Dangote Cement Plc floats another N50 billion commercial paper
Cement manufacturing giant, Dangote Cement PLC, at the weekend issued N50 billion in Commercial Papers (CP) in order to meet ...
Tag: Nigerian Business News
Instant bank transfers increase by 36% between January and May 2019
Data obtained from the Nigeria Interbank Settlement System (NIBSS) has shown that the value of instant bank transfers transactions carried ...
Ibe Kachikwu reveals how Nigeria can grow crude oil reserves
The former Minister of States for Petroleum Resources, Dr. Ibe Kachikwu, has stated that one of the ways Nigeria can ...
SMEs are suffering due to Nigeria’s epileptic power supply – MAN
The Manufacturers Association of Nigeria (MAN) has spoken out against the hardship Nigerian businesses (especially Small and Medium Scale Enterprises) ...
Nigeria’s inflation rate rose to 11.40% in May 2019
The consumer price index, which measures inflation, rose to 11.40% in May 2019. According to the @nigerianstat, year-on-year, inflation increased ...
DMO’s first Eurobonds listed in tranches on FMDQ and NSE
The Debt Management Office (DMO) has listed its first Eurobonds on the FMDQ Securities Exchange and the Nigerian Stock Exchange ...
How Government’s under-investment is limiting growth in health sector
Despite the plethora of opportunities for health care providers and drug makers, underinvestment by the government in Nigeria's health care ...
AIO appoints NEM Insurance’s Tope Smart as Vice President
Tope Smart, the Chairman of Nigerian Insurers Association (NIA), has been appointed as the Vice President of the African Insurance ...
Union Bank’s shareholders approve N54.5 billion capital restructuring
Union Bank of Nigeria shareholders recently approved the proposal to cancel N54.46 billion accumulated permanent losses in the books of ...
How BoI disbursed over N270 billion worth of loans in 2018
The Bank of Industry (BoI) has disclosed that it disbursed loans worth over N270 billion to borrowers during the 2018 ...
