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CBN to sell Chinese yuan in second auction – traders
LAGOS, AUGUST 17, 2018 - THE central bank of Nigeria asked lenders on Friday to submit bids for the Chinese yuan, traders said, in...
Rewane faults report ranking Lagos third worst City to live in
LAGOS, AUGUST 16, 2018 – Renowned financial expert, Mr. Bismarck Rewane has faulted a report rating Lagos as third worst city to live in...
EKEDC Urges Customers to Make Electronic payments in Bills Settlement
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
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...
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
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
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
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
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
LAGOS, AUGUST 16, 2018 - MTN Nigeria has signed a 200 billion naira ($636 million) loan with a consortium of 12 lenders to fund...
