Business
Nigeria: China’s $500m financing support targets energy generation
The half a billion dollar financing support from the Export-Import Bank of China (CEXIM) to Nigeria is targeted at helping Nigeria improve its...
Nigeria will sell N1.024trn Treasury Bills in Q4
Nigeria, through its central bank says it will auction treasury bills as much as N1.024 trillion in the fourth quarter of the year,...
Stanbic IBTC likely to issue 211.7 million shares option for interim cash dividend
By Ruth Olurounbi Stanbic IBTC Holdings Plc could likely issue up to 211.7 million ordinary shares of 50 kobo each as scrip dividend...
Forex: CBN injects $303m, CNY 46.58m into retail secondary market sales
The Central Bank of Nigeria (CBN), on Friday, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This is...
China Summit Agreement: What it says and what it means
China and African countries agreed to work together toward an even stronger community with a shared future, according to a declaration adopted Tuesday...
SAHCOL confirms Agboarumi as MD
By Ruth Olurounbi Basil Agboarumi has been announced as the new Managing Director (MD) and Chief Executive Officer (CEO) of Skyway...
Rose Adebayo, Angela Aneke join UBA board
As the Pan African banks appoints two other men Two top women in the world of finance have joined the Pan African bank,...
Dangote now most valuable brand in Nigeria
The company of Africa’s richest man, Dangote Group, is now the most valuable brand in Nigeria, following an agency survey which revealed the...
Nigeria’s forex market gets another $210m from CBN
Nigeria’s Central Bank on Tuesday injected another sum of $210 million into the inter-bank foreign exchange market, ensuring that forex is available for...
Dangote wants African leaders to plan growth around millennials
By Ruth Olurounbi Given that 75% of the global workforce will be millennials by 2025, according to the Deloitte Millennial Survey and...
Diamond bank reward N3 million in scholarships to youths
Diamond bank on Monday announced plans to reward holders of its youth banking accounts with scholarships worth N3million. “The scholarship offer is our own...
Nigeria’s forex market get $543m, CNY 63m from CBN
Retail segment receives $323m boost SMEs, other get $155m The Central Bank of Nigeria (CBN) on Thursday and Friday, August injected a total...
Diamond Bank disburses N1bn to SMEs under cash-flow based lending scheme
Diamond bank on Monday announced the disbursement of over N1 billion to support Small and Medium-Scale Enterprises (SME) under the cash flow-based SME lending...
CBN invites bids for Chinese yuan in second auction
The Central Bank of Nigeria has asked lenders to submit bids for the Chinese yuan in its second auction of the currency after...
Toyota debuts new generation Camry in Nigerian market
By Ruth Olurounbi A new generation Camry, which has so far sold more than 18 million units “across regions” since 2015 has been...
