AfreximBank signs $1bn petroleum exploration deal with NNPC
The Export-Import Bank (AfreximBank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement […]
BUSINESS
Nigeria’s economy grows by 4.03% in Q3 of 2021 — NBS
The Federation’s General Statistician and Head of the National Bureau of Statistics, Simon Harry has said the country’s economy grew 4.03% in the third quarter […]
NGX spotlights SPACs as a viable alternative route to public markets
BY TENEBE ANTHONIA, Lagos – In recognition of the role Special Purpose Acquisition Companies (SPACs) play in catalyzing economic growth through public markets Nigeria and […]
South East residents pay highest average price for petrol in October – NBS
By JOY ADARA, Abuja- The National Bureau of Statistics (NBS) has revealed that South East residents paid the highest average price for Premium Motor Spirit […]
NGX highlights opportunities for diversification in Nigeria’s capital market
By TENEBE ANTHONIA, Lagos – Nigerian Exchange Limited (NGX) has expounded on the various opportunities available to investors to diversify their portfolios at its Retail […]
Airtel Africa reaches 2nd closing of Airtel money minority investments
By TENEBE ANTHONIA, Lagos – Airtel Africa Plc has reached the second closing relating to the Airtel money minority investment transactions with TPG’s The Rise […]
MTN Nigeria lists N110bn Series 1 bond on FMDQ exchange
By OLA MUDOPE, Lagos – FMDQ Securities Exchange Ltd. (FMDQ Exchange) has approved the listing of MTN Nigeria Communications (MTN Nigeria) N110 billion Series 1 […]
FCCPC, CBN, EFCC, others to investigate rights violation in money lending
The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have commenced rights violation […]
Nigeria’s inflation decreases further to 15.99% in October
The Consumer Price Index (CPI) which measures inflation increased by 15.99 per cent (year-on-year) in October 2021, the National Bureau of Statistics (NBS) has revealed. […]
CBN grants Airtel Africa approval for super agent
The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, approval in principle to operate as a […]
Nigeria, most attractive investment destination in Africa – FirstBank, BOI
With population in excess of 200 million and access to market across the continent, Nigeria is the most attractive destination for investment in Africa, economic […]
NCC 2021 BMR: Akande, Danbatta commit to drive next phase of industry growth
As the three-day 2021 Board and Management Retreat (BMR) organised by the Nigerian Communications Commission (NCC) comes to a close, the Executive Vice Chairman and […]
Islamic Devt Bank to boost export capabilities of 200 Nigerian SMEs, agripreneurs
iProduce Africa, an agribusiness hub sponsored by the Islamic Development Bank (IsDB), says it has concluded plans to train no fewer than 200 Small and […]
Customers laud Made-in-Aba products, commend trade fair organisers
Customers on Saturday, expressed satisfaction with the quality of products displayed by the exhibitors at the ongoing 8th edition of Made-In-Aba Trade Fair in Abuja. […]
Nigerian government, Twitter in near-resolution of misunderstanding
By JACOB KUBEKA, Abuja – The Federal Government of Nigerian may have finally resolved the issues it has had with American microblogging and social networking […]
FIRS Chairman, Muhammad Nami, elected 15th President of Commonwealth Tax Administrators Forum
Pledges to tackle global challenges to taxation … By JOY ADARA, Abuja – The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami, […]
Gold continues to rise on higher U.S. inflation concern
Gold futures on the COMEX division of the New York Mercantile Exchange continued to rise Thursday on higher U.S. inflation concern. The most active gold […]
Yuletide: Access Bank partners Konga to offer free deliveries
By OLA MUDOPE, Lagos – Access Bank Plc has partnered with Konga to offer free deliveries and 10 per cent discount on every item purchased […]
Ecobank Group unveils top 5 finalists for 2021 Fintech challenge
Ecobank Group on Thursday announced two Fintechs in Nigeria and three others as the five finalists of the 2021 Fintech Challenge. The Challenge is designed […]
OPEC revises 2021 world oil demand downward to 5.7 mb/d
The Organisation of the Petroleum Exporting Countries ( OPEC) has revised the 2021 world oil demand forecast downward to 5.7 million barrels per day. OPEC […]