Afolabi Oluwaseun
Seun
Oluwaseun Afolabi is Businessamlive Reporter.
You can contact him on afolabi.oluwaseun@businessamlive.com with stories and commentary.
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FirstBank obtains approval to redeem $300m bond
Afolabi OluwaseunAugust 8, 2018
First Bank Nigeria Plc., have announced payment to bondholders in a bid to redeem its $300 million 8.25 percent subordinated notes,
FDC predicts Q2 GDP to remain relatively flat as output indicators contract
Afolabi OluwaseunAugust 7, 2018
In an early Q2 gross domestic product growth (GDP) call, analysts at Financial Derivative Company (FDC) are predicting that based on
FX market to remain stable in the aftermath of foreign investors’ exit
Afolabi OluwaseunAugust 6, 2018
The Nigerian foreign exchange market is projected to remain stable if foreign investors finally exit the market as has been projected
Naira in marginal gain as street forex market shows relative stability
Afolabi OluwaseunAugust 2, 2018
The naira on Wednesday gained marginally as it traded N359 to the dollar at the parallel market in Lagos after a 10-day stable streak.
Nestle Nigeria share price rises on 29.6% half year PAT growth
Afolabi OluwaseunJuly 31, 2018
The share price of Nestle Nigeria Plc, a major fast moving consumer goods company in the country, rose by 6.52 percent on Tuesday
GE Nigeria graduates 26 young Nigerian entrepreneurs
Afolabi OluwaseunJuly 31, 2018
As part of its contribution to skills development in Nigeria, General Electric (GE), the world’s premier digital industrial company,
Nigeria’s street forex market maintain stability as dollar trades at N360 in 9th consecutive survey
Afolabi OluwaseunJuly 31, 2018
The naira on Monday remained stable at the parallel market in Lagos for the ninth consecutive session; trading at N360 to the dollar.
Street forex market stable as dollar trades at N360
Afolabi OluwaseunJuly 24, 2018
The naira on Tuesday remained stable at the parallel market in Lagos exchanging at N360 to the dollar. The Nigerian currency had
NEM Insurance grows PBT 20.7% in H1 2018
Afolabi OluwaseunJuly 24, 2018
NEM Insurance Plc. has announced a 20.7 growth in its profit before tax (PBT) for the financial half-year ended 30 June 2018. PBT of
Lafarge Africa announces board appointment
Afolabi OluwaseunJuly 24, 2018
Lafarge Africa Plc Tuesday announced the appointment of Rossen Papazov as a non-executive member following the resignation of