Thursday, April 16, 2026
Nigerian stocks risk downgrade on naira value as MSCI reclassifies markets
The value of Nigeria’s local currency, the naira, could be a strong factor in Morgan Stanley Capital International’s (MSCI’s) index...
Read moreDetailsUpdate: Etisalat Nigeria moves to effect name change, restructuring of shareholding as debt talks fail
Etisalat Nigeria has commenced changes to its shareholding structure after talks to restructure a $1.2 billion loan failed, the company...
Read moreDetailsEtisalat to lose 45 percent stake as loan restructuring talks fail
Etisalat has been instructed to transfer its 45 percent stake in Etisalat Nigeria to a loan trustee after debt restructuring...
Read moreDetailsNigeria’s bad bank receivables rise 80% as obligors default
Nigeria’s bad bank, the Asset Management Corporation of Nigeria (AMCON), is currently facing recovery challenges from about 305 account obligors...
Read moreDetailsInflation to ease, firms operating cost to drop on declining diesel price
The Nigerian National Petroleum Corporation (NNPC) claims of a reduction in diesel price by 42 per cent could positively ease...
Read moreDetailsForte Oil’s N20bn share sale: Analysis shows offers little or nothing to investors
ANALYSIS Downstream oil and gas firm, Forte Oil Plc, which also plays in the power generating space, recently disclosed plans...
Read moreDetailsOutlook for naira positive amid fiscal worries going into 2018
Nigeria’s new foreign exchange policy, which has seen the creation of the Investor and Exporters forex window by the Central...
Read moreDetailsOil market heading in right direction, says Saudi’s energy minister
Saudi Arabia's Energy Minister Khalid al-Falih talks to journalists before a meeting of OPEC oil ministers in Vienna Saudi Energy...
Read moreDetailsNigeria received $18bn in remittance from Diaspora migrant workers in 2016 – IFAD
Gilbert F. Houngbo, the sixth President of the International Fund for Agricultural Development (IFAD) Nigerian migrant workers overseas sent home...
Read moreDetailsCurrency traders see convergence of exchange rates on increased foreign interests in Nigeria’s equities
Nigeria's multiple exchange rates are heading for near-term convergence on the back of growing positive sentiments in the country's equities...
Read moreDetails
Popular News
-
Igbobi alumni raise over N1bn in one week as private capital fills education gap
-
How UNESCO got it wrong in Africa
-
CBN to issue N1.5bn loan for youth led agric expansion in Plateau
-
Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
-
Insurance-fuelled rally pushes NGX to record high
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.