Category: Business

FMDQ lists Dangote Cement’s $50bn Commercial Paper

FMDQ OTC Securities Exchange has for the first time on its platform recorded the biggest Commercial Paper (CP) programme on the Nigeria debt capital market as it listed...

NSE Lifts Embargo on Royal Exchange Shares

The Nigerian Stock Exchange (NSE) has notified the general public that the suspension placed in the trading of Royal Exchange Plc shares has been lifted with effect from...

DMO Lists N10.69bn FGN Bond on NSE

The Nigerian Stock Exchange (NSE) at the weekend listed N10.69billion, 5-year, Federal Government Sovereign Green Bond at coupon rate of 13.48 percent by Debt Management...

SEC urges Nigerians to avoid Ponzi schemes

FROM PETER DICKS in Portharcourt Nigerians have again been advised to desist from investing their money in investments that offer unreasonable levels of returns at...

Equities Declines by 0.58% on Weaker Demand as Value Traded Falls By 31.29%

The bears continued to dominate the equities market, as the All Share Index (ASI) dipped by 0.58 percent to 36,748.18 points, amidst continued sell pressure in value...

Nigeria Needs to Build Local Capacity to Succeed in IT, SaysPantami  

Director General of National Information Technology Development Agency (NITDA) Dr. Isa Ali Ibrahim Pantami has said that Nigeria must build local capacity to solve...

Fidelity Bank Donates N50m to LSSTF

Fidelity Bank Plc on Monday in Lagos donated N50 million to the Lagos State Security Trust Fund (LSSTF) as part of efforts to enhance security around banks. The...

Nigeria Receives 40% of $65bn Loan from Afreximbank for Trade Financing

Nigeria has recently received 40 percent of African Export Import Bank (Afreximbank’s) $65 billion worth of loan syndications for trade financing and development...

Equities Begin Week on Weak Note, as Treasury Bill Falls Amid Buy Pressure 

The Nigerian Stock Exchange (NSE) today lost 0.34 percent of its value amid renewed profit taking activity with the exchange recorded 32 losers against 8 gainers. As...

Fowler Commends Ugwuanyi for Exceeding UN Tax Revenue GDP benchmark

The Chairman of the Joint Tax Board (JTB), Mr. Tunde Fowler has singled out Governor Ifeanyi Ugwuanyi of Enugu State for commendation for putting in place a dexterous...