archiveJune 20, 2017

Ahead of one more meeting tomorrow afternoon with all 36 State Governors to conclude his consultative sessions over certain ethnic agitations and exchanges between some groups in the South-East and the North, Acting President Yemi Osinbajo, SAN, has affirmed the readiness of the Federal Government to protect the territorial integrity...

The Nigerian Stock Exchange All-Share Index (NSE ASI) and the Market Capitalization increased by 0.71 per cent, while the Year-to-Date return stood at 27.91 per cent. The All-Share Index closed at 34,375.60 against the previous close of 34,134.67 while Market Capitalization closed at ₦11.887 trillion against previous close of ₦11.804...

Nigeria's Forte Oil plans a 20 billion naira ($66m) share sale to institutional and high net worth investors and has applied for regulatory approval, it said on Monday. The energy firm said the capital raising will be done as a public offer for shares through a book building process to...

The Federal government of Nigeria has successfully raised $300 million at coupon rate of 5.625 per cent for a tenor of five years in its First Diaspora Bond in the international capital market. According to the Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, in a statement...

Following its $800 million dollars intervention in the inter-bank Foreign Exchange (FOREX) Market last week, the Central Bank of Nigeria (CBN), on Monday, injected 195 million dollars into the market to meet the requests of customers in the various segments of the market. The acting Director, Corporate Communications, Mr. Isaac...

* OPEC supply jumps in May as Libya, Nigeria output recover Oil prices steadied just above seven-month lows on Tuesday after news of increases in supply, at which has undermined attempts by OPEC and other producers to support the market through reduced output. Benchmark Brent was up 15 cents at...

Access Banks and other local and foreign banks have taken over the management of telecommunication company, Etisalat Nigeria effective June 15. The take-over came as a result of failure of Emerging Markets Telecommunications Services (EMTS) promoted by one-time Chairman, United Bank for Africa (UBA) Hakeem Bello-Osagie, to reach agreement with...