Nigerian companies raise N215 billion from Commercial Papers in August 2022
Five Nigerian corporates issued commercial papers worth N215 billion in order to improve their balance sheet and scale up their ...
Tag: Featured
Fidelity Bank’s acquisition of a loss-making Union Bank UK could cost over N20 billion
The last audited accounts of Union Bank provide a fair idea of what Fidelity Bank could be paying for.
Nigerians face delays, frustration as Lagos immigration office impose restriction on passport processing
Longer processing time for international passports by the immigration service has stalled the plans of many Nigerians who seek greener ...
Nigeria’s capital inflow surges by 75% to $1.54 billion in Q2 2022, FDI remains low
Nigeria attracted a sum of $1.54 billion as capital inflows in the second quarter of 2022, an increase of 75.34% ...
Equity market gains N105 billion to close last trading day of August positive
Trading activities on the floor of the Nigerian Exchange Limited (NGX) ended the last trading day of August with a ...
Trapped Funds: Selling tickets in dollars will worsen Nigeria’s economic crisis – Economists, Aviation stakeholders
Economists and industry stakeholders have insisted that allowing foreign airlines to charge fares in foreign currency will fail to work ...
Delayed payment to foreign airlines contravenes BASA provisions – Stakeholders
Stakeholders expect FG to adopt better communication strategies in dealing with both foreign and local airlines and win back its ...
Again, Naira falls to N705/$ at black market
The Naira reversed its almost miraculous comeback to trade over the N700/$1 mark once again.
Shareholders express concern over planned acquisition of Union Bank UK
Some minority shareholders of Union Bank Plc have expressed worry over the planned acquisition of Union Bank of Nigeria UK ...
Fidelity Bank set to acquire 100% equity in Union Bank UK Plc
Fidelity Bank Plc has entered into a binding agreement to acquire 100% equity stake in Union Bank UK Plc.
