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CBN Injects $142.5m Into Foreign Exchange Market

The Central Bank of Nigeria on Monday injected $142.5m into the inter-bank foreign exchange, days after intervening in the retail segment of the market...

Bakers Threaten Nationwide Strike Over Price of Flour

The Association of Master Bakers and Caterers of Nigeria on Thursday decried refusal of millers to reduce the price of flour in spite of...

N3.57tn Borrowed in 21 Months to Finance Budget Deficit – FG

The Federal Government said on Tuesday that it borrowed N3.57tn between June 2015 and March 2017 to finance budget deficits. The government said this in...

Wines of South Africa set for Grand Tasting events in Lagos...

  Have you always wanted to savour fine wines made in South Africa? Or are you just a connoisseur who cherishes good quality wine? Then...

France to Invest €1bn in Nigeria’s Oil Sector

The French government has announced that it has set aside about €1bn to be invested in Nigeria’s oil and gas industry, and that Nigeria...

Budget: FG To Release N350bn For Capital Projects

The Federal Government is set to release the first tranche of capital release of N350bn to its Ministries, Departments and Agencies for implementation of...

Otunba Mike Adenuga Now The Largest Shareholder in Julius Berger ?

Nairametrics investigations suggest billionaire investor and owner of Globacom, Mike Adenuga is now the single largest majority shareholder in Julius Berger Nigeria Plc. The report...

Official: Etisalat UAE Pulls Out Of Nigeria, May Also Take Back...

Etisalat Nigeria has confirmed changes in its shareholdings structure. Its Abu Dhabi parent company, Etisalat UAE informed the Abu Dhabi stock exchange earlier today...

N541 billion Debt: Access Bank, others take over Etisalat Nigeria

A consortium of banks, led by Access Bank PLC and other Nigerian and foreign banks, has taken over the management of Etisalat Nigeria, effective...

Samsung Rewards Galaxy S8 Customers with Free Accessories

Samsung Electronics West Africa has announced the commencement of a promotional offer on its recently launched Galaxy S Series, the Samsung Galaxy S8 and...

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