Kenyan President William Ruto, on Wednesday, announced the listing of the country’s first Islamic bond, the Linzi Sukuk at the Nairobi Securities Exchange (NSE)’s Unquoted Securities Platform (USP). This makes the product the first Shariah-compliant product on the country’s platform. The bond is a three-billion-shilling ($23 million) Islamic secured residential-based security. It is with a […]
From Our Correspondent A Chinese company, Sinoma is contemplating coming and citing its renewable energy technology manufacturing industry in Nigeria’s Evergreen City, the green industrial zone. TheNewszenith reports that Chief Ajuri Ngelale, Special Presidential Envoy on Climate Action, announced this after a dinner, hosted in his honour in Beijing. By this, Ngelale said Nigeria’s effort […]
From Abdulwahab Muhammad, Bauchi The North-East Development Commission (NEDC) has handed over the new Soro International Cattle Market in Ganjuwa Local Government Area to the Bauchi State Government. TheNewsZenith reports that NEDC’s Executive Director of Operations, Abdulsalam Yahaya Ahmed, performed the official handover of the market. Ahmed remarked that the market was part of the […]
By Our Correspondent The Nigeria LNG Limited (NLNG) says it remains a responsible corporate citizen, consistently operating in compliance with Nigerian laws. Andy Odeh, NLNG’s General Manager, External Relations and Sustainable Development, gave this assurance in a statement emailed to TheNewsZenith on Thursday. Odeh assures that the company will continue to operate in line with […]
From Our Correspondent Two public sector reform experts, Dr Paul Alaje and Prof. Remi Aiyede have cautioned President Bola Tinubu to urgently reverse economic policies that are making life harder for Nigerians. The experts observed that the Federal Government already took the left foot forward when it hurriedly pronounced removal of petroleum subsidy. They said […]
The National Bank of Ethiopia (NBE) has announced the adoption of an interest-rate-based monetary policy regime in line with international best practices to ensure price stability and foster economic growth. The new regime comes as the central bank takes a major step to switch away from the previous credit ceiling policy. This is to ensure […]
By Abdulfatah Babatunde The Tinubu Media Volunteers (TMV) has praised the African Petroleum Producers’ Organisation (APPO) for citing its Africa Energy Bank headquarters in Nigeria. In a statement emailed to TheNeewsZenith, on Wednesday, TMV noted that locating the head office of the $5 billion Africa Energy Bank in Nigeria “shows that Nigeria remains a viable investment […]
From Our Correspondent The Comptroller-General of Customs (CGC), Adewale Adeniyi, has described the Trade Modernisation Project (TMP) as a worthy and dependable partner in the modernisation drive. Adeniyi gave the commendation at the weekend after receiving a power generating set and a bus on behalf of the service from TMP in Abuja. Appreciating the TMP […]
By Opeyemi Muhammad Stakeholders in the fisheries and maritime businesses have called for the review of relevant laws to place fisheries under the Ministry of Blue Economy. They made the call during the first Annual Conference of the Alumni Association of the Federal College of Fisheries and Marine Technology (FCFMT) on Saturday in Lagos. TheNewsZenith […]
theri ADVERTISEMENT From Our Correspondent Mr Anthony Ifeanya, Anambra State Commissioner for Petroleum and Mineral Resources, says the slow implementation of the Petroleum Industry Act, (PIA) 2021, was causing apprehension in host communities. Ifeanya made the assertion at the opening of a two-day workshop for the leaders of Host Communities of Nigeria Producing Oil and […]