NEM Insurance Plc said that Advanced Finance and Investment Group (“AFIG Funds”), a leading African private equity fund manager has, through AFIG Fund II, completed an...
The African Export-Import Bank (Afreximbank) has in Cairo signed a facility agreement lending $170 million to Egypt-based conglomerate Orascom Investment Holding (OIH) to assist the company...
The Central Bank of Nigeria (CBN) has rolled out measures to ensure that at least 80 per cent of Nigerians have access to banking and other...
The gaining streak in the local bourse was sustained into today’s trading session as buying interest in DANGCEM (+1.1%), NIGERIAN BREWERIES (+1.0%) and ETI (+2.2%) drove...
The bullish run on the Nigerian Stock Market was sustained into the 5th consecutive session as the All Share Index (ASI) rose 1.1 per cent to...
The African Development Bank (AfDB) has said that it approved $32.5 million equity investment in Climate Investor One’s Construction Equity Fund (CEF). The amount was approved...
The Bauchi State Board of Internal Revenue has projected N15 billion for the 2019 fiscal year, the Chairman, Mr Hussain Jibo, said. Jibo told the News...
The local bourse maintained an upward trend today, posting gains for the 4th consecutive session due to buying interest in ZENITH (+0.7%), DANGSUGAR (+3.9%) and STANBIC (+2.9%). Consequently, the All Share...
Vice President Yemi Osinbajo has launched the Nigeria corporate governance code. In his opening remarks at the ceremony he said “I would like to thank the...
Access Bank and Diamond Bank Plc have obtained approval in principle from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on...
National Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria (CBN), will converge on Abuja on Thursday, January 17 and Friday, January 18,...
The domestic bourse opened the first trading session of the week on a positive note as gains in DANGCEM (+1.7%), FBNH (+1.4%) and DIAMOND (+3.9%) drove the...
The Central Bank of Nigeria (CBN) on Friday, January 11, 2019, injected the sum of $263m into the Retail Secondary Market Intervention Sales (SMIS), being its...
The Federal Government has decided to use the N100 billion Sovereign Sukuk bonds proceeds to construct 642.69 kilometres of roads across in Nigeria. The cheque for...
The domestic equity market had an uptick in performance as the All Share Index (ASI) gained 0.6% recovering from a losing streak this week to close...