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Nigerian government seeks new Eurobond

The federal government yesterday disclosed that it would approach the Eurobond market next year in its effort to shore up the economy, amidst cocktails of measures being put in place to douse the effects of the Covid-19 pandemic on the economy. On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021. Finance Minister, Zainab Ahmed, who disclosed the Eurobond plan while speaking on Bloomberg TV, explained that the decision would depend on the prevailing interest rates. She, however, did not specify the amount to be accessed from the Eurobond. The Eurobond option is ...

Former APC spokesperson empowers Kwara youths with entrepreneurship skills

Malam Lanre Issa-Onilu, former National Publicity Secretary of All Progressives Congress (APC) has facilitated a training for youths in Kwara on various entrepreneurial skills. Declaring the training open in Ilorin on Saturday, Issa-Onilu appealed to the beneficiaries to concentrate with a view to become their own bosses and train others in their respective fields. Represented by Mr Tajudeen Onilu, the sponsors said that aside the 26 youths currently undergoing training, additional 60 beneficiaries will commence their own training by next week. According to him, at the end of the induction training, beneficiaries will have their business plan written, they will be interviewed and awarded certificates, after which they will be awarded fundings to improve their businesses. He said that the f...