Equity market maintains downtrend, sheds 0.35%
Equity market maintains downtrend, sheds The downward trend of the local bourse was extended into the fifth consecutive day following sell offs in Guaranty Trust Bank ( percent) Seplat…
Oladipupo Jadesimi emerges FCMB Group chairman
Oladipupo Jadesimi emerges FCMB Group chairman FCMB has announced Mr. Oladipupo Jadesimi as new chairman of the group, following the approval of his appointment as a non executive director…
CWG expects lower earnings for 2017 year end
CWG expects lower earnings for 2017 year end Following the preliminary review of CWG Plc’s financial statements for the year ended 31 December 2017, it is expected that the…
Unity Bank debunks $1bn deal with Milost
Unity Bank debunks $1bn deal with Milost Contrary to a Bloomberg’s report claiming that Milost Global Inc plans to invest USD1 billion in Unity Bank Plc, the Bank has…
Buhari approves $15bn loan negotiation for Port Harcourt-Maiduguri rail project
Buhari approves $15bn loan negotiation for Port Harcourt-Maiduguri rail project President Muhammadu Buhari has approved negotiation for $15 billion loan for the completion of work on the Port Harcourt…
CBN injects $210 million into FX market
CBN injects $210 million into FX market Central Bank of Nigeria (CBN) on Monday released a total of $210 million into the interbank foreign exchange market. Acting Director of…
Ghana to name four lead advisors for $2.5bn Eurobond sale
Ghana to name four lead advisors for $ Eurobond sale Ghana is set to name four banks as lead advisers for a planned sale of up to $ billion…
MAN condemns Land Use Charge of Lagos State …Says it’s conspiracy against manufacturing sector
MAN condemns Land Use Charge of Lagos State …Says it’s conspiracy against manufacturing sector Kayode Ogunwale The Manufacturers Association of Nigeria (MAN) has said that the new Land Use…
Buhari’s govt borrowing to build national assets for economic growth-Adeosun
Buhari’s govt borrowing to build national assets for economic growth-Adeosun The Minister of Finance, Kemi Adeosun, has defended the country’s current trillion debt profile, saying the federal government was…
Equity market begins trading week with lose, sheds 0.25%
Equity market begins trading week with lose, sheds The Nigerian Stock market maintained a downward trend at the start of the week today as the All Share Index (ASI)…