Business

FOREX: CBN Announces Bids For Retail Auction

By Gift Olivia Samuel Abuja-The Central Bank of Nigeria (CBN) Wednesday announced bids for retail auction by authorized dealers in the inter-bank foreign...

Elumelu Urges DFIs to Support African Businesses

…Commends Afreximbank Chairman of Heirs Holdings and the Tony Elumelu Foundation, Mr Tony O Elumelu, challenged Development Finance Institutions, DFIs, over the weekend to...

BA Cabin Crew Launch 16 Day Strike Over Poverty Pay

British Airways cabin crew at the Heathrow airport have launched a 16 day strike over a long-running dispute over pay. Members of Unite in...

Nigeria’s First Diaspora Bond Starts Trading On London Stock Exchange

Per Second News—The London Stock Exchange Thursday welcomed Nigeria’s first Diaspora Bond to start trading on the Main Market.   The first bond...

CBN Lifts Foreign Exchange Market with $195m

By Gift Olivia Samuel, Per Second News Abuja-The Central Bank of Nigeria (CBN), on Wednesday disclosed that it intervened in various segments of...

Wema Bank Hit by N5.2billion Oil Deal Scandal…Accused of Issuing N346m Dud Cheques

Per Second News—A band of crime fighters have blown the lid off a banking scam perpetrated by the management of WEMA Bank PLC....

Dangote launches new affordable pasta to substitute rice consumption in Nigeria

Shareholders at the weekend in Lagos applauded the Dangote Flour Mills return to profitability after posting a profit before tax of N11.82bn for its...

UBA Promotes Africa’s Renaissance, Celebrates Africa Day with Glitz & Glamour

In line with its commitment to promote the African culture and deepen its African footprints, Pan African financial institution, United Bank for Africa (UBA) Plc, on...

UBA Acts as Joint Lead Manager for Nigeria’s First International Diaspora Bond

The United Bank for Africa Plc has been selected to act as Joint Lead Manager for Nigeria’s historic first global offering of Diaspora Bond. The...

Takeover of Etisalat comes after years of crisis

The takeover of Etisalat Nigeria by Access Bank PLC and 12 other Nigerian and foreign banks, comes after almost two years of crisis...

Economic Think-Tanks Converge In Abuja To Tackle Inflation, Recession

Economists, financial analysts and policy makers will converge in Abuja next week to discuss modalities to take Nigeria out of recession as well as...