Daily Archives: February 15, 2021

NIRSAL facilitates N148bn agribusiness investments

From Uche Usim, Abuja The Nigerian Incentive-based Risk Sharing System for Agricultural Lending (NIRSAL) has so farfacilitated over N148 billion in finance and investments for agriculture and agribusiness in the country since its inception in 2016.  Its Managing Director, Mr Abdulhameed Aliyu, made the disclosure in Abuja at an interactive …

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Nigeria needs FDIs to fund capital projects –Chukwu

The Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu, has said that Nigeria needs appropriate policies that will attract Foreign Direct Investment (FDI) into the country. Chukwu, in his presentation at a virtual workshop organised by the Capital Market Correspondents Association of Nigeria(CAMCAN) with the theme, “Addressing Nigeria’s Fiscal …

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Seplat, Wapco, drive NSE ASI up 0.33%

Transactions on the floor of the Nigerian Stock Exchange (NSE) kick started the new trading week on a positive note as buying interest in highly capitalized stocks saw the All Share Index (ASI) rising by 0.33 per cent. The bears had gained footing in the domestic bourse in four trading …

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Jaiz Bank targets MSMEs growth via Hajj Savings

From Uche Usim, Abuja Jaiz Bank Plc is seeking to boost access to financing for Micro, Small and Medium Enterprises (MSMEs), through the newly-introduced Hajj Savings Scheme it is running in collaboration with the National Hajj Commission of Nigeria (NAHCON) States’ Muslim Pilgrims Welfare Boards.   The Jigawa State Governor, Muhammad …

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Ecobank announces pricing of senior unsecured $300m bond

Ecobank Nigeria, a wholly owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (‘ETI’), , announced that it has successfully priced its USD 300 million bond issuance maturing in February 2026, with settlement of the bond to take place on 16 February 2021. The fixed-rate, US dollar-denominated bond, with …

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Bluetooth Overlay Skimmer That Blocks Chip

As a total sucker for anything skimming-related, I was interested to hear from a reader working security for a retail chain in the United States who recently found Bluetooth-enabled skimming devices placed over top of payment card terminals at several stores. Interestingly, these skimmers interfered with the terminal’s ability to …

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