Invest in FGN Monthly Bond Auction – November 2016
The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications...
View ArticlePhoto News: Fashola at the 5th EU – Nigeria Business Forum
Hon. Minister of Power, Works & Housing , Mr Babatunde Fashola, SAN(right),Country Manager, International Finance Corporation(IFC), Ms Eme Essien Lore(2nd right), Chair of the Session, Managing...
View ArticlePhoto News: Fashola at the Public presentation of two books, “Modern...
Hon. Minister of Power, Works & Housing , Mr Babatunde Fashola, SAN(right), Author of the books, Prof.Oyelowo Oyewo and his wife, Mrs Kemi Oyewo during the Public presentation of two books,...
View ArticleSenate Set to Strengthen AMCON’s Debt Recovery Drive
The Chairman of Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Ibrahim yesterday in Uyo hinted that the time would soon run out on recalcitrant obligors of Asset...
View ArticleCement Company of Northern Nigeria Plc – Weak Topline, Cost Pressure Derail...
CCNN’s 9M’16 PAT was down 56% y/y to N0.7 billion (Vetiva estimate: N1.0 billion) following a disappointing Q3. Despite q/q increase in cement prices (46% price hike only took effect from September),...
View ArticleFBN Holding Earnings Update -Huge Impairment charges, TP cut down to N3.21,...
FBN Holding Plc. (Revised TP: N3.21, Rating: Hold) held its conference call on the 26th of October, 2016. Please see below the group’s 9M’16 performance update and key highlights from the call. NPLs –...
View ArticleThe “TRUMP”
In what was a stunning victory in the race for the White House following yesterday’s election, Republican Donald Trump defeated the widely expected-to-win (according to polls leading to the election)...
View ArticleDSS Raids Black Market FX Dealers
Nigerian security agents, in a bid to support the LCY, raided the offices of black market FX dealers today, detaining some and ordering others to sell dollar at an enforced rate, according to Reuters....
View ArticleWe are committed to the long-term business expansion- Fidelity Bank Boss
Nnamdi Okonkwo s Fidelity Bank Plc has reiterated its commitment towards Nigeria economy development. Speaking at the 2016 Lagos International Trade Fair organised by the Lagos Chamber of...
View ArticleNigeria has shown political will to drive sustainable tourism – Minister
The Minister of Information and Culture, Alhaji Lai Mohammed, said the Federal Government has demonstrated that it has the political will to drive sustainable tourism in the country, Speaking at a...
View ArticlePhoto News: Vice President Prof. Yemi Osinbajo Interactive Session with...
L – : Abimbola Ogunbanjo, First Vice President, The Nigerian Stock Exchange (NSE); Oscar N. Onyema, OON, Chief Executive Officer, NSE; His Excellency, Prof. Yemi Osinbajo, SAN, GCON, Vice President,...
View ArticleStakeholders in Nigeria’s economy to address unemployment crisis at WES 2016
Segun Adeleye, President/CEO, World Stage Limited As the Nigerian economy slipped into a recession in the second quarter of 2016 with a decline in Gross Domestic Product (GDP) by -2.06%, the...
View ArticleCBN Says Interchange Fee to Replace Merchant Service Charge Effective May 01,...
With the introduction of the Cash-Less Nigeria Project and the release of the Guidelines on PoS Card Acceptance Services, the CBN outlined the Merchant Services Charge (MSC) and the modalities for its...
View ArticleFDI still lagging behind
The NBS recently released its latest Capital Importation Report which covers Q3 2016. The data was obtained from the CBN and compiled using information on banking transactions. The total value of...
View ArticleInternational Breweries Q2 2017 Results Review – Positive Revenue outlook...
Underperform rating maintained despite valuation rollover Broadly speaking, International Breweries’ underlying Q2 2017 (end Sep) results were stronger than we expected. Consequently, we have increased...
View ArticleNigeria: FG approves harmonisation of military pensions
In a bid to ensure better life for the Nigerian militry, the Federal Government through the Military Pensions Board (MPB) has approved the harmonisation of the military pension scheme.According to...
View ArticleContinental Reinsurance Announces Changes on its Board
Continental Reinsurance Plc has announces the appointments of Chief Ajibola Olusanya Ogunshola and Mr. Emmanuel Brule as Non-Executive Directors of the Company representing C-Re Holding Limited with...
View ArticleMore than 100,000 sign up for insurance under Obamacare after election
More than 100,000 Americans rushed to buy health insurance under the Affordable Care Act on Wednesday, the biggest turnout yet during this year’s sign-up period, the day after the election of Donald...
View Article360 EXOTIC CARS: WHERE LIES THE HONOUR OF OUR LEGISLATORS?
The Trade UnionCongress of Nigeria considers the delivery of 28 units of the Peugeot 508series being part of the 360 exotic cars ordered by members of the House of Representatives in the midst of the...
View ArticleAfrican Reinsurance market hits $64 billion
There are strong indications pointing to the growth of the Africa’s Reinsurance Market in the next five years. The latest reports from African Reinsurance pulse launched at the 21st African...
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