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CBN: Nigeria Recorded $14.2bn Capital Inflows In 5 Months

CBN: Nigeria Recorded $14.2bn Capital Inflows In 5 Months Total capital flows to Nigeria between January and May 2019, stood at $14.2 billion, the Central Bank of Nigeria (CBN) revealed last night. Of the aforementioned amount, Foreign Direct Investment (FDI) accounted for $2.87 billion, representing 20.18 per cent of the total amount. The CBN revealed […]

<div>Newly elected S&D president Iratxe García: Europe must regain its social soul and place people at the heart of its political action (EN/ES)</div>

Newly elected S&D president Iratxe García: Europe must regain its social soul and place people at the heart of its political action (EN/ES)
Today the Spanish MEP Iratxe García Pérez has been elected as president of the Group of the Socialists and Democrats in the European Parliament, the second biggest Group with 153 seats. Iratxe García, who will lead the S&D Group in the upcoming legislature, is the second woman to chair the Group in 20 years after former MEP Pauline Green.
During her inaugural speech, Iratxe García said:

AfDB Budgets $38bn For Investment In Africa

AfDB Budgets $38bn For Investment In Africa   The African Development Bank (AfDB) has approved $38 billion as investment commitments to projects in Africa. The multilateral Development Finance Institution (DFI) has also emphasised the need for Africa to prioritise investments in quality infrastructure; enhanced dialogue and support towards harmonising policy and regulatory frameworks; while also […]

NERC Chief Applauds Eko Disco For Performance

NERC Chief Applauds Eko Disco For Performance   The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh, has commended the management of Eko Electricity Distribution Company (EKEDC) for being the best performing distribution company in Nigeria. Momoh, gave the commendation in Lagos, at the premier 2018/2019 graduation ceremony for newly-employed staff of […]

Dangote Cement To Establish Export Facilities In Lagos, P’Harcourt

Dangote Cement To Establish Export Facilities In Lagos, P’Harcourt Dangote Cement Plc has said it will open export facilities in Lagos and Port Harcourt this year, and attract $700m foreign exchange into the Nigerian economy. The Chairman, Dangote Cement, Aliko Dangote, disclosed this on Monday at the company’s 10th Annual General Meeting in Lagos. Shareholders […]