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Central Bank of Nigeria CBN has issued a foreign exchange loan guideline for banks in which it increased the limit of banks’ foreign currency borrowings to...
The annual rate of the general rise in prices of goods and services in Nigeria fell for the second month in March, showing the positive impact...
The Central Bank of Nigeria (CBN) has released additional $250 million on 7 to 30-day forwards for agriculture, airline, petroleum products and raw materials. The Bank...
Market Statistics Wednesday, 12th April, 2017 Market Cap (N’bn) 8,822.2 Market Cap (US$’bn) 28.8 NSE All-Share Index 25,496.71 Daily Performance % 0.1 Week Performance % 0.1...
Minister of State for Petroleum Resources Mr. Ibe Kachikwu has said that Federal Government would commence payments of Joint Venture Cash Call arrears to international oil...
Unilever Nigeria PLC has disclosed that it plans to raise its authorised capital base at the forth coming annual General meeting in May 2017. At the...
Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured Eurobond...
…begins massive sale with $100m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium...
Market Statistics Monday, 10th April, 2017 Market Cap (N’bn) 8,867.0 Market Cap (US$’bn) 28.9 NSE All-Share Index 25,626.37 Daily Performance % (0.5) Week Performance % 1.4...
The BBC said it has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast oil field would be...
The Nigerian arm of Abu Dhabi telecom group Etisalat is yet to agree a deal on restructuring a $1.2 billion loan with banks after it missed...
Nigeria National Petroleum Corporation depot at Mosimi has reopen and resumed loading after almost a year, when a major pipeline was vandalised in May 2016, NNPC...
Etisalat Nigeria has denied the claim of patent infringement by V-Exchange Ltd. It will be recalled that the management of V-Exchange had claimed that it sent...
Central Bank of Nigeria CBN has decided to now sell shorter-dated dollar for future transaction in a bid to inject liquidity into the official foreign exchange...
Two oil majors Royal Dutch Shell and Eni have again said neither they as corporate entity nor their personnel had been involved in any wrongdoing in...