New Telegraph

PILA honours ex-secretary general of AIO

Profesional Insurance Ladies Association (PILA) has presented an award of excellence to Ms Prisca Soares, the immediate past Secretary General of the Africa Insurance Organisations (AIO), for her meritorious service in the industry over the…

NDE trains 50 agric extension officers

The National Directorate of Employment (NDE) has engaged 50 unemployed persons in Ebonyi State in its agricultural extension programme aimed at enhancing food security. Director-General of NDE, Mr Abubakar Fikpo, inaugurated the programme on Wednesday…

Spices: Nigerian startup, Agricorp, raises $17.5m for export

Agricorp International, Nigeria-based spices producing, processing, and exporting company, has raised $17.5 million in Series A funding to increase its processing capacity to 7,000 metric tonnes. This fund was raised from Vami Nigeria, One Capital…

Flour millers warn of impending food crisis

Citing prevailing economic conditions and unfavourable regulatory frameworks, flour millers, under the auspices of Flour Milling Association of Nigeria (FMAN), have warned of an impending food crisis in the country following the impact of insecurity…

NGX shareholders approve equity-based incentives

NGX shareholders approve equity-based incentives

Shareholders in Nigerian Exchange Group (NGX) have approved the Group’s proposals to introduce equity-based incentives to employees’ remuneration, including an Employee Share Ownership Plan and a Long-Term Incentive Plan, aligning the interests of internal stakeholders…

CBN releases guidelines on BASEL III implementation

CBN releases guidelines on BASEL III implementation

The Central Bank of Nigeria (CBN), yesterday, released the BASEL III/Reporting Templates for implementation by deposit money banks (DMBs) in the country. In a letter to DMBs posted on its website, the apex bank listed…

Stanbic IBTC Holdings commended for supporting CIS

Stanbic IBTC Holdings commended for supporting CIS

Stanbic IBTC Holdings PLC, a member of Standard Bank Group, has been commended by the Governing Council of the Chartered Institute of Stockbrokers (CIS) for the organisation’s support that has spanned several years. The CIS…

Ahmed: Nigeria to raise $3bn Eurobond in October

Ahmed: Nigeria to raise $3bn Eurobond in October

Nigeria will raise about $3 billion selling Eurobonds in the second week of October, the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said in a Bloomberg TV interview yesterday. The minister, who…

Cryptocurrency: ‘We’re bridging knowledge gap

Cryptocurrency: ‘We’re bridging knowledge gap

Founder and Chief Executive Officer of House of Olympus Limited, a financial education platform, Victor Adegunloye, has said his company is bridging the knowledge gap around the restriction placed on cryptocurrency transactions by the Central…

Equities extend decline by N2bn

Equities extend decline by N2bn

Equity trading on the floor of the Nigerian Exchange Limited (NGX) yesterday witnessed another drop in share prices as bears sustained their grip on the local bourse. The local bourse recorded only nine gainers and…