Nigeria’s external debt stock stood at $22 billion as at June 30, 2018. Federal Government share of the debt stood at $17.8 billion, while states and...
Today, the bearish sentiment persisted in the local bourse as sell pressures in bellwethers – GUARANTY (-2.7%), DANGCEM (-0.4%), STANBIC (-2.6%) and ZENITH (-1.6%) – led...
In line with its Economic Recovery and Growth Plan to boost job creation and the economy, the Buhari administration will continue to create the right environment...
A global network of NGOs has signed a ‘game-changing’ insurance policy, intended to pay out if a drought hits Senegal, enabling aid agencies to offer live-saving...
With the aim of giving people around the world a new way to discover great videos and interact with friends, content creators and other fans, Facebook...
MTN Nigeria has denied involvement in any illicit financial transactions as reported by the Central Bank of Nigeria. Reacting to CBN letter to MTN to refund...
A $200 million fund put in place by the Nigerian Content Development and Monitoring Board (NCDMB) is now ready for disbursement at single digit interest rate....
…Standard Chartered – N2.4 bn …Stanbic IBTC – N1.8 bn …Citibank – N1.2 bn …Diamond Bank – N0.25 bn …writes MTN to...
African Development Bank (AfDB) and the Food $100m to and Agricultural Organisation (FAO) have agreed to commit $100 million to fight hunger in Africa. The joint...
United Kingdom said it plans to mobile a total sum of £8 billion to invest in public and private sector institutions in Africa in order to...
In its drive to ensure that Nigerians have wholesome nutritious meals, especially breakfast, Nestle Nigeria Plc says it will continue to leverage on its Creating Shared...
The Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. The Corporation disclosed...
As expected, it was a bull’s market today as the local bourse closed positive. The All Share Index (ASI) rose 53bps to 35,516.21 points, YTD loss...
President Muhammadu Buhari has identified maritime sector as rich with untapped assets which the government is repositioning to drive the economy and promote diversification. Buhari stated...
The Central Bank of Nigeria (CBN), has injected another sum of $210 million into the inter-bank Foreign Exchange Market, in its desire to ensure that forex...