Dollar scarcity deepens as Nigeria’s forex reserves hit seven-month low
The shortage of dollars in Africa’s biggest economy is worsening as its foreign exchange reserves have dropped to a seven-month
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Airtel Africa signs deals for tower sales in Chad, Gabon
Airtel Africa, a provider of telecommunications and mobile money services, has entered into memorandum of understanding agreements for the potential
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ExxonMobil agrees to sell more Nigerian assets to Seplat for $1.3bn
United States-based ExxonMobil announced on Friday that it had reached an agreement to sell its equity interest in Mobil Producing
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Nigeria needs to reduce debt sustainability risks, says IMF
The International Monetary Fund has said there is an urgent need for fiscal consolidation to create policy space and reduce
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Firms to build new sugar processing plant in Nigeria
Ellah Lakes Plc has announced a collaboration agreement with Montserrado Investment Ltd to build a sugar processing plant in Nigeria,
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GTCO completes acquisition of Investment One Funds Management
Guaranty Trust Holding Company Plc announced on Monday that it had completed the acquisition of 100 percent shares in Investment
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Airtel Africa subsidiary to redeem $504.92m bonds before maturity
Airtel Africa has announced that its subsidiary, Bharti Airtel International (Netherlands) B.V., has elected to redeem all of its 5.125
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Unity Bank’s annual profit rises by 21%
Unity Bank Plc has reported a profit before tax of N2.69 billion for the 2021 financial year, compared to N2.22
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C & I Leasing appoints new GMD/CEO, others
C & I Leasing Plc has appointed Mr Ugoji Lenin Ugoji as its new group managing director/chief executive officer following
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End of an era: OPEC’s Barkindo served with distinction
By NJ Ayuk Many will agree OPEC Secretary-General H.E. Mohammed Barkindo walks in the same shoes as late world leaders
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