Index to Nigerian Newspapers

As the quest to achieve energy security hots up , the federal government plans to attract fresh $18bn billion investment s  into the petroleum sector , with special interest in gas and other cleaner energies. The chief  upstream investment officer of the NNPC upstream investment management services NUIMS, mr Bala wunti made the disclosure in Abuja on wednesday , at panel session themed'' The investors perpective  Assessing the attractive of Nigerias' energy sector '' which held  on sidelines of the 22nd edition of theNOG Energy week.The panel discussed blight stunting the growth and blocking the nation from harenessing the bounties in the sector. panelists aiso discussed the funding for non production and the petroleum industy Act had on the investors' appetite.

The Director General of the Small and Medium Enterprises Development Agency (SMEDAN), Dr. Olawale Fasanya said the agency in partnership with JAiz Bank will commence the disbursement of N1.2 billion matching funds to Micro, Small and Medium Enterprises across the country. Fasanya stated this on Monday in Abuja at a press briefing to commemorate this year’s World MSME day which had theme “Building a stronger future together”. According to him, “SMEDAN have over N600 million match funds on ground and Jaiz Bank is matching it with another N600 million which means there is about N1.2 billion available and when we get our allocation for this year, we will expand,” he said. The DG noted that “The intervention delivers credit as a promotional mechanism to enhance enterprise output, competitiveness and job creation. Prospective beneficiaries can access loans between N500,000 and N2.5M”. Fasanya further stated that plans are on the way to establish the SMEDAN investment company to run its other operations asides the normal subvention it receives from the government, adding that the agency is expecting its operational license soon from the Central Bank of Nigeria to commence operation of the SMEDAN micro-finance bank where MSMEs can access credit easier.

Zenith Bank Plc's shareholders unanimously approved the proposed final dividend payment of NGN2.80 per share at the bank's 31st Annual General Meeting (AGM), which was held yesterday in Lagos. This brings the total dividend for the 2021 financial year to N3.10 per share with a total value of NGN97.33 billion. Sir Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), commented on the dividend payout and expressed the delight of shareholders over Zenith Bank's consistent dividend payments, noting that the bank's shares continue to be the talk of investors because the bank has never missed a dividend payment.

Zenith Bank Plc's shareholders unanimously approved the proposed final dividend payment of NGN2.80 per share at the bank's 31st Annual General Meeting (AGM), which was held yesterday in Lagos. This brings the total dividend for the 2021 financial year to N3.10 per share with a total value of NGN97.33 billion. Sir Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN), commented on the dividend payout and expressed the delight of shareholders over Zenith Bank's consistent dividend payments, noting that the bank's shares continue to be the talk of investors because the bank has never missed a dividend payment.