NNPC to grow reserves by 40b barrels reserve

The African Development Bank (AfDB), has held a Business Opportunity Seminar (BOS), focused on strengthening and fostering the engagement of...

Stock market index plunges further on profit-taking

Following profit-taking in some bellwethers, transactions on the trading floor of the Nigerian Stock Exchange (NSE), extended the negative streak...

MTN become public company ahead of share listing

MTN Nigeria Communications Plc (MTN), has completed its conversion from a private company to a public company (Plc). The Telecommunications...

CBN’s Financial Inclusion And FCMB’s Easy Account

It is gratifying that over the years, the Central Bank of Nigeria (CBN), in its various initiatives, has made a...

Interbank forex market gets $210m boost from CBN

The Central Bank of Nigeria (CBN) yesterday intervened with the sum of $210 million to sustain liquidity in that segment...

Tanzania eyes 10,000 MW power generation capacity by 2025

Tanzania aims to have six times its current power generation capacity by 2025 through investment in thermal and renewable energy,...

South African rand falls as U.S. data bolsters dollar

South Africa’s rand slipped to a three-week low in early trade on Wednesday as robust U.S. economic data supported the...

MTN converts Nigerian unit to public company before planned listing

MTN has converted its Nigerian unit into a public company from a private one before a planned listing on the...

Adding to Ghosn woes, Nissan slashes profit outlook to near-decade low