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AfDB provides $400,000 grant for SEC

African Development Bank Group (AfDB) on Friday signed a $400,000 grant agreement with the Securities and Exchange Commission (SEC) to strengthen securities market regulation and broaden market instruments. The funds, according to a statement from AfDB, will go towards strengthening the risk-based supervision framework, regulation of derivatives and green bonds, and build capacity for green finance. The grant will be sourced from the Capital Markets Development Trust Fund, a multi-donor fund administered by the Bank. “This collaboration further underscores our mutual goal to grow our markets and create viable avenues for sustainable economic development for Nigeria and the region,” said Lamido Yuguda, Director General of the Securities and Exchange Commission at the virtual signing ceremon...

NFF to unveil new national team jerseys October

The Super Eagles will launch new jerseys designed by kit-sponsors Nike for national teams in October. This was announced in a statement by the NFF’s Communications Department on Tuesday. Nike Senior Director, Global Communications, Heidi Burgett, had February 5, shared the designs of the new national team’s jerseys on Twitter. “New 2020 kits for Nigeria: Home kit’s hand drawn design fuses the traditional aesthetic of an agbada robe w/ modern football design. Away kit trim is inspired by Onaism. Broader collection of Super Eagles apparel includes a poncho, vest, dress, & more,” Burgett wrote. Burgett’s tweet came after NFF president Amaju Pinnick confirmed to newsmen January 28, that the new national team jerseys would be unveiled in New York, London and Nigeria. Further plans for the u...