CATEGORY: BUSINESS NEWS

Naira Settled Currency Futures Records Highest Daily Trading Volume in October

The daily trading volume of Nigeria Settled FX currency futures   has plunged over the past weeks as the original...


Lagos State Threatens To Takeover These Abandoned Buildings in Ikoyi and VI. 

The Lagos State Government has threatened to “enforce relevant provisions of the law” if owners of abandoned properties in...






New Circular: CBN To Sell Dollars Direct To These Industries

The Central Bank of Nigeria has issued a new circular indicating that it will intervene in the forex market...


Abraaj Buys “Minority” Stake In Indorama Fertilizers. 

The Abraaj Group, a Dubai-based private equity investor has announced the acquisition of a minority stake in Indorama Fertilizers. Indorama is...








Buhari Submits 2017 Draft Budget To Senate With “Exchange Rate of N290/$1”

President Muhammadu Buhari on Tuesday submitted a draft budget for 2017 Fiscal year to the Senate for approval. The...


BOOM: Diageo Backs Out From Offer To Acquire More Guinness Nigeria Shares

Diageo Plc, the Parent company of Guinness Nigeria has informed investors that it is no longer interested in taking...




​This Is The Breakdown Of Oil Production In Nigeria Between July 2015 and June 2016

An analysis of the breakdown of contributors to the crude oil output of Nigeria between 2015 and...


MTN Explains ‘sacked workers’ Debacle

MTN explains some actions it took that were misconstrued as...