Monday, July 6, 2026
Abraaj converts $10m loan into equity, gets 70% stake in C$I Leasing
Abraaj Group, the private-equity firm that collapsed after defaulting on debt, will get a 70 percent stake in C&I Leasing...
Read moreDetailsNigerian govt to send minimum wage bill to NASS on Jan 23
The Nigerian government has finally set a date for the transmission of a bill for a new national minimum wage,...
Read moreDetailsAFDB loans Nigeria $14.1m to aid trade insurance membership
The African Development Bank Group (AfDB), Tuesday said it has approved a $14.12 million facility through its trade finance operations,...
Read moreDetailsNigeria targets N8.3trn revenues from tax in 2019, says FIRS
The Federal Inland Revenue Service (FIRS) says it is targeting N8.3 trillion revenues from the collection of various taxes in...
Read moreDetails23 Ghanaian banks emerge after $81m recapitalisation exercise
The number of commercial banks in operation in Ghana has reduced from 36 to 23, Ernest Addison, Bank of Ghana...
Read moreDetailsStock market’s index drops further by N89bn
The volatility of the Nigerian Stock Exchange remained unabated on Monday with crucial market indices decreasing further by 0.78 per...
Read moreDetailsAgain, Ajaokuta Steel faces $1bn setback on ECA shortfall
Finance minister hard-pushed to secure required funds Nigeria’s decades-long unending and troubled steel project, the Ajaokuta Steel Company, is...
Read moreDetailsNigeria receives $73bn project investment funds by Q3 2018, says NIPC
Nigeria recorded an increase of 75.7 per cent in the value of investments into various projects in different sectors of...
Read moreDetailsCBN survey shows more Nigerians vote for price stability as they see weaker economy on rising inflation
A survey carried out by the Central Bank of Nigeria’s (CBN’s) Statistics Department in the fourth quarter of 2018 has...
Read moreDetailsStock market continues losing streak with N111.4bn loss
Nigeria's equities market continued on a negative trajectory Thursday as investors worth dwindled by N111.4 billion on the back of...
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