|Monday, April 6, 2020 |
Dangote Cement to raise N100bn in fresh bond
Dangote Cement Plc has said it is seeking to raise up to N100bn from the bond market under its N300bn Debt Issuance Programme……read more.
Electricity: Gas shortage stalls 10,362MW in three days
In three days, April 2 to April 4, gas shortage to thermal power plants stalled the generation of 10,362.5 megawatts of electricity……read more
Air Peace delivers FG’s medical supplies from Turkey
The Federal Government has taken delivery of medical supplies from Istanbul, Turkey, to fight the coronavirus pandemic…..read more.
Leadway Assurance commits N135m to fight coronavirus
Leadway Assurance Company Limited says it is donating personal protection equipment materials, test kits and foodstuff worth N135m as part of its efforts to support optimal testing and treatment of COVID-19 cases as well as ensure access to nutrition during the quarantine period……read more.
Diesel, kerosene prices fail to drop despite oil crash
The pump prices of diesel and kerosene in Nigeria have yet to reflect the collapse of global crude oil prices despite the deregulation of the products by the Federal Government…..read more.
COVID-19: LCCI donates food items, medical supplies to LASG
The President, Lagos Chamber of Commerce and Industry (LCCI), Mrs Toki Mabogunje, yesterday donated food items and medical supplies to the Lagos State Government…..read more.
Insurers form consortium to provide N100 million test kits, others against pandemic
In a quest to sustain government efforts towards containing the impact of the Coronavirus in the country, the nation’s insurance industry has formed a consortium to provide free cover for all health workers involved in managing the pandemic across the country…..read more.
Nigerian Breweries to Raise N48bn via Commercial Paper
Nigerian Breweries Plc has launched its series 7 and 8 commercial papers(CPs) to raise up a maximum of N48 billion. In a notification to the Nigerian Stock Exchange (NSE), Nigerian Breweries Plc said the offer will open April 6, 2020……read more
AfDB Lists $3bn Social Bond on LSE
The African Development Bank’s (AfDB) “Fight Covid-19” social bond, the largest social bond to date to be issued in the capital markets, has been listed on London Stock Exchange (LSE) and is now available through its sustainable bond market……read more
Google Releases $6.5m to Tackle Fake News about COVID-19
Google has said it is providing $6.5 million in funding to fact-checkers and nonprofit organisations that are fighting against misinformation around the world about COVID-19 spread…..read more.
OPEC Meeting Rescheduled for Thursday
The Organisation of Petroleum Exporting Countries (OPEC) has delayed a meeting aimed at ending the oil price war, as Riyadh and Moscow trade barbs about who’s to blame for the collapse in oil prices……read more.
Rwanda Gets $109m IMF Loan
Rwanda has secured a $109.4 million in emergency coronavirus funding from the International Monetary Fund, the first African country to do so, the fund said recently…..read more.
International Breweries Assures Shareholders of Better Value
The Finance Director of International Breweries Plc, Mr. Bruno Zambrano, has assured shareholders of the company of better value going forward….read more.
BoI Supports COVID-19 Fight with N700m
Nigeria’s Development Finance Institution, Bank of Industry (BOI) has joined other corporates and philanthropists in supporting the fight against the spread of the COVID-19 pandemic in Nigeria through the donation of N700 million into the relief fund….read more