Business

Airtel Africa listed on the Nigerian Stock Exchange on Tuesday in a 1.36 trillion naira ($4.4 bln) flotation turning the telecoms company into the bourse’s third-largest stock by market value. …

FILE PHOTO: Deutsche Bank headquarters in Frankfurt, Germany, June 9, 2015. REUTERS/Ralph Orlowski/File Photo Deutsche Bank AG eliminated whole teams at its Asian operations on Monday, as the German lender …

Deutsche Bank plans to scrap its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul designed to turn around the struggling German flagship …

African leaders met on Sunday to launch a continental free-trade zone that if successful would unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new …

Airtel Africa aims to list on the Nigerian bourse on Monday, one of the financial advisors arranging the issue said, after the exchange postponed the listing which had been scheduled …

Central Bank Governor Godwin Emefiele Central bank will try to force banks to lend more or face higher cash reserve requirements, part of a series of measures aimed at reviving …

The Asset Management Corporation of Nigeria (AMCON) got an ally yesterday in the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in its bid to recover over N5 trillion …

Nigerian equities continued on their losing streak as investors appeared to overlook new audited reports and accounts, dividend recommendations and prospects of interim dividends by many large-cap commercial banks.  For …

The Central Bank of Nigeria (CBN) has injected the sum of $242.04 million into the retail Secondary Market Intervention Sales (SMIS) and CNY 32.3million in the spot and short tenored …

Stakeholder Communities of Oil Mining License (OML) 25 and Shell Petroleum Development Company (SPDC) have signed a Memorandum of Understanding (MoU) for the ropening of the flow station and payment …