Tuesday , November 21 2017
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Nigeria floats US$3bn dual-tranche bond

  …Announces pricing of US$1.5bn 10-year; US$1.5 billion 30-year notes under its Global Medium Term Note programme     The Federal Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its US$4.5 billion Global Medium Term Note programme ...

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NNPC, Chevron sign $1.7b deal to increase crude, gas production

Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have executed the final phase of an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. The agreement, signed in London, is also expected to achieve an incremental peak production of about 283mmscfd of gas, NNPC ...

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Ecobank Now Charges One Percent on Rapid Transfer Payments

  Ecobank Nigeria has announced a one (1%) percent fee on all Rapid Transfer payments via the Ecobank Mobile app from now through December 31, 2017. This promotion is designed to support citizens who have need to send money to love ones across Africa during this festive season. Announcing this ...

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Presidency Welcomes Latest GDP

  *Nigerian Economy Continues to Improve Steadily with Rise in Q3 Figures   In a clear indication of ongoing progress, the Nigerian economy has improved further, according to the latest GDP figures just released by the National Bureau of Statistics, with oil, agriculture and industrial sectors leading the charge. The ...

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Law Union and Rock projects 35% growth in GPW in 2018 * Eyes Engineering sector

L-R:  Chief Financial Officer, Mr. Olayowole Olabisi; Head, Human Capital Management, Mrs. Eyoanwan Ndiyo- Aiyetan; ED, Tecnical and Operations, Mr. Supo Sogelola; Managing Director/CEO Mr. Jide Orimolade and ED, Tecnical and Operations, Mr. Supo Sogelola; Chief Technical Officer, Mrs. Folake Afolabo and Chief Markwting Officer, Mr. Steve Ajudua at the event.   ...

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