N25 billion Series 1 and 2 Commercial Paper under its N100 Commercial Paper programme. The proceeds from this programme would be channelled towards meeting the bank’s short-term working…
Nigeria’s Debt Management Office (DMO), has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction in April. They include a N75 billion FGN bond at 13.5 per cent interest…
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