The Nigerian Sovereign Investment Authority, NSIA, manager of the Sovereign Wealth Fund, SWF, weekend, assuaged fears over the prevailing challenging global economic…
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Trading activities on the Nigerian Stock Exchange (NSE) for the second consecutive day maintained a downward trend with the market capitalisation losing…
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United Bank for Africa Plc yesterday in Lagos announced profit before tax (PBT) of N39.0 billion and after tax profit of N32…
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PenCom issues draft guidelines on RSA withdrawals for residential mortgage
The National Pension Commission (PenCom) has issued draft guidelines on withdrawals from Retirement Saving Accounts (RSA) for equity payment of residential mortgage.…
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Actis, a pan-emerging market investor said it has invested over $300 million (N5.91billion) in Nigeria to date, while it made an investment…
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Indication emerged weekend that about 10 million barrels of Nigeria crude oil cargoes for September-loading are still looking for buyers, and face…
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More than 200 delegates and 65 industry stakeholders from more than 25 countries are expected to attend the RemitAfrica2015 event in Lagos…
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The Nigerian National Petroleum Corporation (NNPC) Wednesday confirmed the cancellation of crude oil swap contracts as well as Offshore Processing Contracts (OPA),…
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—Zamfara and Kwara gets funds —Others to follow By Omoh Gabriel Two out of the 27 states that apply to Central Bank…
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By Omoh Gabriel Indications emerged that banks in the country are now in a dilemma on what to do with an estimated…
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How Shareholders Frustrated Afren’s Board’s Refinancing, Restructuring Plan
Indications emerged weekend that Afren Plc may be sold in bits as no company has agreed to acquire it because of its…
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Nigerian Banks involved in syndicate financing of Afren Plc’s onshore and offshore activities are at risk of losing $185 million (N31.45 billion)…
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Investors at the Nigerian Stock Exchange (NSE) on Thursday staked N5.28 billion on 2.87 billion shares traded in 4,014 deals in massive…
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Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Emmanuel Kachikwu, on Thursday, canvassed for speedy deregulation of the nation’s oil and…