Good morning, here are the latest top business news headlines for today Friday, August 2021.
Full Implementation Of PIB Will Boost Oil Production, Investment – Fitch
Fitch Ratings says the full implementation of the Petroleum Industry Bill (PIB) will encourage investment into the oil and gas sector and boost production.
The global rating agency, however, warned that bill is unlikely to…Read more
SEC, NECA Partner To Bridge Gap Between Issuers, Regulators
The Securities and Exchange Commission (SEC) has said that it would partner with the Nigeria Employers Consultative Association (NECA) to reconcile the expectation of issuers and regulatory requirements.
This was shared virtually by the Director-General, SEC, Lamido Yuguda, at…Read more
Institute Ranks Nigeria Among Countries With Least Affordable Food
The Institute of Development Studies has ranked Nigeria as the second poorest country in the world in terms of food affordability.
The United Kingdom-based think tank in its report was used in…Read more
JP Morgan, Citibank To Advise Nigerian Govt On $6.2bn Eurobonds
The Nigerian Government has engaged the services of JP Morgan, Citibank and other international institutions to act as transaction advisers for the issuance of Eurobonds in the international capital market.
The Debt Management Office (DMO) through its Head of Media…Read more
FEC Approves $1.4bn Rehabilitation For Warri, Kaduna Refineries
The Federal Executive Council (FEC) has approved $1.4 billion for the rehabilitation of Warri and Kaduna refineries.
The breakdown of the contract shows that $897 million is assigned for the…Read more
Unity Bank Unveils New USSD Code To Curb Fraud
To protect its customers from fraudsters, giving them more control over their account, Unity Bank has introduced a new USSD Code.
The new code would confer to customers the ability to block…Read more
CAC Shares Plan For Improved Service Delivery, Revenue Generation
The Corporate Affairs Commission (CAC) will improve its service delivery and revenue generation as contained in a resolution at its 2021 Management retreat in Kaduna.
Alhaji Garba Abubakar, CAC Registrar General, disclosed this in…Read more
Women Poised To Help Lead Nigeria’s Post-Pandemic Recovery
It will be years before the full extent of the economic and human devastation wrought by COVID-19 becomes clear. There’s no question, however, that the pandemic has had a disproportionate impact on women and the impact on women-owned and -led businesses across Africa has been especially severe.
Research recently published by the Cherie Blair Foundation for Women found…Read more
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