Category: Business
CBN to auction N89.5bn Treasury bills this week
The Central Bank of Nigeria is set to conduct a primary market auction on Wednesday to roll over N89.5bn worth of Treasury bills maturing on Thursday, across the 91-day...
Nigeria’s active mobile subscribers hit 162m in Q4 2018 — NBS
The National Bureau of Statistics (NBS) said Nigeria’s active mobile subscribers dropped to 162,032,481 million in the fourth quarter, 2018 from 172,824,239 million...
NSE, Meristem Securities to launch style indices
The Nigerian Stock Exchange (NSE) and Meristem Securities Limited on Monday announced the launch of two new style indices to support product development and investment...
Saudi Arabia to cut crude oil exports in April – Official
Saudi Arabia plans to cut its crude oil exports in April to below seven million barrels per day (bpd), while keeping its output “well below’’ 10 million bpd, Saudi...
AMCON wants more female slots in financial services industry in Nigeria
In commemoration of the International Women’s Day (IWD) the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan...
Oil prices slide as economic outlook darkens, U.S. supply surges
Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data...
Oil edges up amid OPEC cuts, U.S. sanctions against Venezuela, Iran
Oil edged up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, although prices were prevented from rising further by...
“We’ll list on NSE before July- MTN
MTN Group on Thursday disclosed that it will list Nigerian Stock Exchange (NSE) in the first half of 2019, after recording very positive trade numbers in 2018 fiscal...
Dangote Flour emerges best performing stock on NSE in February
Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent...
CBN to issue loans at 5% to SMEs through NIRSAL MFB
The Central Bank of Nigeria (CBN), says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises (SMEs) through the NIRSAL Micro...
