He said that the Delta Government had granted the approval of the revalidation of the project to the developer of the proposed $27.29 billion Escravos Industrial Complex ,ESIC, project in Delta.
According to him, the anticipated impact of the recapitalisation programme will include an increase in banks’ lending capacity, a boost in the volume of foreign direct investment ,FDI, and an increase in foreign exchange liquidity.
Hezbollah in Lebanon and Israel have been facing increasing cross-border tensions in recent weeks, which has fueled worries of an all-out conflict between the two groups that would include other regional countries, notably Iran, a major oil exporter.
In its latest move, the SEC has unveiled the e-DMMS, an initiative it sees as “another important step towards curbing the growth of unclaimed dividends and generally improving investor experience in the Nigerian capital market".