Africa Finance Corporation has added Zambia as its new member country. Zambia, becomes the first Southern African member country of Africa Finance…
Finance
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…Says Nigeria’s debt to GDP ratio is within a reasonable threshold The Honourable Minister of Finance, Mrs. Kemi Adeosun, on Wednesday, revealed…
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Trading at the Nigerian Stock market reversed the negative trend which began last week, as the All Share Index rose 33 basis…
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The Federal Government in pursuit of its objective of financial inclusion by attracting retail investors into the Bond Market, has generated a…
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Oando has taken the Nigerian Stock Exchange and Securities and Exchange Commission to court and has secured an injunction to stop the…
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The Central Bank of Nigeria (CBN) has, injected the sum of $195million into the inter-bank Foreign Exchange Market. Figures obtained from the…
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Shareholders of Ashaka Cement PLC have voted to sell off their stake in the company to Lafarge for the sum of N604…
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BusinessFinanceNews
Fidelity Bank grows PAT by 255% driven by non-interest income, declines in opex/ provisions
Fidelity Bank third quarter 2017 results released on the floor of the Nigerian Stock Exchange showed a remarkable growth on all key…
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Many Nigerian states will have to rev up their internally generated income and cut both expenditure and debt, to survive the next few…
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The World Bank Group has denied that the Bank disagreed with Honourable Minister of Finance, Mrs. Kemi Adeosun, over the borrowings by…
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The Nigerian Stock Exchange, NSE, has suspended trading in Nando’s shares on the floor of the Exchange. The decision it said is…
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The 36 states of the federation spent N2.67 billion to service external debt in September. The amount is contained in a report by…
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Nigerian Breweries Plc said it has enhanced small businesses with grants in Osun and Ekiti States through Goldberg’s Isedowo empowerment initiative, which…
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BusinessFinanceNews
Nigerian Banks return to Eurobonds a step to easing foreign currency maturity gaps–Fitch
Fitch Rating Agency has said that the return of Nigerian banks to the international bond markets to raise funds marks a small…
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The Nigerian Bourse opened this week in the green as the All Share Index (ASI) rose 0.3 per cent to 36,971.27 points,…