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Business
Investors Oversubscribe Ecobank $450m Eurobond
The
debut $450 million Eurobond recently issued by Ecobank Transnational
Incorporated was oversubscribed by investors, the…
FG assures foreign investors adequate protection
Foreign investors have been urged to invest massively in Nigeria and quickly take advantage of the various policies put in place…
Rising debt profile: Nigeria can still borrow additional N7.9trn –…
Analysts
at FSDH Research on Thursday said Nigeria still has room to borrow an
additional N7.89 trillion before reaching a…
Unilever Nigeria records N19b revenue decline in Q1 2019
Lagos-based Fast-Moving Consumer Goods (FMCG), Unilever Nigeria Plc, has announced that it recorded a sharp decline in the…
Jobberman CEO resigns
The Chief Executive Officer and co-founder of the biggest job site in Sub-Saharan Africa, Jobberman, Ayodeji Adewunmi has…
FG to issue N20bn 30-year bond on April 24
The Debt Management Office (DMO) says the Federal Government will on April 24, issue a 30-year bond for the first time.
The…
Diaspora remittances to Nigeria hit $24.3b in 2018
Diaspora remittances to Nigeria stood at $24.3 billion last year. It was the highest remittance to any country in sub-Saharan…
Oil slips to $71, hit by talk of higher OPEC production
Brent oil slipped to around 71 dollars a barrel on Tuesday, pressured by expectations of higher U.S. inventories and concern…
Inflation drops by 0.06 per cent in March – NBS
Nigeria’s inflation in the month of March 2019 stands at 11.25 percent, the National Bureau of Statistics, NBS, reports on…
NLC expresses concern over Nigeria’s debt profile, warns against…
The Nigeria Labour Congress (NLC) has urged the Federal Government to be cautious on the issue of borrowing both within and…