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Nigerian govt borrows N16.32trn from banks

CBN The total net credit to the Nigerian government by the banking sector rose by N2.2 trillion in the first quarter ended March 2022 to N16.32 trillion. This is according to figures from the Central Bank of Nigeria (CBN). According to the apex bank’s data on ‘Money and credit statistics’ …

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Senator Adesoji Akanbi Declares For Oyo South Senatorial Seat

IBADAN. 11.05.22. Oyo politician, Senator Rilwan Adesoji Akanbi, has officially declared his intention to return to the Nigerian Senate to represent Oyo South Senatorial District on the platform of the All Progressives Congress (APC), confirming what has been one of the most anticipated declarations in Oyo politics since the buildup to …

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elev8 inaugurates the Qatar Digital Center of Excellence in collaboration with Microsoft and the MCIT

The initiative seeks to create a highly qualified and competitive workforce for a fast-growing, diversified, technologically advanced economy. elev8 consolidates its operation in the Middle East with a modern campus for training in new technologies Lagos, May 2022. elev8, the world leader in digital training initiatives, recently launched the Digital Center …

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Jumia shares first Environmental Social Governance report highlighting its current sustainability practices

Lagos (Nigeria), May 11th, 2022: Jumia (NYSE:JMIA) released today its first Environmental Social Governance Report outlining its ESG strategy alongside an overview of current sustainability practices at Jumia. The report draws on Jumia’s 2021 non-financial data and provides disclosures in line with Sustainability Accounting Standards Board (SASB) materiality topics for …

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STANBIC IBTC Infrastructure Fund Series II Offer Is Now Open

Stanbic IBTC Asset Management Limited (the “Fund Manager”), a subsidiary of Stanbic IBTC Holdings PLC, is pleased to announce that the N15 billion Series II Offer (the “Offer”) under its Stanbic IBTC Infrastructure Fund (the “Fund”) N100 billion Shelf Programme is now open and scheduled to close on Friday, 10 June 2022. The Fund …

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