The Debt Management Office (DMO) on Friday listed its first Eurobonds on FMDQ Securities Exchange platform to fund the budget deficit and other financing needs of the Federal Government. The listing comprises dual-tranche 2.50 billion dollars ...
President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm oil into the country. The presidential directive was disclosed by CBN ...
India has imposed retaliatory tariffs on over 20 products imported from the U.S., a government official said on Friday, after Washington withdrew certain trade privileges this month. The move came after the U.S. decided to ...
No fewer than 32 Swiss companies have indicated interest in the nation’s oil and gas sector, the News Agency of Nigeria (NAN) reported on Friday. Amb. Baba Madugu, Nigerian Ambassador to Switzerland, disclosed this to ...
NASCON Allied Industries Plc is targeting more market share in the food sector through increased product range and innovation. According to Executive Director, Commercial of NASCON, Fatima Aliko-Dangote, the company, which added three new products ...
The African Development Bank remains strong with growing operating revenues and allocable income generated since 2010 reaching $2.5 billion, the Bank Group’s Treasurer, Hassatou Diop N’sele, stated on Thursday. In 2018, the Bank earned $214 million ...
The Nigerian National Petroleum Corporation (NNPC) on Thursday inaugurated a new office complex for its crude oil trading subsidiary, Duke Oil (NNPC Trading). Speaking at the launch of the facility in Abuja, the Group Managing ...
South Africa’s rand slipped on Thursday, as investors were unnerved by an investigation into a donation for President Cyril Ramaphosa’s 2017 campaign, leader of the governing African National Congress (ANC) party. Ramaphosa has said he ...
Oil prices jumped as much as 4 per cent on Thursday after a suspected attack on two tankers in the Gulf of Oman near Iran and the Strait of Hormuz, through which a fifth of ...
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