Business

Muhammadu Buhari The Federal Executive Council (FEC) on Wednesday approved   $1 billion Chinese loan from Chinese EXIM Bank for the Gurara II Hydropower project. The project at completion will generate …

File photo The bearishness at the Nigerian stock market further exacerbated today as continuing selloffs across the sectors left the market with a net capital depreciation of N51 billion, more …

MTN Nigeria Communications Plc will lift the market capitalisation of the Nigerian equities market by N1.836 trillion as Nigeria’s largest telecommunications company lists its shares on the premium board of …

File photo The Fiscal Policy Roundtable Co-Chair Doyin Salami has linked government’s inability to meet recurrent and capital expenditures to N3.8 billion budget defict and debt profile of N22.7 trillion. …

The Nigerian Stock Exchange has delisted Newrest ASL Nigeria Plc from its daily official list. The NSE, in a notice to investors dated May 13, 2019, said the entire issued …

Ogoniland The Federal Government on Tuesday announced that the cleanup of Ogoniland would start with the handing over of the polluted sites to contractors next Wednesday. It said the move …

DG, Debt Management Office, Patience Oniha The Federal Government is offering fresh N100bn bonds for subscription through an auction scheduled for next week. The Debt Management Office, in a circular …

File photo Atlantic Energy Drilling Concept Nigeria Limited, an oil firm that swindled billions of dollars from the flagship subsidiary of the Nigerian National Petroleum Corporation – Nigeria Petroleum Development …

The Nigerian Stock Exchange on Tuesday approved the listing of MTN Nigeria shares on the nation’s bourse. A senior management at the NSE, who pleaded anonymity, told the News Agency …

South Africa’s MTN aims to list its Nigerian business on the Nigerian Stock Exchange on Thursday, two sources familiar with the listing told Reuters. The telecoms firm, which has said …