Scarcity of Funds to Persist As Dmo Offers N135bn Bond

[Vanguard] The scarcity of funds which pervaded the interbank money market towards end of last week will intensify this week as the Debt Management Office (DMO) issues N135 billion worth of FGN bonds. Last week, the money market experienced acute scarc…

[Vanguard] The scarcity of funds which pervaded the interbank money market towards end of last week will intensify this week as the Debt Management Office (DMO) issues N135 billion worth of FGN bonds. Last week, the money market experienced acute scarcity of funds as the Central Bank of Nigeria (CBN) stepped up its liquidity mop up efforts by offering N431 billion worth of treasury (TBs).

source: AllAfrica News: Nigeria

The World Looks Up to Kaduna for a Grand Nafest

[Vanguard] Malam Nasir el-Rufai, Kaduna State governor, has high regards for arts and culture. He believes that “arts and culture form the core values of people’s being and the essence of their existence.” This must have influenced his offer to host th…

[Vanguard] Malam Nasir el-Rufai, Kaduna State governor, has high regards for arts and culture. He believes that "arts and culture form the core values of people's being and the essence of their existence." This must have influenced his offer to host the 2017 National Festival of Arts and Culture (NAFEST) shortly after successfully hosting the 2017 Kaduna State Festival of Arts and Culture, KADFEST.

source: AllAfrica News: Nigeria

Retreat Residents Want City to Dump Rubbish Site Plan

[GroundUp] In 2015, the City of Cape Town moved a municipal “dump” from Constantia to Tenth Avenue, Retreat. The Constantia facility had to close because of a successful land claim.

[GroundUp] In 2015, the City of Cape Town moved a municipal "dump" from Constantia to Tenth Avenue, Retreat. The Constantia facility had to close because of a successful land claim.

source: AllAfrica News: South Africa

Poor State of Energy Sector – Govt’s Economic Recovery Growth Plan in Danger

[Vanguard] There are strong indica- tions that the realisation of the Federal Government’s 2017-2020 Economic and Recovery Growth Plan, ERGP, may be scuttled as a result of inadequate and unstable power supply in the country.

[Vanguard] There are strong indica- tions that the realisation of the Federal Government's 2017-2020 Economic and Recovery Growth Plan, ERGP, may be scuttled as a result of inadequate and unstable power supply in the country.

source: AllAfrica News: Nigeria

Cross River Pays N2.2m for Fresh Toxicology Over Joy Odama’s Death

[Vanguard] Abuja -Cross River State Government, weekend, paid N2.2 million for fresh toxicology over the death of Joy Odama, a 200 Level student of Mass Communication Department of Cross River State University of Technology, CRUTECH.

[Vanguard] Abuja -Cross River State Government, weekend, paid N2.2 million for fresh toxicology over the death of Joy Odama, a 200 Level student of Mass Communication Department of Cross River State University of Technology, CRUTECH.

source: AllAfrica News: Nigeria

Share Scam At Partnerships – Investors Jostle to Recover N10bn Investments

[Vanguard] Investors in the nation’s capital market are strategizing on how to rescue their investments estimated at N10 billion which were trapped in the troubled Partnership Investment Company, PIC Plc and Partnership Securities Limited, PSL.

[Vanguard] Investors in the nation's capital market are strategizing on how to rescue their investments estimated at N10 billion which were trapped in the troubled Partnership Investment Company, PIC Plc and Partnership Securities Limited, PSL.

source: AllAfrica News: Nigeria