Nigeria’s External Debt May Hit N6.31tn in 2018 Following the move by the federal government to issue foreign bonds to refinance maturing naira-denominated treasury bills, Nigeria’s...
Naira Rebounds From One-Week Low The Nigerian Naira rebounded on Tuesday against the United States dollar after the Central Bank of Nigeria injected $250 million into...
Stanbic IBTC Grows Half-year Profit by 113% Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has reported a profit after tax at N24.112bn for...
Investors, Regulators, Others Set for 2017 US-African Conference Investors, regulators, prominent business leaders, business owners, potential investors, policy makers, leading academics are among the invited speakers...
Investors’ Appetite Drops, Mobil, Jaiz, Okomu Top Losers Owing to weak investors’ appetite, the Nigerian equities market depreciated by N52bn, with Mobil Oil Nigeria Plc, Jaiz...
Foreign Private-equity Firm Targets Nigeria, Others EuroMena Funds, a Beirut-based private-equity firm that has raised $350m since 2006, is planning to almost double assets as it...
CBN Sells Another $250m to Prop up Naira Value The central bank of Nigeria on Monday sold another $250 million to reduce market illiquidity and prop...
Minister Inaugurates N500m Data Centre for Stock Exchange The Minister of Science and Technology, Dr. Ogbannaya Onu, on Monday in Lagos inaugurated a N500m Tier 3...
‘Nigeria Can Save $5.6bn Annually Through Digital Transformation’ Nigeria can save up to $5.6bn annually if it digitally transforms and integrates the information and communications systems...
Naira Declines to 370 as Forex Liquidity Drops The surge in foreign exchange demands have started weighing on the Naira value. The Nigerian Naira plunged N3...
