Credit rating agency Standard and Poor’s (S&P) has downgraded South Africa‘s rating to BB+ -status, as the country’s currency continued to slide following a major cabinet...
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...
Crude Oil price rose above $55 a barrel on Monday, supported by another shutdown at Libya’s largest oilfield and heightened tension over Syria following the U.S....
Barclays has reprimanded Chief Executive Jes Staley and will cut his bonus for attempting to uncover a whistleblower’s identity, the British bank said, dealing a blow...