Good morning, here are the latest top business news headlines for today Sunday, June 2021.
Stanbic IBTC Asset Management Launches ₦100bn Infrastructure Fund
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, has launched a ₦100 billion Infrastructure Fund designed for institutional investors such as Pension Fund Administrators, insurance companies, asset managers and high-net-worth individuals.
The Stanbic IBTC Infrastructure Fund (“SIIF”) is registered with the…Read more
Nigeria’s Debt Burden Is Necessary – Lawan
The President of the Senate, Ahmad Lawan, said that the country’s burden was a necessary one, as the country could not sit back and do nothing.
He said this at a media briefing of the Ninth Senate’s second anniversary…Read more
New Terminal To Curb Illegal Refining Of Oil
In a bid to curb the illegal refining of oil in the country, the Federal Government has entered into a contract with shareholders to construct the Brass Petroleum Products Terminal Ltd (BPPT), a move that the government envisions would bring sanity to the refining space.
Announing this was the Minister of State for Petroleum Resources, Timipre Sylva, on Friday…Read more
South African Govt To Sell Off Majority Stake In Flag Carrier
The government of South Africa has said that to keep the operations of its national carrier, South African Airways running, it had resolved to sell off a chunk of the stake in the airline to a consortium.
The move by the government would transform the flag carrier into…Read more
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