Etisalat Nigeria has said that the outstanding on the $1.2 billion syndicated loan is about $500m, N165 billion. It said that the $1.2 billion loan was...
Market Statistics Wednesday, 21st June 2017 Market Cap (N’bn) 11,576.6 Market Cap (US$’bn) ...
The pound pushed above $1.27 on Wednesday, erasing losses following hawkish comments made by the Bank of England’s chief economist. “Provided the [economic] data are still...
Managing Director and Chief Executive Officer (MD/CEO) of Bank of Industry, Mr. Pitan Olukayode has indicated the bank’s interest to seek more areas of collaboration...
A row has erupted in South Africa between Civil Society Group and the government over the status of South Africa Reserve Bank. While Finance Minister insists...
Atlas Mara Ltd, the African investment vehicle of former Barclays boss Bob Diamond, said that it plans to raise $200 million to increase its stake in...
Nigeria Customs Service has said that advanced cargo manifest must be submitted to it at least seven days before the arrival of every vessel at the...
Aliko Dangote, President Dangote Group, said that the poor state of port roads is causing a weekly loss of about N140 billion to the federal government....
Oil on Tuesday marked its lowest finish since August, with prices sinking into bear-market territory as investors remained concerned that rising output from the U.S. and...
The Federal Government got a total payment of 539.578 million Yuan, about $81.329 million, from a Chinese oil firm, the China National Offshore Oil Corporation (CNOOC)...
Parent company of Nigeria’s fourth largest GSM service provider Etisalat UAE shareholding in Etisalat Nigerian has been warehoused in a trustee that will find a buyer...
Following its intervention in the inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central Bank of Nigeria (CBN) on Monday,...
Nigerian National Petroleum Corporation, NNPC has said that vandalisation of crude oil pipeline dipped by 12.77 per cent, from 94 incidences in March 2017 to 82...
Statistician General Dr. Yemi Kale has said that Nigeria will be fully out of recession by 2018. He gave the indication in an interview with Economic...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has stated that the Agency will ensure that Nigerians benefit optimally...