The African Development Bank (AfDB) has appointed MCB Investment Management (MCBIM), a subsidiary of MCB Capital Markets, as Fund Manager for its first multi-jurisdictional Fixed Income Exchange Traded Fund (ETF) in Africa. The Board of Directors of the AfDB has also approved a seed equity capital investment of USD 25 million for the ADBF. The […]
The Army Council on Friday approved the promotion of 227 senior officers from various ranks to the next higher ranks in the Nigerian Army. Acting Director of Army Public Relations, Colonel Sani Kukasheka Usman, who is one of the beneficiaries, disclosed this in a statement issued last night. He gave the following details: “Those promoted […]
The Institute for Service Excellence and Good Governance (ISEGG) has conferred on the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, a Lifetime award for Banking, Finance and National Development. Mr. Emefiele was given the lifetime award on Thursday at the first Annual lecture, Awards and Induction ceremony of the Institute for Service Excellence […]
Fidelity Bank Plc on Thursday afternoon held the third Draw/1st Quarterly Draw of the Fidelity Get Alert in Millions Savings promo at its Corporate Head Office in Lagos. Salman Umar Musa emerged the star prize winner of N5 million. It was such an outpouring of emotions as Musa could hardly believe his ears when Executive […]
The United States government says it has begun dialogue with the federal government on the release of the 458 million dollar Abacha loot but that the legal process for its recovery will take extra time. The Deputy Chief of Mission, Mr David Young, made this known at a conference to mark the International Anti-Corruption Day […]
Africa’s biggest digital entrepreneur and Chairman of Zinox Group, Leo Stan Ekeh, will feature as the Guest Speaker at a mega entrepreneurship summit hosted by the Imo State University (IMSU) and its Alumni Association in partnership with pioneer composite e-commerce outfit, Yudala. The theme of the entrepreneurship workshop is ‘The ABC of Wealth Creation and […]
The Bayelsa State Government on Thursday restricted the activities of herdsmen in the state to the Bayelsa Palm area in a bid to prevent the invasion of farmlands and check any security breach. Governor Dickson, who issued the restriction order in a live radio and television interview in Yenagoa, said the measure has become imperative, […]
The Chief of Army staff, Lt Gen Tukur Yusuf Burutai, has assured the Governor of Abia State that the Nigerian military will continue to patronise made in Aba materials, including uniforms and boots. General Buratai gave the assurance when he led a delegation of High ranking military officers on a courtesy visit to Governor Okezie […]
Dr Samuel Nzekwe, former President, Association, National Accountants of Nigeria (ANAN), on Thursday advised the Federal Government to remove all hindrances delaying clearing of goods at the seaports. Nzekwe, who gave the advice in an interview with the News Agency of Nigeria (NAN) in Ota, Ogun added that the move would boost the nation’s revenue. […]
The depreciation of the naira and other economic challenges affecting member states have slowed down ECOWAS economic integration and the adoption of a single currency , the News Agency of Nigeria(NAN) reports. This was one of the main issues discussed at the technical meeting of the ECOWAS Macroeconomic Policy Committee on Multilateral Surveillance in Abuja […]