Nigerian Breweries Commissions Multi-Billion Naira Ota Brewery Upgrade
L-R: Chief Kola Jamodu, Chairman, Nigerian Breweries; Senator Ibikunle Amosun, Executive Governor, Ogun State and Chief Abraham Akanle, representative of former President Olusegun Obasanjo at the...
View ArticleThree Nigerian Banks Set To Take Over Etisalat N541.8bn Debt
A consortium of some Nigerian banks are reportedly set to take over Etisalat Nigeria today Wednesday despite efforts by the Nigerian Communication Commission, NCC, to broker a peaceful resolution...
View ArticleDiamond Bank Ratings Affirmed – Ratings Removed from CreditWatch Negative;...
Diamond Bank’s foreign currency liquidity is easing as the Central Bank of Nigeria improves the supply of U.S. dollar to the market. The bank has managed to maintain its capitalization just above...
View ArticleTigo, Airtel to meet NCA over merger
Sources close to the Tigo-Airtel merger deal in Ghana have hinted that the main actors in the deal will present the details to National Communications Authority (NCA) this week and subsequently seek...
View ArticleGhana: Ivory Finance boss spills the beans on SIC GHC550m debt
Emmanuel Adu Sarkodee, Executive Chairman of Ivory Finance Company Limited The Executive Chairman of Ivory Finance Company Limited, Emmanuel Adu Sarkodee has described claims that SIC Insurance...
View ArticleCBN, NCC step in over Etisalat loan
After a meeting Thursday afternoon in Abuja between the Executive Vice Chairman of the Nigerian Communications Commission, NCC, Prof. Umar Danbatta and the Central Bank Governor and his team, a...
View ArticleNO REASON TO POSTPONE YOUR TRIP, US TELLS NIGERIANS
The United States Embassy in Abuja says Nigerians with valid visa have no reason to postpone or cancel their trip to the US. This is coming after the Senior Special Assistant to the President on...
View ArticleN377b Debt Crisis Rocks Etisalat: Begs 13 banks
The Nigerian affiliate of Abu Dhabi-listed telecoms company Etisalat has opened talks with 13 Nigerian banks to renegotiate the terms of a $1.2 billion loan it took out four years ago after missing a...
View ArticleRelax ban on importation of rice, vehicles through land borders, Sultan tells...
The Sultan of Sokoto, Alhaji Saad Abubakar III, on Thursday pleaded with the Federal Government to relax its ban on importation of rice and vehicles through land borders. He made the call when the...
View ArticleCBN sustains forex supply
As more customers of banks and other business people overcome the earlier difficulties in obtaining forex for their transactions, and in a bid to sustain the tempo of foreign exchange supply to the...
View ArticleI am not frustrating you- Fashola tells Ambode* says you have only spoken...
*Lists several requests it has approved for LASG *Reveals LASG has refused to provide land for National Housing Programme The attention of the Federal Ministry of Power, Works and Housing...
View ArticlePresident Buhari expected back from London on Friday
President Muhammadu Buhari is expected to return to the country on Friday, after seven weeks medical vacation. The Special Adviser on Media and Publicity, Femi Adesina disclosed this on Thursday that...
View ArticleFitch: Limited risk for IHS from Etisalat Nigeria’s difficulties
Fitch Ratings says that IHS Netherlands Holdco BV (IHS, B+/Negative) faces limited risks to its operations in Nigeria following recent press reports that Etisalat Nigeria, a key customer of IHS, had...
View ArticleNBS Says NIPOST Reports N8.84 Billion Revenue in 2016
Click here to download Annual Postal Services Data 2016 The Nigerian Postal Service earned a total sum of N8.84bn as revenue in 2016. Stamp Duty generated the highest amount of revenue of N4.09bn...
View ArticleNigeria’s stock exchange to seek approval for public listing
The Nigerian Stock Exchange plans to seek approval from its members on March 30 to proceed with the process of becoming a publicly listed company, it said. Nigeria’s bourse, the second-biggest in...
View ArticleApo Six Murder: Victims’ Families Protest over Judgment
…AGF Promises to look into Grievances Family members of six Igbo traders who were murdered in Abuja in June 2005 on Friday stormed the office of the Attorney General of the Federation and Minister of...
View ArticleHeritage Bank promotes Nigeria’s rich cultural heritage via BBnaija
As part of its corporate social responsibility, Heritage Bank Limited, Nigeria’s most innovative banking service provider, is promoting the country’s rich cultural heritage to the global community...
View ArticleBEIGE acquires Empire Mutual Health Insurance
Mike Nyinaku – CEO, The BEIGE Group The BEIGE Group (TBG), a financial services provider, has ventured into the provision of Health Insurance Services following the acquisition of Empire Mutual Health...
View ArticleAdeosun Hosts American Ambassador, Says Nigeria’s Economy Resilient
L-R: Permanent Secretary, Federal Ministry of Finance, Dr. Mahmoud Isa Dutse, Minister of Finance, Mrs. Kemi Adeosun and US Ambassador to Nigeria, Mr. W. Stuart Symington, during the visit of the...
View ArticleSureBüddy brings sponsored cover to Uganda with new insurance App
Uganda, a country with a high smartphone penetration, is the first-to-market for SureBüddy SureBüddy an android application that has today launched into market, brings sponsored insurance and...
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