Month: June 2019
The long bearish trend on the Nigerian Stock Exchange (NSE) seems to be moderating, as the crucial market indicators dropped marginally by 0.02 per cent on Thursday. The News Agency of Nigeria (NAN) reports that ...
Zimbabwe’s interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in ...
Airtel Africa Plc, the second largest telecommunications group in Africa is set to sell its shares to Nigerian investors at between N363 and N454 per share. The company in an offer prospectus obtained by the ...
The African Development Bank , Making Finance Work for Africa (MFW4A) and the German Cooperation (BMZ/GIZ) held a two-day international workshop in Frankfurt, Germany, to improve participants’ understanding of trade financing in Africa. The workshop, ...
Oil prices climbed about three per cent on Thursday amid escalating tensions in Middle East as U.S. alleged that its military drone was shot down by an Iranian missile. The drone was downed in international ...
Boeing is in talks with other airlines for sales of its grounded 737 MAX after receiving a letter of intent for 200 planes from British Airways owner IAG at the Paris Airshow, its sales chief ...
Lafarge Africa Plc on Wednesday announced the proposed sale of 100 per cent equity in Lafarge South Africa Holdings Limited (LSAH). Consequently, the company notified its shareholders of the proposed related party transactions with Caricement ...
Mr Femi Otedola on Wednesday announced his exit from Forte Oil Plc with divestment of 75 per cent stake in the company. Specifically, a total of 970.17 million shares of Forte Oil, worth N64.38 billion ...
The Nigeria Ambassador to France, Modupe Irele, says the Nigerian-France Investment Forum will create a platform to boost trade relationship between both countries and an opportunity for more French investors in Nigeria. The Ambassador said ...
The Nigerian Export Promotion Council (NEPC) says its partnership with Africa’s retail giant, Shoprite, will boost export of Nigerian products to Africa and beyond. Mr Olusegun Awolowo, the NEPC Executive Director, while receiving a delegation ...
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