Africa needs $170bn annually to meet infrastructure requirement – AfDB
Africa needs $170bn annually to meet infrastructure requirement – AfDB The African Development Bank (AfDB) has said that Africa needs about $170 billion annually to meet its infrastructure requirement.…
Nigeria’s Internet fraudsters zero in on corporate email accounts
Nigeria's Internet fraudsters zero in on corporate email accounts West Africa’s infamous internet scammers have evolved, dropping their impersonations of online love interests, princes and soldiers in favour of…
Nigeria, China Sign $2.5bn currency swap agreement
Nigeria, China Sign $ currency swap agreement The Central Bank of Nigeria (CBN) has announced the execution of a $ bilateral currency swap agreement with the Peoples Bank of China…
NSE, LCCI collaborate to promote investment friendly policies
NSE, LCCI collaborate to promote investment friendly policies The Nigerian Stock Exchange (NSE) and Lagos Chamber of Commerce and Industry (LCCI) have partnered to promote investment friendly policies in…
Foreign investors spend N381.8bn in stock market in Q1 2018
Foreign investors spend in stock market in Q1 2018 Kayode Ogunwale Foreign portfolio investment have invested billion in the Nigerian stock market during the first quarter of 2018. The…
Forte Oil to sell some Nigerian assets, pull out of Ghana
Forte Oil to sell some Nigerian assets, pull out of Ghana Forte Oil said it plans to sell its upstream services and power businesses in Nigeria and divest from…
CBN to remove bank executives if annual accounts not release
CBN to remove bank executives if annual accounts not release Central Bank of Nigeria (CBN) is planing to introduce regulations that will enable it to remove bank executives if…
Heritage Bank pledges continuous support for BBNaija
Heritage Bank pledges continuous support for BBNaija Heritage Bank Plc, Nigeria’s most innovative banking service provider, has said it would continue to partner with MultiChoice Nigeria Limited, owners of…
Fidelity Bank may issue local debt to boost lending
Fidelity Bank may issue local debt to boost lending Fidelity Bank Plc is considering issuing local debt to raise funds to boost lending and has increased provisions against indebted…
NSE ASI sustains positive trend into the month of May…..records 0.09% gain
NSE ASI sustains positive trend into the month of gain The Nigerian equities market began the month of May on a bullish note as All Share Index inched higher…