Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme....
The sell-offs on the local bourse continued today and the All-Share index fell 10bps to 42,000.01 points as a result of price declines in GUARANTY (-2.1%), WAPCO (-1.6%), and ETI (-4.8%). Consequently, the YTD return...
The Nigerian inflation rate further spiked to 13.71 per cent in September 2020 indicating 0.49% point higher than 13.22% recorded in August 2020. This means that...
The African Risk Capacity ARC, has said that it plans to launch a new product in 2021 to help member countries fight floods. ARC said at...
National Bureau of Statistics has said that banking industry witnessed a significant 41 per cent drop in non-performing loans (NPLs) last year. According to the NBS’s Selected Banking Sector Data...
Nigeria’s Department of Petroleum Resources ordered oil and gas companies on Thursday to reduce their workforce and practice social distancing, tightening measures to stem the spread...
The Nigerian Maritime Administration and Safety Agency (NIMASA) is set to again honour stakeholders at the annual dinner and awards night scheduled to take place in...
Former Ghanaian President Dramani Mahama has asked the Nigerian authorities to open its borders in the interest of ECOWAS. He said the unilateral closure of the...
Aker Energy and Africa Finance Corporation said that Mr. Samaila Zubairu has been appointed as Vice Chairman of Aker Energy Board of Directors. Mr. Samaila Zubairu...
A research by Nexford University shows that over 30 million job vacancies are available for Nigerians. Vice-President of Academic Innovation at the university, Robin Johnston, made this...
Further to the circular issued by NAICOM on May 20, 2019 increasing the paid up share capital of Insurers and reinsurers in Nigeria and, the subsequent...
The Mastercard Foundation today announced Young Africa Works in Senegal, an initiative that aims to enable three million young people to access dignified and fulfilling work...
The Nigerian Stock Exchange (NSE) reopened for the week on a bearish trend, amid persistent sell pressure. Specifically, the All-Share Index dipped 56.73 points, representing a...
Hundreds of existing and start-up entrepreneurs based in Oyo State have benefitted from the seventh edition of the First City Monument Bank (FCMB)-organised free comprehensive capacity...