Etisalat Nigeria is engaged with its bankers and Abu Dhabi state investment fund Mubadala, the second-largest shareholder in the business, to resolve…
Finance
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In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a…
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Foremost financial institution, Guaranty Trust Bank plc, has launched GTPATRIOT, a unique Salary Account Package which offers Nigeria’s servicemen and servicewomen…
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Oil prices has dropped to six-week lows, under pressure from high global inventories and doubts about OPEC’s ability to implement agreed production…
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Central Bank of Nigeria CBN plans to sell N133.24 billion worth of treasury bills at an auction next week, on behalf of the federal…
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Fitch Ratings has assigned Nigeria’s upcoming dollar denominated senior unsecured bonds a rating of ‘B+(EXP)’. The assignment of the final rating is…
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The Nigerian equities market rebounded to erase losses in the previous two trading sessions as the benchmark index rose 1.4 per cent…
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By Peace Gabriel Revenue generated from Value Added Tax VAT, into the federation account dropped by 1.25 per cent in the first…
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United Bank for Africa Plc (UBA) successfully raised USD500 million, though a debut Eurobond, which was 240% over-subscribed. The significant investor demand reflects the strong global…
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The Naira is set to be given further lift in the forex market with CBN’s injection of another $418 million into various…
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Debt Management Offices says it plans to sell a N100 billion sovereign (sukuk) non interest bond in Nigeria market this month to…
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Acting President Yemi Osinbajo has signed the 2017 appropriation bill into law. The event took place at the Vice President’s Conference Room…
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The Central Bank of Nigeria (CBN) has intervened in the inter-bank Foreign Exchange market to the tune of $413.5 million, further underscoring…
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Minister of State for Petroleum resources, Mr. Ibe Kachikwu said that the Federal Government has neither sold nor concession the country’s refineries to any individual…
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Efforts by the African Development Bank (AfDB) to upgrade Africa’s agriculture sector is yielding good results with about 5.6 million people benefiting…