Wednesday, April 1, 2026
Capital flows into Nigeria rise 138.6% to $12.2bn in 2017
Total capital flows into Nigeria rose by 138.6% percent year-on-year to $12.2 billion in 2017 from the figure recorded in...
Read moreDetailsBarclays plans Nigeria entry as route to African banking dominance
Barclays Africa group on Thursday announced its intention to look towards Nigeria as a new market in order to dominate...
Read moreDetailsNigeria’s federal mortgage bank disburses N20.24bn mortgages in over 2yrs
Babatunde Fashola, Nigeria's minister of power, works, and housing on an inspection tour The Federal Mortgage Bank of Nigeria (FMBN)...
Read moreDetailsCrude oil prices hover near 1-week lows in cautious trade
Crude oil prices were hovering near one-week lows on Thursday, as investors remained cautious due to sustained U.S. dollar strength...
Read moreDetailsBuy interest in bellwethers drives market rebound as NSEASI jumps 2.4%
Nigerian stock exchange trading floor Nigerian stocks appreciated Wednesday following renewed interest in market bellwethers, driving the benchmark index, the...
Read moreDetails$2bn investment needed to revive Nigeria’s Lagos-Kano rail line to boost trade
L-R: Abdullahi Umar Ganduje, Kano state governor; Yemi Osinbajo, Nigeria's vice president and Akinwunmi Ambode, Lagos state governor Investment of...
Read moreDetailsAfreximbank to raise $200m equity in Nigeria via depositary receipts
African Export-Import Bank (Afreximbank) is planning to raise equity worth $200 million in Nigeria via the issuance of depositary receipts,...
Read moreDetailsForeign investors cash out N75bn from stock market in January 2018
Foreign portfolio investors in the Nigeria stock market sold N74.64 billion of their investment in the month of January 2018....
Read moreDetailsSeplat launches dollar-denominated notes to refinance debts
Seplat Petroleum Development Company Plc. Wednesday announced its launch of a 5 or 7-year U.S. dollar-denominated senior notes offering, proceeds...
Read moreDetailsOil to edge higher in 2018 as OPEC cuts help offset U.S. supply growth- Poll
Oil analysts expect the price of crude to rise steadily this year but remain in a tight band dictated by...
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