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EKEDC Urges Customers to Make Electronic payments in Bills Settlement

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LAGOS, AUGUST 16, 2018 - Eko Electricity Distribution Company Plc (EKEDC) has urged its customers to embrace modern electronic payment platforms for electricity consumed,...

NIRSAL Targets N1.6 trillion Revenue from Agricultural Products Export

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AUGUST 16, 2018 - Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) has projected the country’s agricultural exports revenue to reach $4.4 billion...

FIFA Ranking: Super Eagles Drops To 41st Position, France Tops Ranking...

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AUGUST 16, 2018 - Egypt had a worse fall. Mohamed Salah’s Egypt dropped from 45th to 65th. The Pharaohs failed to win a game in...

Oil Prices Crash on Expectation for Rise in Crude Inventories

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AUGUST 16, 2018 - Oil futures fell more than $1 a barrel on Wednesday, pressured by a weaker global economic growth outlook and a...

Sterling Suffers Longest Losing Streak Since 2008

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AUGUST 16, 2018 - Sterling fell on Wednesday for the twelfth consecutive day as the U.S. dollar strengthened, leaving the pound at its weakest...

Nigerian stocks extend losses as emerging markets tumble

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LAGOS, AUGUST 16, 2018 - Nigerian stocks extended losses for the ninth session on Wednesday as investors sold off shares from the relatively liquid...

Nigeria auctions 100 billion naira of 5-, 7-, 10-year bonds

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ABUJA, AUGUST 16, 2018 - Nigeria’s debt management office auctioned 100.9 billion naira ($327.8 million) of five-, seven- and 10-year bonds on Wednesday, it...

MTN Nigeria signs 200 billion naira loan to expand network

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LAGOS, AUGUST 16, 2018 - MTN Nigeria has signed a 200 billion naira ($636 million) loan with a consortium of 12 lenders to fund...

CBN Disqalifies Substandard Made-in China Products from Naira-Yuan Deal

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ABUJA, AUGUST 16, 2018 - The Central Bank of Nigeria (CBN) has said the currency swap agreement reached with the People’s Bank of China,...

Victor Moses announces international retirement

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AUGUST 16, 2018 - Nigeria’s Victor Moses has announced his retirement from international football at the age of 27 in order to focus on...