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The federal government, through the Debt Management Office (DMO) has offered for subscription two years and three years Federal Government Savings Bonds at N1,000 per unit. The subscription was made available in a circular on the DMO website. According to the information, the two years bond with Feb. 10, 2023 as due
Read MoreBanks across the globe including Nigeria have not been part of the Covid-19 problem so far as they entered the pandemic with a large amount of capital and high liquidity buffers according to the International Monetary Fund (IMF). The IMF Global Financial Stability Report (GFSR) released on Wednesday revealed that banks
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The following people are the top 10 richest people in Nigeria. Readers should know that the number of people in the top 10 richest Nigerian is not constant, it keep changes. 10. Fifi Ekanem Ejindu - $850 million Fifi Ekanem has her own individual style described as ‘neo-traditional’ and has won
Read MoreDuring a visit to the organization’s office in Awka, Anambra State, on Saturday, the Standard Organisation of Nigeria (SON) Director-General, Mallam Farouk Salim said SON has devised more efficient measures against importation of substandard products to protect local manufacturers in the country. According to Mallam Salim, the agency will continue to
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Stefan Thomas, a German-born programmer living in San Francisco, has been unable to access his 7,002 bitcoins, which is worth almost $240 million at the current price, the New York Times reported Tuesday. He stored the private key for his bitcoins on a small, encrypted hard drive known as an Ironkey, and wrote
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Paubox, a San Francisco, CA-based market leader in the HIPAA compliant email space, raised $4m in Series A funding in a round was led by Arthur Ventures (AV). In addition with the funding, Patrick Meenan, Partner at AV, joined Paubox’ board of directors. Founded by Hoala Greevy in 2014, Paubox provides
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JobNimbus, a Lehi, Utah-based home services software company, raised $53m in funding through an investment from Mainsail Partners, a San Francisco-based growth equity firm. As part of the deal, Vinay Kashyap, Partner, and KC Kanoff, Vice President, of Mainsail Partners, will be joining the JobNimbus board of directors. Jeff Gardner, the
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The $1.96bn deal Sees Mota-Engil building a single-track, standard-gauge line with 12 stations from Kano in northern Nigeria to Maradi in the south of landlocked Niger. The line will give Niger access to Nigeria’s rail network and thus to Nigerian ports. The news came in a tweet from Rotimi Amaechi, Nigeria’s transportation
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According to research conducted by Dealroom for marketing and promotional agency London & Partners, London tech firms have succeeded in raising $10.5bn (£7.59bn) in venture capital investment in 2020 despite the global COVID-19 pandemic and Brexit. The strong investment performance has set a new record for the UK and
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Maize, which is grown in several regions of the world and is referred to as the world best adapted crop, has grown to become the fourth most consumed cereal ranked below sorghum, millet and rice and the third most important cereal after sorghum and millet. Recognized as one of the longest
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