Dangote Cement eyes $700m forex earnings from terminals

The dollar weakened against its rivals on Tuesday, heading back toward a recent three-month low before a U.S. Central Bank...

Inflation Sustains Upward Rise to 11.40%

The Consumer Price Index (CPI), which measures inflation, again rose to 11.40 per cent year-on-year in May compared to 11.37...

Dangote Cement to attract $700 million as shareholders approve N272.6b dividend

Dangote Cement Plc has announced plans to attract $700 million in foreign exchange from the exportation of the product to...

We were not given fair hearing, Oando insists

Again, the embattled management of Oando Plc has accused the Securities and Exchange Commission (SEC), of not granting it fair...

CBN Wants C’River Anchor Borrowers’ Beneficiaries to Pay Back

The Central of Nigeria (CBN) has asked rice farmers in Cross River State who benefited from the Anchor Borrowers’ Programme...

RPT-Airtel Africa expects London IPO to be priced between 80-100 pence share

Airtel Africa Ltd (IPO-AIRTA.L), a unit of India’s Bharti Airtel Ltd, on Monday set a price range of 80 to...

‘How Nigeria, others generated $67b insurance premium’

Nigeria and other African countries were able to generate $676.7 billion insurance premium income, going by the records of the...

431 debtors owe AMCON between N1b and N10b

Sixty-Two debtors are owing the Asset Management Corporation of Nigeria (AMCON) N10 billion and above each, the agency has said....

Instant bank transfers rise to N41.48tn in five months