Nigeria, other developing countries lost $241 billion external reserve in 2022

Category: Procurement News

The United Nations Conference on Trade and Development (UNCTAD) findings show that 81 developing countries (excluding China) lost $241 billion in international...

Africa: New Unesco Report Reveals $97 Billion Barrier to Reaching Education Targets

Category: Procurement News

UN News Without $97 billion in extra funding, a range of countries will fail to meet their 2030 national education targets, a new UN report revealed on Friday,...

Benue farmers rake in over N13.5b from IFAD/VCDP intervention

Category: Procurement News

…as programme directly empowers 14,000 youths By Peter Duru, Makurdi The International Fund for Agricultural Development, IFAD, Value Chain Development...

UBA’s quarterly profit jumps 29% to N53.6 billion after interest rate rises

Category: Procurement News

Net trading and foreign exchange income improved by 74.5 per cent to N26.1 billion on the back of increased yield from fixed-income securities. The post...

6 Varsities Get N18bn From TETFund’s 2023 High Impact Intervention

Category: Procurement News

  Tertiary Education Trust Fund (TETFund) is set to disburse a total of N3 billion each to six public universities under its Special High Impact Intervention....

Banana Island Building Collapse Due To Contractors’ Negligence, Say Insurance Brokers

Category: Procurement News

It had been reported that the building, which was under construction, collapsed on Wednesday evening, with some workers trapped under the rubble....

Piper Sandler calls generative A.I. the next $100 billion tech revolution, names stocks to play it

Category: Procurement News

Generative artificial intelligence may only be in the early stages of its full potential, but these stocks should benefit long term, Piper Sandler says...

Fidelity Bank set to raise N14 billion via private placement

Category: Procurement News

One hundred per cent subscribed, the private placement was priced at N4.60 per share. The post Fidelity Bank set to raise N14 billion via private placement...

Egg glut: Poultry farmers seek FG intervention on mop up

Category: Procurement News

The Poultry Association of Nigeria (PAN) has urged the Federal Government to intervene in the current egg glut being experienced in the market, forcing farmers...

NNPCL explains payment of billion-naira gratuity to Mele Kyari, others while still in ‘active service’

Category: Procurement News

The Nigerian National Petroleum Company Limited, NNPCL, has explained why it paid gratuities to its Group Chief Executive Officer, Mele Kyari; Chief Financial...

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