In the last trading day of the week and ahead of holiday declared by the Federal Government to commemorate the Eid-el-Fitr, the Central Bank of Nigeria...
Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted the company by the...
As part of activities lined up to celebrate its centenary anniversary this year, Union Bank yesterday hosted its customers and other stakeholders in Rivers State to...
Exotic Capital a leading frontier and emerging markets investment firm based in the United Kingdom, has said that the most likely way out of the debt...
Indications are that the Nigeria monetary authorities are not happy with the way and manner Etisalat Abu Dhabi has acted in the debt saga that is...
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...
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...
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....
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,...
THE 106th session of the International Labour Conference, ILC, of the International Labour Organisation, ILO, weekend in Geneva, Switzerland to provide responses to contemporary crisis situations...
Etisalat Nigeria is engaged with its bankers and Abu Dhabi state investment fund Mubadala, the second-largest shareholder in the business, to resolve debt woes it said...
Oil prices has dropped to six-week lows, under pressure from high global inventories and doubts about OPEC’s ability to implement agreed production cuts. This has given...