16

Feb

MSMEs get free CAC certificates in Ogun

Micro, Small and Medium Enterprises in Ogun State have started receiving free Corporate Affairs Commission (CAC) certificates. About 6,500 MSMEs will benefit from this initiative by the Ogun Sate Government as it partners with the Federal Govermnet to empower entrepreneurs Beneficiaries of free CAC certificates applied through the formalisation track of the MSMEs Survival Fund. Governor Dapo […]

16

Feb

FG proposes N2.557tn for fuel subsidy

President Buhari has earmarked the sum of N2.557 trillion for fuel subsidy in the amended 2022 budget proposal sent to the National Assembly The amendment proposal is contained in a six-page letter sent to the House on Tuesday. In the letter, President Buhari is asking the National Assembly to approve the sum of N2.557 trillion supplementary budget[…]

16

Feb

MTN Nigeria’s public offer oversubscribed by 139.47%

The result of the first public offer of MTN Nigeria Communications ordinary shares has been published on the website of the Nigerian Exchange. According to the telecom giant: The offer was 139.47% oversubscribed, activating the allocation of an additional 86.25 million shares. Retail shareholders received full allotment despite over-subscription Institutional shareholders under the Bookbuild were pro- rated[…]