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Today, investors’ in ZENITH (-1.6%), GUARANTY (-1.8%) and DIAMONDBNK (-9.4%) lowered the benchmark index by 0.2% to 32,143.41 points as market capitalisation also shed N27.5bn to settle at 11.7tn while YTD loss worsened to -15.9%. However, activity level was...
Germany will lure thousands of finance jobs to Frankfurt from London after Britain exits the European Union — if the country’s Finance Ministry gets its way....
Kenya will in November sell 20-year amortised infrastructure bond worth 50 billion shillings (489 million dollars) just as Zimbabwe pushes to privatise airline. The proceeds will...
President Muhammadu Buhari currently attending the Paris Peace Forum has called for stringent actions against perpetrators of illicit financial flows. He also called for a crackdown...
Shoppers in China and across the world snapped up hot items including iPhones, furniture and milk powder starting pre-dawn, with Alibaba recording roughly $10 billion in...
Oil prices rose by about one per cent after top exporter, Saudi Arabia, announced a cut in supply for December. International benchmark Brent crude oil futures...
The African Development Bank (AfDB) has set five priorities elements to fast-track Africa’s economic transformation. The priorities are light up and power Africa; feed Africa; industrialise...
Former UBS Group AG trader Kweku Adoboli, a Ghanaian who was convicted for causing a $2.3 billion loss at the bank, was detained for a second...
The World Economic Forum has joined the Paris call for Trust and security in Cyberspace by President Macron of France. The initiative is the first government-endorsed...
The International Monetary Fund (IMF) has cautioned the Federal Government to be mindful of the country’s rising debt service to revenue ratio and take steps to...
Diamond Bank has said that no investors had come forward to inject cash into the company and that its board was reviewing all strategic options. The...
Nigerian officials will go on a roadshow to London next week ahead of a planned $2.8 billion Eurobond sale this month, two banking sources told Reuters...
Alhaji Muhammadu Sanusi II, the Emir of Kano and Chairman, Qua Iboe Power Plant Limited (QIPPL), says one billion dollars is to be invested in...
Federal Government’s domestic debt service has risen to N947.99 billion as at June 2018, a 37.04 per cent increase from the previous year’s N687.37 billion, the...
The value of projects with private sector participation reaching financial close in 2017 totalled $5.2 billion, of which $2.3 billion (44.8%) was privately financed. This fact...