The country plans to raise between N250bn and N340bn ($794.91m -$1.08bn) in local currency-denominated bonds in the fourth quarter of this year, the Debt Management Office...
Access Bank Plc is set to issue the first Eurobond from Nigeria in almost two years after choosing banks to arrange a new deal. Nigeria’s fourth-largest...
The naira sustained its decline on the parallel market as it slipped to N445 to the dollar yesterday, lower than the N440 to the dollar it...
FG Plans to Sell 5% of its NLNG Shares The Federal Government is planning to sell at least five per cent of its shares in the...
The Nigerian National Petroleum Corporation, NNPC, weekend disclosed that it paid $48.99 million to the Federation Account in two months, June and July 2016. The NNPC,...
Wema Bank Plc has transferred its majority equity stake in the 56-year-old Great Nigeria Insurance (GNI) Plc to Insurance Resourcery and Consultancy Services Limited in a...
The Minister of Finance, Mrs. Kemi Adeosun, will on Tuesday meet with the commissioners for Finance from the 36 states of the federation on options available...
Global technology company, MasterCard has stepped up its investment in Africa as it launched its startup engagement program ‘Start Path Global’ for year 2016. The payment...
Banks have been frequenting the Central Bank of Nigeria (CBN) Window to borrow cash to boost their liquidity positions, according to the CBN Economic Report for...
The Nigerian banking sector’s profit fell by 28.4 per cent in the 2015 financial year, the just released Afrinvest 2016 Banking Sector Report showed. The report,...
