Gombe State with N3.7b IGR borrows N5billion @16% for 7 years
Gombe state has concluded its bond offering raising 5 billion naira ($25 million) on a a 7-year bond with a 16 percent...
Finally, Afren agrees to a deal with bondholders that see shareholders lose 89% stake
Indebted oil producer Afren has reached a $300 million deal with bondholders that will provide it with vital funding by...
Lafarge Africa post 43% drop in profits, share price down 5%
Lafarge Africa released its 2014 Full year results Friday morning showing revenue was flat year on year. The company reported...
Lagos needs N690 billion to provide potable water to all residents
The Lagos Water Corporation requires N689.5 billion ($3.5 billion) to execute the state water master plan that would take the...
PIB: House of Reps recommends removal of presidential powers to issue Oil Licenses
Two years and about four months after the House of Representatives kick-started hearing on the Petroleum Industry Bill (PIB), yesterday...
United Capital (formerly UBA Capital) post 4.7% increase in earnings
United Capital (formerly UBA Capital) released its 2013 full year results showing Gross Earnings rose 2.2% to N4.6billion. Profit after tax...
Transcript of President Goodluck Jonathan’s remarks at the NSE on Thursday
This is a transcript of the President's remarks at the NSE We have the biggest Gross Domestic Product on the...
How Nigerian stock market performed following GEJ’s visit today (12/3/2015)
The Nigerian stock market welcomed President Goodluck Jonathan on Thursday following the trend set by General Ibrahim Babangida, President Yaradua. This...
See which African President is amongst the world’s best paid Leaders
Russia's President Vladimir Putin has recently taken a 10% pay cut on the back of the economic crisis his country...
Setback for AMCON as they fail to stop suit against nationalisation of BankPHB (Keystone Bank)
THE Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have lost their bid to stop...
