28 C
Lagos, Nigeria
Monday, September 25, 2017

Analysts expect forex to slip as CBN injects another $221m

As part of efforts to sustain its defense of the naira, the Central Bank of Nigeria (CBN) on Thursday sold $221,371,218.04 to banks in...

Standard Bank Group appoints Sola David-Borha CEO, Rest of Africa

Sola David-Borha has been appointed as Chief Executive, Africa, Standard Bank Group. She has resigned her position as Chief Executive of Stanbic IBTC Holdings PLC,...

N30b unclaimed dividend paid to investors

Investors get N30b unclaimed dividends as SEC extends free registration period Over N30 Billion has so far been paid to investors in the Nigerian capital...

$300m diaspora bond out in March-Adeosun

The Minister of Finance, Mrs Kemi Adeosun, yesterday said the $300 million Diaspora bond approved by the National Assembly would be rolled out in...

Nigerians Vent Frustrations On President Buhari as Costs Soar

With Christmas just weeks away, Dolapo Beckley was among a throng of shoppers haggling at a market in Nigeria's commercial capital Lagos, where the...

FEC approves executors for $1bn Euro bond

…Gazettes board of trustees to  manage Ogoni cleanup funds From Juliana Taiwo-Obalonye and Uche Usim, Abuja The Federal Executive Council (FEC) has approved the appointments of transaction...

Court bans Zuckerberg, Gates-backed schools

Uganda’s High Court on Friday ordered the closure of a chain of low-cost private schools backed by Microsoft and Facebook founders Bill Gates and...

Dollar rises on US rate bets, Asia markets struggle

The dollar rose in Asia Tuesday as the chances of an interest rate hike were further boosted, while most stock markets recovered from early...

Nigeria spends N1trn on 4 food imports annually – FG

Massive importation of food, especially, rice, wheat, sugar and fish, has continued to bleed the nation’s economy, with the four items accounting for a whopping...

MTN sets for listing on NSE

MTN Nigeria said it would take immediate steps to ensure the listing of its shares on The Nigerian Stock Exchange (NSE) as "soon as...