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Daily Archives: April 11, 2024

Dangote Donates Bags Of Rice To 48 Charity Groups In Abuja

    Continuing its National Food Intervention Programme, the Aliko Dangote Foundation has facilitated the distribution of thousands of bags of rice to beneficiaries and vulnerable Nigerians in the Federal Capital Territory, Abuja, with no fewer than 48 charity organizations and orphanages involved in the process. According to the company’s …

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    Following approval by the Electricity Regulatory Commission (NERC) for the increase of electricity tariff by 300%, Kaduna Chamber of Commerce wishes to express its concern on thedire anddisastrous implications of this decision. This review is, to say the least, ill-timed as it came at the time when businesses …

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The NDIC and recapitalisation of banks

      By Salisu Na’inna Dambatta The ongoing CBN-inspired recapitalisation for banks has serious implications for the banking sector, the equity capital market and the Nigeria Deposit Insurance Corporation of Nigeria (NDIC). While the banking sector may become stronger with deeper capital and consequent ability to finance productive economic …

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