24 C
Lagos, South Africa and New York
Mon, Aug 26, 2019


Gov. Emmanuel to convert technical college to skills development centre

Gov. Udom Emmanuel of Akwa Ibom says former Technical College, Ikot Ada Idem in Ibiono...

Buhari Re-appoints Adesina, Shehu As Media Aides

President Muhammadu Buhari has reappointed Mr. Femi Adesina and Mallam Garba Shehu as Special Adviser...

Presidential Retreat Ends, Cabinet Set For Swearing-In, Ministerial Mandates

The two-day retreat hosted by President Muhammadu Buhari came to an end on Tuesday, with...

El-Zakzaky: 186 doctors from 7 countries write Buhari

A group of doctors from seven countries – Pakistan, India, Iran, Afghanistan, Syria, Lebanon and...

Nigeria online journalists Demands Immediate Release Of Omoyele Sowore

The Online Publisher Association of Nigeria (OPAN) has condemned the arrest of the publisher...

Non implementation of 60% 2019 Budget will be added into 2020...

The Minister of Labour and Employment, Dr Chris Ngige, on Thursday said that lack of aggressive implementation of the 2019 budget meant that 60...

Gombe secures N3.4bn World Bank loan to fight malnutrition

The Gombe State Government, in collaboration with the federal government, has secured N3.4 billion loan from the World Bank for use in checking malnutrition...

El-Rufai Submits N81bn Supplementary Budget

Nasir El-Rufai, the Governor of Kaduna State, has submitted N81bn supplementary budget to the state House of Assembly for ratification. The house was...

Credit Cards

Personal Finance

Spendings & Savings

Taxes

PRIVATE EQUITY FUND NEWS

Nigeria’s 9mobile gets AFC’s $230 mln loan for growth, expansion

LAGOS, Aug 25 - The Africa Finance Corporation has approved a $230 million loan for Nigerian telecom company 9mobile, the firm said on...

Jumia Finds Wrongdoing in Nigeria Sales Force as Loss Widens

While the Berlin-based company Jumia Technologies AG is taking measures to cut out instances of wrongdoning, the findings backed up warnings made by short-sellers...

Nigeria’s Biggest Bank Targets Acquisition Deals to Drive East African Expansion

By Emele Onu Guaranty Trust Bank Plc will consider acquisitions outside its home market as Nigeria’s biggest lender by market value seeks to expand on...

H1’19: Zenith Bank grows profit to N111.7bn, declares 30k dividend

Zenith Bank Plc has announced profit before tax (PBT) of N111.7billion and proposed interim dividend of 30 kobo per share for the half-year ended...

MTN’s Nigerian unit becomes most valuable stock in Lagos bourse

It may be a new kid on the block, but MTN’s Nigerian unit has become the most valuable company on the Lagos stock exchange. Three...

Zenith Bank to Boost Credit as Loan Ratio Falls Below Threshold

Lender targets retail credit to meet loan-to-deposit ratio Nigeria’s second-most valuable bank posted 9% profit increase Zenith Bank...

GTBank Reports ₦115.8Billion PAT for 2019 Half Year

Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2019 to the Nigerian and London Stock...

The Big Read

Adeleke Adeleye stands in front of a bank of whirring printers spinning out dozens of envelopes a minute in Nigeria’s commercial capital of Lagos. His stationery company, FAE Ltd, is thriving and will move into a larger factory nearby by the end of next year. But he sees trouble on the horizon in the form of a new African free trade...
Regional currency aims to bolster trade despite obstacles Debate over fixed or floating regime could again delay launch Trading with any of the other members of the Economic Community of West African States requires him to find expensive money changers to convert local currencies, adding to costs that are already high due to...

COMMODITIES

CURRENCIES

RESEARCH & ANALYSIS

CRYPTOCURRENCY

DEAL OF THE WEEK

HEALTH + FITNESS

WORLD

GLOBAL ECONOMY

Reuben Okoya: The New Dawn in Bayelsa Politics

One man that is making a grand entry into the political turf of Bayelasa state is Reuben Okoya; and his antecedents are speaking volumes...

Is a new debt crisis mounting in Africa?

Rising debt in sub-Saharan Africa has sparked fears that the continent is heading towards crisis point. Although debt ratios remain below historic highs, critics...

OPINION: Giant African economies must create jobs

JOHANNESBURG - In May, I penned a piece on South Africa’s unemployment crisis. At that time Statistics SA had just released the quarterly unemployment...

GLOBAL ENTREPRENUERS

Nigerian business Jim Ovia has lost close to $64 million in paper net worth over the last 6 months as the stock price of Zenith Bank, the tier-one Nigerian commercial bank where he is the largest shareholder, shed 33% in value within that period. On the 8th of February this year, Zenith Bank was trading at a share price of...
%d bloggers like this: