Business News
Business and economic news from Nigeria and around the world.
Brief: Wema Bank Plans N20bn Bond Issue This Month
Wema Bank Plc, which aims to expand its branch network this year, is planning to issue N20bn ($63m) in bond...
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Nigerian Stocks: Summary of Trading Today (01/08/2016)
Nigerian stocks closed trading on a negative note as the all share index dropped -0.60%. Market capitalization at the close...
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Alert: CPC orders FCMB to refund N1.5 billion in excess charges to Bauchi state
Nigeria's mid tier lender, First City Monument Bank (FCMB) to refund, has been ordered by The Consumer Protection Council (CPC)...
Read moreDetailsNigerian Stocks: Summary of Trading Today (29/07/2016)
Nigerian stocks closed trading on a negative note as the all share index dropped -0.13%. Market capitalization at the close...
Read moreDetailsBrief: Shell’s Production in Nigeria Drops By 41%
Global oil giant, Royal Dutch Shell, on Thursday said its liquids production available for sale in Nigeria plunged by 41...
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Nigerian Stocks: Summary of Trading Today (28/07/2016)
Nigerian stocks closed trading on a negative note as the all share index dropped -0.56%. Market capitalization at the close...
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CBN Instructs Banks To “Immediately” Write Down Losses On Foreign Currency Loans
The Central Bank of Nigeria has instructed commercial banks to "immediately" write off loan the increase in foreign currency denominated...
Read moreDetailsAlert: MTN Appoints Stanbic IBTC As Advisors on Proposed Nigeria Market Listing
We are super excited about this
Read moreDetailsNigerian Stocks: Summary of Trading Today (27/07/2016)
Nigerian stocks closed trading on a positive note as the all share index rose 0.93%. Market capitalization at the close...
Read moreDetailsTY Danjuma bails out troubled ntel, Becomes Chairman
Nairametrics has learnt that General T.Y Danjuma has made significant investment in ntel the struggling telecoms firm. NatCom Development &...
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