FG to reintroduce tolls on federal highways

26 /September 2017

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FG to reintroduce tolls on federal highways
Ifeanyi Onuba, Abuja The Federal Government on Monday said it would reintroduce tolling on the nation’s highways to raise the much needed funds to maintain the roads. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this while addressing members of the Manufacturers Association of Nigeria, who visited him in his office in... Learn more
The 23rd Nigerian Economic Summit: “Opportunities, productivity and employment to actualise the economic recovery and growth plan”

26 /September 2017

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The 23rd Nigerian Economic Summit: “Opportunities, productivity and employment to actualise the economic recovery and growth plan”
The Nigerian Economic Summit Group is an independent, non-profit, non-partisan organization that serves as a platform for private and public sector dialogue, focused on Nigeria’s sustainable economic development. Noted for its impact on public policy, objective research and yearly economic summits among other things, the NESG has helped create an enabling environment conducive to good... Learn more
Afreximbank Agrees $600m line credit to Zimbabwe’s Reserve Bank

26 /September 2017

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Afreximbank Agrees $600m line credit to Zimbabwe’s Reserve Bank
Approved over $51bn credit since 1999 The African Export-Import Bank (Afreximbank) yesterday, entered into a memorandum of understanding (MOU) to provide a $600-million line of credit to the Reserve Bank of Zimbabwe (RBZ). Daily Times Nigeria recalls that since 1994, the bank had approved more than $51 billion in credit facilities for African businesses, including […] The post Afreximbank Agrees $600m line credit to Zimbabwe’s Reserve Bank appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers ... Learn more
Newrest notifies shareholders of 100% exit from ASL Rwanda

26 /September 2017

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Newrest notifies shareholders of 100% exit from ASL Rwanda
The board of Newrest ASL Nigeria Plc, Nigeria’s aviation handling company said it has sold off its stake in ASL (Aviation Support and Logistics) Rwanda Limited. The Nigerian Stock Exchange (NSE) disclosed of this effect in the company’s publication signed by its secretary, LPC Solicitors. The company stated that prior to the sale of its […] The post Newrest notifies shareholders of 100% exit from ASL Rwanda appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers ... Learn more
Wema, Unity, Skye banks’ shares may stabilize at par value

26 /September 2017

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Wema, Unity, Skye banks’ shares may stabilize at par value
Stakeholders in the Nigerian capital market have expressed concern on the low pricing of Wema and Skye banks shares in the equities market, even as they maintained that the shares may remain at such low pricing for a long period. Cross section of market stakeholders who spoke to Daily Times Nigeria on the performance of […] The post Wema, Unity, Skye banks’ shares may stabilize at par value appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers ... Learn more
NSE Demutualization 80 % complet – Onyema

26 /September 2017

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NSE Demutualization 80 % complet – Onyema
Against all odds, completion of the demutualization process of the Nigerian Stock Exchange(NSE) will take about 12 months. This was coming as the NSE’s President, Aigboje Aig-Imoukhuede, council member, Aliko Dangote and seven other members have served full tenures and retired. The Chief executive officer Nigerian Stock Exchange (NSE) Mr. Oscar Onyema, revealed the progress […] The post NSE Demutualization 80 % complet – Onyema appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers ... Learn more
GTBank: Set to launch International Cash tender offer of $400m

26 /September 2017

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GTBank: Set to launch International Cash tender offer of $400m
Guaranty Trust Bank Plc (GTBank) has announced plans to launch an invitation to holders of its $400 million 6.000 percent Notes due 2018 International Cash Tender offer. The lender, in a statement signed by its Company Secretary, Mr. Erhi Obebeduo, said, “Kindly be informed that GTBank intends to launch an invitation to holders of its […] The post GTBank: Set to launch International Cash tender offer of $400m appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers ... Learn more

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