L-R, Non-Executive Director Dangote Cement Plc, Emmanuel Ikazubor, Chief Executive Officer of The Nigerian Stock Exchange (NSE) Oscar Onyema, Group Managing Director/ Chief Executive Officer Dangote Cement Plc, Engr. Joseph Makoju, Non-Executive Director Dangote Cement Plc, Ernest Ebi, Group Chief Finance Officer Dangote Cement Plc, Brian Egan, at the Dangote Cement Plc Closing Gong Ceremony, Floor of Nigerian Stock Exchange Lagos on 6th June 2018.

Daily update on Treasury Bills, Bonds, Forex, oil price and more

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as T-bills, bonds, FX rates, inflation, oil price.

World Bank cites Nigeria and others as causes of slowed growth in Africa

The World Bank, yesterday, disclosed how slowed economic growth in some key African economies - Nigeria, South Africa, and Angola - is affecting the rest of the continent.

FIRS issues public notice on implementation of the revised 2018 Transfer pricing regulations

Recently, the Federal Inland Revenue Service (FIRS) issued the Income Tax (Transfer Pricing) Regulations, 2018 (the 2018 TP Regulations), which replaced the Income Tax (Transfer Pricing) Regulations, 2012.
Nigerian-stocks

Daily update on Treasury Bills, Bonds, Forex, oil price and more

Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as T-bills, bonds, FX rates, inflation, oil price. Seplat Eurobond...

This Nigerian student has invented a bitterleaf machine

There is a new invention in Nigeria- a bitterleaf processing machine.

Here’s why ATCON has issues with CBN’s decision on MTN

The Association of Telecoms Companies of Nigeria (ATCON) has voiced support for their member, while criticising the apex bank's decision. 
MTN stand at TechFest 2018

The CBN vs MTN logjam could have ripple effects – Analysts

As the conversation continues about the CBN order requiring MTN to repatriate $8.1 billion to Nigeria as well as the sanctions imposed on 4 banks,...

How to make side money from the World Cup

Here is a quick list of things you can engage in during this period of the World cup that will sure get you some cash.
CBN Governor Godwin Emefiele

Growth in Nigeria’s manufacturing sector reduced in May

The Central Bank of Nigeria (CBN) said that the country's manufacturing sector recorded slower growth in May, despite a relatively fair Purchasing Managers Index...
Ahmed Kuru

AMCON hails CBN on new lending policy

The Managing Director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru, has commended the directive of the Central Bank of Nigeria (CBN)...

Julius Berger targets 25% surge in 2018 revenue

Managing Director, Julius Berger Nigeria Plc, Wolfgang Goetsch says the company forecasts a 45 percent jump in 2018 revenue as the country recovers from a...

Century Petroleum confirms reverse merger with Ibeto Group

Century Petroleum has confirmed that it has entered into a binding letter of agreement with Ibeto Cement Company Limited. In the agreement which outlines the proposed...

Peugeot confirms Dangote’s plans to build new assembly plant.

The representative of Peugeot Automobile France in Nigeria, Eric Maydiey, has given reasons why the automobile company granted Dangote Group the franchise to construct and...

Shareholders approve Forte oil restructuring plans

Shareholders of Forte Oil Plc have approved the company's plan to restructure its business operations. At the 39th Annual General Meeting (AGM) in Lagos, shareholders...

Banks explain why they have no confidence in a ‘Teleology owned’ 9 Mobile

Nigerians Banks have expressed reservations at 9 Mobile's ability to remain viable post-acquisition by Teleology. Banks are concerned of the sustainability of 9 Mobile...
Femi Otedola Chairman Forte Oil Plc

Forte Oil’s proposed business restructuring could be upsetting some shareholders

Apprehension is said to be building up as stakeholders of Forte Oil Plc meet next week Monday for the company's Annual General Meeting (AGM)....
Mary Uduk

SEC: Unity Bank, Milost Global deal still under investigation

The Securities and Exchange Commission (SEC) on Monday said it is still investigating the alleged one billion dollars investment in Unity Bank Plc by...

Seplat has been accused of violating local content policy

The Nigerian Content Development and Monitoring Board (NCDMB) has ordered Seplat Petroleum Development Company Plc to suspend work on its ANOH Gas Plant project...
Dr. Akinwnmi Adesina,

AfDB loans Indorama $100 million for expansion.

The African Development Bank (AfDB) has approved a $100 million senior loan to Indorama Eleme Fertilizer & Chemicals Limited. A senior loan is a loan issued to a company or individual...
Oshiokamele Aruna

Meet Oshiokamele Aruna, Tetra Pak’s first Nigerian Managing Director

Tetra Pak West Africa has announced the appointment of Oshiokamele Aruna as its new Managing Director. He is the First Nigerian to be named the...
Sheikh Ahmed bin Saeed Al Maktoum

Emirates Group posts US$1.1 billion profit for full year 2017/2018 report

The Emirates Group have announced its 30th consecutive year of profit and steady business expansion. In its 2017-18 Annual Report, the Emirates Group posted a...

CBN says banks will repay excessive charges on customers with interest

Sequel to repeated complaints from bank customers of excessive charges by their banks on withdrawals from Automated Teller Machine (ATM), the Central Bank of...
Mary Uduk

SEC reveals plans to ease trans border listing

Securities and Exchange Commission SEC has revealed plans by the West African Securities Regulatory Authorities (WASRA) to harmonize existing rules used by the capital...
Mr. Godwin Emefiele,

CBN reveals how much Nigeria spends on fuel importation

The Central Bank of Nigeria CBN has revealed that a total of $36.371billion was spent on the importation of petroleum products into the country...
Emeka Emuwa CEO, Union Bank

Union Bank explains delay in the release of financial result

Union Bank Plc has joined the growing list of quoted companies yet to release their financial result for the year ended December 2017. In a...
AMCON

AMCON gives conditions to return seized airlines to owners

The Asset Management Corporation of Nigeria (AMCON) says it is willing to hand over ownership of Arik Air and Aero Contractor airlines if the...

NNPC, States meet over underpayment into Federation Account

The Federation Account Allocation Committee meeting, which was scheduled to hold yesterday to consider as well as approve statutory allocation for the month of...

UPDC Plc appoints new acting Managing Director

UACN Property Development Company UPDC Plc has announced that its Managing Director, Hakeem Ogunniran will proceed on a retirement leave on May 1, 2018,...
Okechukwu Enelamah

This is how much fake products could be costing the government

The Federal Government and its regulatory agencies have been called on to implement measures aimed at eradicating the prevalence of counterfeiting in Nigeria's Fast Moving...

Jaiz Bank bullish on non-interest banking

Managing Director, Jaiz Bank, Alhaji Hassan Usman has expressed satisfaction with the level of acceptance of non-interest banking in the country. Usman noted that...
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