archiveOctober 2016

Debt Management Office (DMO) has launched a one-week roadshow to Britain and the United States to promote a planned $1 billion Eurobond issue to investors, a government official told Reuters on Tuesday. "The DMO is currently on a roadshow to the UK and U.S.," the official said, asking not to...

President African Development Bank Dr.  Akinwumi Adesina said on Monday in London that Nigeria needs to coordinate its fiscal and monetary policy more closely. According to reuters' report monitored by Business247 News Online, "I think the naira is devalued, but...monetary policy and also the fiscal policy that synchronisation, that is...

The business mogul and African richest man, Alhaji aliko Dangote has cleared the air that he was not interested in buying Nigeria’s assets. The Chairman of Dangote Group has been severely criticized for suggesting the sale of national assets to get Nigeria out of the current recession, he, however, broke...

To increase awareness on the critical role of market data in making sound investment decisions on both the buy and sell sides, The Nigerian Stock Exchange (NSE) has concluded plans to host its first market data workshop. The workshop is said to be specifically designed for Investors, Market Data Aggregators,...

  Strategy for growth – driven by PwC purpose Total workforce reaches new record - over 223,000 Supporting our clients with more than 15,800 people dedicated to technology services Over $500 million invested in quality and service development 11 million hours of training undertaken by PwC people across the world...

  … Covenant leads private universities ….Nasarawa tops state universities University of Ilorin in Kwara State has been named the first university of first choice among student-applicants for the 2016/2017 academic session. It was followed by 16 others from the federal, state and private universities, the Economic Confidential findings revealed....

Saudi Arabia has switched to the "Western" Gregorian calendar to pay its civil servants in one of a number of financial reforms announced by the Council of Ministers. The Kingdom has used the lunar-based Hijri calendar since it was founded in 1932, but switched to the solar-based Gregorian calendar for...

The Central Bank of Nigeria (CBN) has said that it will pursue price stability as an anchor for economic growth and attract foreign investors into the country even as the country battles recession and rising inflation. The Governor of CBN, Mr, Godwin Emefiele said in an interview with The Banker...

  United State’s industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017, a senior executive said on Monday. According to Reuters’ report monitored by Business247 News Online, "There are development projects where we are investing," Jay Ireland, Chief Executive of General Electric in Africa...

The Federal Government is now set to float bonds in the next couple of weeks to offset its huge pension arrears, Business 247 News Online has learnt. There are strong indication that the amount to be involved could be in the region of N100 billion, even as activities have reached...