$12.5 Eurobond: Nigeria Faces Higher Debt Cost Nigeria’s debt service cost and refinancing risks will rise with issuance of $2.5 billion Eurobond in the first quarter,...
TECNO May Consider Assembly Plant in Nigeria Having established smartphone assembling plant in Ethiopia, serving the African markets for TECNO brand, the mobile phone manufacturer may...
Vodacom Business Set to Enhance Internet Connectivity in Nigeria Vodacom Business Nigeria and Intelsat S.A. have announced an agreement to expand its enterprise broadband connectivity in...
Afreximbank Signs $100m Agreement with Indonesia Eximbank The African Export-Import Bank (Afreximbank) and the Indonesia Eximbank yesterday in Bali, Indonesia, entered into an agreement to commit...
Two Firms Collaborate on Renewable Energy Cars45, a used-car buying service, said it had signed a deal with Rensource, a renewable energy firm, on power supply...
Customs Net N1.63bn from Smugglers, Duty Evaders The Nigeria Customs Service, Federal Operations Unit Zone A’ Ikeja has announced that between March 19 and April 9,...
Six Months After, NSE Lifts Suspension of Oando Shares The Nigerian Stock Exchange lifted the technical suspension placed on the shares of Oando Plc on Wednesday,...
WEMA Bank Posts N3.01bn Pre-tax Profit for 2017 Wema Bank Plc said it posted a profit before tax of N3.01bn for the year ended December 31,...
Naira Drops to 363/Dollar The naira recorded marginal weakness at the parallel market on Wednesday, one week after the Central Bank of Nigeria’s Monetary Policy Committee...
CBN’s Unconventional Silence on Interest Rate Views expressed and positions taken on any economic policy by the Managing Director, Financial Derivatives Company, Mr Bismark Rewane, cannot...