Elumelu’s wife buys 2.06 billion shares in Transcorp
Dr Awele Elumelu, the wife of the Chairman of Transnational Corporation Plc, Mr Tony Elumelu, has bought 2,063,484,991 shares of
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More firms tap futures contracts as naira dips further against dollar
The value of FX futures contracts traded this week between banks and their clients jumped more than eightfold as the
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Nigeria’s April inflation to edge down to 21.6%: Capital Economics
Data due to be published on Monday will show that Nigeria’s headline inflation rate edged down to 21.6 percent year-on-year
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Kenya’s rating cut deeper into junk by Moody’s, nears Nigeria’s
Moody’s Investors Service, a global credit rating agency, has downgraded Kenya’s ratings further into the junk territory as domestic financing
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Nigerian bourse poised to woo more savings bond buyers
The Nigerian Exchange Limited has joined forces with Afrinvest (West Africa) Limited, a capital market holding company, to drive up
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Nigeria will use up oil reserves in 50 years – World Bank
Nigeria’s crude oil reserves will be exhausted in 50 years’ time if production continues at the current rate, the World
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Nigeria, three others flirting with debt distress: Capital Economics
Nigeria, Kenya, Mozambique and Angola are teetering on the brink of debt distress as their bond spreads are around 1,000
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Naira will weaken to 500 per dollar by Dec: Fitch
Naira is expected to weaken to 500 per dollar on the official market at the end of this year, BMI
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Airtel Africa’s annual profit drops, dividend up 9%
Airtel Africa Plc has reported a decrease of 0.6 percent in its net profit for the financial year ended March
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Court rejects oil drillers’ request to stop 1% Nigerian content levy
The Federal High Court sitting in Yenagoa, Bayelsa State, has delivered a
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