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World Bank's N45bn loan for Nigeria

2009.11.12

World Bank's N45bn loan for Nigeria

Regions : Africa

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Nigeria, Norway invest US$2.8m on local content training pact
online Nigeria, Norway invest US$2. 8m on local content training pact By Yemie Adeoye Tuesday, December 26, 2006 THE Governments of Norway and Nigeria commenced moves to invest about US$2. 8 million to train Nigerian fabricators for effective competition in the upstream sector of the Petroleum industry and to boost the local content policy in both countries.
Ajaokuta: ISPAT unveils $445m expansion plan
online ISPAT unveils $445 million expansion plan By Luka Binniyat Tuesday, December 26, 2006 ABUJA - Ispat Industries Limited, a sister company to Global Infrastructures Nigeria Limited, (GINL), managers of Ajaokuta Steel Company Limited, (ASCL) last week signed a memorandum of understanding (MoU) with the Government of Maharashtra to expand its steel-making capacity at its integrated steel plant at Dolvi in Raigad, Maharashtra.
TransCorp N60bn IPO to open Dec 27
online TransCorp N60b IPO to open Dec 27 By Peter Egwuatu Tuesday, December 26, 2006 The proposed N60b Initial Public Offering (IPO) by Transnational Corporation of Nigeria Plc (TransCorp), which was initially sheduled to open on Monday 18, 2006, has been rescheduled to open on 27, December 2006.
Comment: Enron syndrome and the Nigerian economy (1)
online Speaking Out: Enron syndrome and the Nigerian economy (1) Morenike Taire Tuesday, December 26, 2006 It would be the rare party goer who is familiar with the Owambe scene who would not be familiar with the song that Sunny Ade, the Juju king who recently turned 60, waxed in the immortality of the late Chief Moshood Kashimawo Olawale abiola.
Oceanic Bank declares one for four bonus, 42k dividend
Thursday, December 28, 2006 Oceanic Bank declares one for four bonus, 42k dividend A BONUS issue of one ordinary share for every four held has been declared by Oceanic Bank International Plc for the year ended September 30, 2006. The bank is also to pay a dividend of 42 kobo. This implies 25 per cent instant growth in the number of shares accruing to the bank's shareholders.
 
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