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BUSINESS NEWS
Business and Economic News from Nigeria
While we see the need for these asset sales to generate much-needed revenue for the Federal Government, we are concerned that a bidding process under the current environment will be fraught with difficulties.
Some of the non-OPEC member countries recorded less than impressive compliance rates. Kazakhstan, Brunei, and South Sudan recorded 47%, 22%, and 13% compliance respectively.
Husain has nearly 24 years of banking experience, out of which he has spent 17 years at Standard Chartered Bank where he had reportedly led one of the largest and most successful Project & Export Finance teams.
Nigeria leads the pack in the peer to peer use of bitcoin in African continent with more than $35 million, while the closest rival, South Africa
“We congratulate the Management and Team at UACN Property Development Company Plc, as well as the professional parties to the issue for the successful completion of the transaction." - Oscar Onyema, CEO of the NSE.
Nigeria’s bourse gained N47.9 billion in second trading day of June over share price appreciation in blue-chip companies.
Today, Oil prices are low, thus no need for the Federation to pay a part of your fuel bill, so no subsidy on imported PMS on retail price.
Meanwhile, Facebook has reacted to this development. A spokesman for the company told CNBC on Monday that Facebook understood the concerns and was open to its employees expressing their bias freely.
Alan Sinfield became the first substantive Chief Executive Office of 9Mobile On Monday, June 1, 2020 since its name was changed from Etisalat.
Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round
Many portfolio investors were unable to move their money from the country due to FX limitations. So, they reinvested.
Covid-19 and low yield are conniving to rub pension fund managers of a chest-beating performance, and the pension fund investors of blissful retirement.