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  • DMO Dismisses Reports Of Imminent Appointment Of Advisors For Eurobond Issuance

    The Debt Management Office (DMO) has dispelled recent media reports suggesting the imminent appointment of advisors for a potential Eurobond issuance. In a statement released yesterday night, the DMO emphasized that the selection of transaction advisors follows strict procedures outlined in the Public Procurement Act of 2007. Crucially, any appointment requires the approval of the […]
  • NDPC Orders Full-Scale Probe Into Alleged Unauthorized Access To NIMC Database

    The National Commissioner, Nigeria Data Protection Commission (NDPC), Dr Vincent Olatunji, has ordered a full-scale investigation in respect of allegations of unauthorised access to personal data of enrollees in the database of National Identity Management Commission (NIMC). The investigation is a further regulatory measure to be taken by NDPC in the wake of public concerns […]
  • SSANU & NASU To Embark On 7-Day Nationwide Strike Over Unpaid Salaries

    The Senior Staff Association of Nigerian Universities (SSANU) and the Non-Academic Staff Union of Educational and Associated Institutions (NASU) have instructed their members across the country to embark on a seven-day strike commencing on Monday, March 18. In a memorandum issued on Friday, the strike action is a response to the Nigerian government’s failure to […]
  • Federal Ministry Of Transportation Clarifies MoU With MPH Rail Development, Calls It Non-Binding Agreement

    *Says ICRC Fully in Charge of Overseeing MoU Process as PPP Regulator The Federal Ministry of Transportation (FMT) has released a statement to address the growing concerns and commentaries surrounding the Memorandum of Understanding (MoU) signed on February 12, 2024, between the Honourable Minister of Transportation, Senator Said Ahmed Alkali, and Messrs. MPH Rail Development […]
  • NBA-ICLE Chairman Tobenna Erojikwe Expresses Gratitude For Outpouring Of Love On 50th Birthday

    Tobenna Erojikwe, the Chairman of the Nigerian Bar Association Institute of Continuing Legal Education (NBA-ICLE), has expressed his heartfelt gratitude for the outpouring of love and well-wishes he received on the occasion of his 50th birthday. In a touching thank-you message shared across social media, Erojikwe conveyed his overwhelming appreciation for the kindness that poured […]
  • Eurobonds: Appointment of Advisers Subject to FEC, NASS Approval -DMO

    Eurobonds: Appointment of Advisers Subject to FEC, NASS Approval -DMO Nigeria’s Debt Management Office (DMO) said the authority has not approved Eurobond issuance in the international debt capital market. The DMO said the appointment of transaction advisers for the issuance of Eurobonds is subject to approval of the Federal Executive Council (FEC). The Director-General of […]
  • CBN Clarifies: Fertiliser Donation Not A Return To Direct Real Sector Interventions

    The Central Bank of Nigeria (CBN) has clarified that its fertilisers donation to the Federal Ministry of Agriculture and Food Security , last week, does not represent a resumption direct interventions in the real sectors of the economy. The apex bank donated 2. 15 million tonnes of assorted fertilisers, worth over N 100 billion to […]