Africa Finance Corporation (‘AFC’), a leading pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond.…
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…begins massive sale with $100m …sells $10,000 each to BDCs The Central Bank of Nigeria (CBN) has opened a special Forex window…
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BusinessEconomyFinanceNewsStock Market
Equities open bearish as investors book profit … NSE ASI down 47bps
Market Statistics Monday, 10th April, 2017 Market Cap (N’bn) 8,867.0 Market Cap (US$’bn) 28.9 NSE All-Share Index 25,626.37 Daily Performance % (0.5)…
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BusinessEconomyFinanceNewsOil and Gas
Shell top executive knew of bribe given to Nigeria officials, new evidence on oil payments
The BBC said it has seen evidence that top executives at Shell knew money paid to the Nigerian government for a vast…
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The Nigerian arm of Abu Dhabi telecom group Etisalat is yet to agree a deal on restructuring a $1.2 billion loan with…
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Nigeria National Petroleum Corporation depot at Mosimi has reopen and resumed loading after almost a year, when a major pipeline was vandalised…
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Etisalat Nigeria has denied the claim of patent infringement by V-Exchange Ltd. It will be recalled that the management of V-Exchange had…
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Crude Oil price rose above $55 a barrel on Monday, supported by another shutdown at Libya’s largest oilfield and heightened tension over…
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Barclays has reprimanded Chief Executive Jes Staley and will cut his bonus for attempting to uncover a whistleblower’s identity, the British bank…
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Central Bank of Nigeria CBN has decided to now sell shorter-dated dollar for future transaction in a bid to inject liquidity into…
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Two oil majors Royal Dutch Shell and Eni have again said neither they as corporate entity nor their personnel had been involved…
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In its avowed determination to ensure ample supply of foreign exchange liquidity in the market, the Central Bank of Nigeria (CBN) on…
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African Maritime leaders under the aegis of Association of African Maritime Administration (AAMA) from across the continent are to be hosted by…
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BusinessEconomyNews
U.S. showcases business opportunities in Enugu, partners Governor Ugwuanyi on bilateral trade
The Foreign Commercial Service of the United States Diplomatic Mission to Nigeria concluded a four-day outreach (April 4-7) to Enugu State that…
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Fitch Rating Agency yesterday said that Zenith Bank is stronger than the rest banks in its own assessment of the capacity of…