News Reports

Prospective participants are expected to possess a Tax Identification Number among other requirements

Bank says oversubscription was in spite of the havoc of the new coronavirus pandemic on the economy.

A hardening perception that the U.S. recovery is lagging Europe has buttressed the euro.

The new MD takes over from Mauricio Alarcon who has been appointed as the Market Head of Nestlé Central and West Africa Region comprising 25 countries with head office in Ghana

Denting fuel demand, cities from Manila to Melbourne are tightening lockdowns to battle new infections

This was contained in a filing to the Nigerian Stock Exchange.

The N31.9 billion recorded by AIICO as of June signifies a 26 per cent increase, compared to N25.4 billion recorded in comparative period of 2019.

In recent years, Africa’s top supermarket has been reviewing its long-term options in Africa.

While the company’s total sales of merchandise may be on the rise, it is struggling outside South Africa.

The GSI policy will facilitate improved credit repayment culture in the country and reduce non-performing loans.

The NNPC described the allegations as “diversionary tactics in furtherance of the scheme to fleece Nigeria”.

The oil giant on Thursday listed the controversial licence for an offshore oilfield in Nigeria, which it holds alongside Eni, as parts of its writedowns.

The High-Level Panel had concurred with the bank’s Ethics Committee in respect of all allegations against Mr Adesina.

The bank explained that this move is intended to equip Small and Medium-scale Enterprises (SMEs) who are focused on leveraging social media tools to drive business and sales.

Mr Abubakar said, henceforth, requests for registration by socio-cultural groups and organisations would not be granted by the CAC without a certificate of security screening and clearance of their Board of Trustees members.

The Naira gained marginally to the dollar at the Investors and Exporters (I &E) window closing at N389.25 to a dollar as against N389.50 posted on Friday.

The transaction represents NOVA’s first bond issuance in the debt market and was oversubscribed by 300 per cent.

Experts say husbanding resources in the mining sector would create millions of jobs and diversify foreign exchange earnings

The commission said it is committed to the creation of an enabling environment for competition among operators in the industry.

The scholar said the apex bank’s decision to ban maize importation was too abrupt, urging the CBN to reverse the decision.

Inflation in Nigeria has been on the rise since August 2019 when the country shut its land borders with its neighbours to curb smuggling.

NSCIA praises CBN for non-interest intervention credits, says move will deepen financial inclusion.