Trading activities on Wednesday remained on a negative trend at the Nigeria Stock Exchange as major blue chip equities recorded price losses leading to further depreciation...
African phone tower group IHS plans to sell 25 percent stake in its telecom infrastructure business to European investment firm Wendel for $125 million to fund...
Nigeria’s Starcomms has agreed a $210 million investment deal with investor group Capcom Limited for a 90.5 percent stake in the telecom business, the stock exchange...
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said that the allegation that the commission moved five oil communities from Rivers to Bayelsa was misleading. The...
The Central Bank of Nigeria (CBN) says the nation’s external reserves has risen to 42.56 billion dollars on Oct. 29, up from $42.31 billion on Oct....
Chief Executive of the Nigerian Stock Exchange (NSE) Mr Oscar Onyema has advised agro-allied companies to seek long-term development funds from the nation’s bourse. Onyema made...
President Goodluck Jonathan has ordered the two other committees set up to look into the country’s petroleum industry to submit their reports on Friday, November 2,...
Foreign exchange sales fell sharply by 69 per cent to $43.5 million at the bi-weekly auction conducted by the Central Bank of Nigeria (CBN) yesterday. Results...
By Omoh Gabriel The outgoing Group Managing Director of Union Bank PLC Mrs Funke Osibodu in her valedictory Media chat yesterday said that the Bank is...
Two weeks ago while in Tokyo at the conclusion of the 2012 IMF/World Bank Group Annual meetings, the CBN Governor, Sanusi Lamido Sanusi, decried the dollarisation...
