The Nigerian Stock Exchange (NSE) has announced the suspension of trading on the shares of Paints…
Industry
SEC raises alarm over suspended investment firm
The Securities and Exchange Commission (SEC) has advised investors to shun a proposed restructuring plan by Partnership…
External reserves drop further, lose $99m
Data obtained from Central Bank of Nigeria reveals that the nation’s foreign exchange reserves have declined…
AMCON hails CBN on new lending policy
The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has commended the…
Julius Berger targets 25% growth in 2018 revenue
The Managing Director of Julius Berger Nigeria Plc, Wolfgang Goetsch recently disclosed that the company forecasts…
Shareholders approve CSCS N3.5 billion total dividend
Shareholders of the Central Securities Clearing System (CSCS) on monday approved the company’s total dividend…
Investors of GSK endorse firm’s N8.4b special dividend
Shareholders of GlaxoSmithKline Consumer (GSK) Nigeria Plc have endorsed the company’s special dividend of N8.49 billion…
Fidelity Bank’s shareholders applaud $400m Eurobond
Shareholders of Fidelity Bank Plc, at the weekend, commended the lender for the success of its…
CBN tasks e-payment stakeholders on cost, shared services, integrity
The nation’s financial technology operators in the payment system and banks have received a charge to…
Intra-regional trade will expand economic growth and development – Afreximbank
The President of African Export-Import Bank (Afreximbank) Benedict Oramah, recently said that Intra-regional trade will expand…
CBN issues new forex circular to banks and BDCs
The Central Bank of Nigeria (CBN) has directed all commercial banks in the country to sell…
Free trade deal: African ministers back AfCFTA
Despite opposition by Nigeria’s private sector operators against the proposed African Continental Free Trade Area (AfCFTA)…
Domestic financing critical to economic growth- Kuru
The Managing Director, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has said that…
Nigeria’s industrial production declined by 41% –AfDB
The African Development Bank revealed that Nigeria’s industrial value dropped by 41 per cent between 2012…
FAAC shares ₦701 billion among 3-tiers of Government
The Federation Account Allocation Committee (FAAC) yesterday shared ₦701.022 billion to the three tiers of government…
FG woos foreign investors to boost the economy
The Federal Government is targeting to get fresh investments from over 190 investors from 40 countries…
U.S Investor to provide $10bn for Nigeria’s rail projects
Ameri Metro Incorporation, a United States-based company, on Monday declared its readiness to provide $10bn…