Nigeria faces unsustainable debt burden, says Rewane
The Managing Director of Financial Derivatives Company Limited, Mr Bismarck Rewane, has said Nigeria’s debt burden will become unsustainable as
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Author: Markets Reporters
Naira weakens further to 506 against dollar
The Nigerian currency fell against the dollar at the parallel market on Friday to a new record low. The naira
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United Capital reports N3.74bn profit in six months
United Capital Plc has reported a profit before tax of N3.74 billion for the first half of the 2021 financial
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Unilever Nigeria returns to profit, posts N1bn in Q2
Unilever Nigeria Plc has reported a profit before tax of N1.04 billion for the second quarter of the 2021 financial
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Nigeria limits sugar imports to Dangote, two other firms
The Central Bank of Nigeria has said only three companies will be allowed to import sugar into the country. The
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SEC okays Dangote Cement’s share buyback programme renewal
Dangote Cement Plc, Africa’s largest cement producer, has announced the approval by the Securities and Exchange Commission of the renewal
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Naira weakens to 505 against dollar as forex reserves dip
The Nigerian currency fell against the dollar at the parallel market on Friday as the country’s foreign reserves look set
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FMDQ Exchange admits FBNQuest Merchant Bank’s commercial paper
FMDQ Securities Exchange Limited has approved the quotation of the FBNQuest Merchant Bank Limited N7.34 billion Series 19 Commercial Paper
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[EXCLUSIVE] Nigeria’s forex reserves hit 44-month low, lose $14.65bn in three years
Nigeria’s foreign exchange reserves have tumbled to the lowest level in more than three years and eight months, despite the
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Adversity: Will it polish you up or grind you down?
By Harvey Mackay The village blacksmith pumped the bellows to prepare his furnace fire and placed a piece of iron
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