First sovereign Sukuk attracts over N5bn in 2017, says committee

AfDB Building<br />The Technical Committee on Non-interest capital market has said the first sovereign Sukuk attracted over N5b into the market from 1,600 retail...

MTN to pick more banks to work on planned Nigerian IPO

PHOTO: BloombergMTN Group Ltd. has appointed more banks for the sale of shares in its Nigerian unit on the stock exchange in Lagos as...

Pound slides as UK rate hike prospect dims

The pound sank close to $1.40 on Friday after Bank of England Governor Mark Carney suggested that it was not guaranteed to hike its...

Asian markets fall in line with Wall Street as tech firms...

Asian markets mostly fell Friday as investors struggled to maintain the previous day's positive momentum following losses on Wall Street, with technology firms tracking...

FG may impose levies on imported starch to drive cassava processing

Cassava Nigeria spent $654m on product, flour, others The Federal Government may impose levies on imported starch, sweeteners, flour and ethanol soon in a bid to...

IMF reverses oil prices downward

IMF Building Hopes of the Organisation of Petroleum Exporting Countries (OPEC) ever witnessing an oil price of $100 per barrels has been dimmed by the...

French firm to operate Lekki Port’s container terminal

Minister of Transportation, Rotimi Amaechi (left); Chief Executive Officer, Lekki Port LFTZ Enterprise, Navin Nahata; Vice President, Prof. Yemi Osinbajo; Deputy Governor, Lagos State,...

Dangote Cement, Oando, others buoy NSE’s indices by N36 billion

Dangote Cement factory Following price gains recorded by major highly capitalized stocks, especially Dangote cement and Oando, transactions on the stock market closed in an...

Minister urges e-commerce operators to use NIPOST’s 1500 centres for growth

Minister of Communications, Adebayo Shittu Minister of Communications, Barr Adebayo Shittu has advised e-commerce operators to leverage on the Nigerian Postal Service (NIPOST) 1, 500...

Kenyatta commends Elumelu’s $100m African entrepreneurs’ scheme

Kenya's President Uhuru Kenyatta (L), flanked by his wife Margaret Gakuo Kenyatta, speaks following the Electoral Commission's official announcement of the election results on...
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