History As Lagos Raises N100 Billion Bond To Finance Infrastructure

History As Lagos Raises N100 Billion Bond To Finance Infrastructure

…Sanwo-Olu: ‘It’s A New Journey Toward Developing Lagos’ Lagos State Government has opened a new chapter in its stride towards attaining self-sustenance in finance and governance. Governor Babajide Sanwo-Olu on Wednesday, signed documents for the issuance of N100.33 billion bond, which the State raised from capital market to fund infrastructure and pressing capital projects. At … Read more

Union Bank, AIICO Insurance, Others Get Clearance To Seek FG Contracts

Union Bank, AIICO Insurance, Others Get Clearance To Seek FG Contracts

The National Pension Commission (PenCom) has released a list containing 237 organisations eligible to seek different federal government contracts in 2020. The agency explained that the companies were issued compliance certificates after meeting requirements on regulations concerning their employees’ contributions as contained in the pension’s law. The law, the Pension Refund Act 2014, requires firms … Read more