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Food Concepts Gets Ratings Upgrade Amidst Expansion Plan A leading Quick Service Restaurants (QSR) operator Food Concepts owner of the Chicken Republic, PieExpress gets a rating upgrade ahead of a…
Dollar Index Hits 16-Month High as Inflationary Pressures Bite The US dollar index jumped to its highest level in 16 months as the greenback continued to show strength amid the…
Honeywell on Gaining Streaks despite Bearish Trade on NGX Honeywell Plc share price stays on gaining streaks on Thursday despite sustained selloffs in the Nigerian Exchange. The group share price…
Stanbic IBTC Capital Wins Multiple Medals at 2021 EMEA Awards In recognition of its position as Nigeria’s leading investment banking institution, Stanbic IBTC Capital Limited, a subsidiary of Stanbic IBTC…
Yield Sinks Below 5% After 364-Day T-Bills Spot Rate Falls The average yield on Treasury bills fall below 5% on Thursday in the secondary market a day after the Central…
Honeywell Share Price Rises 20% after Acquisition Notice Honeywell Flour Mills share price has increased to N4.05 after the market closed on Thursday as equity investors react positively to the…
EIB Opens Africa Hub, Back Private Sector Recovery With Fund EIB Opens Africa Hub: On his first official visit to Africa since the start of the COVID-19 pandemic, European Investment…
Access Bank, SME.NG Partner to Roll out EMI Marketplace SME.NG in partnership with Access Bank Plc and other leading institutions, including the Bank of Industry (BOI), LAPO Microfinance Bank, Chapel…
Naira Slumps as Foreign Currencies Inflows Tumble The Nigerian local currency, naira, weakened to N415.07 a dollar on Monday following a disequilibrium position resulting from high demand and lower supply.…
MTN Nigeria Launches Equity Bookbuild to Investors Ahead of its offer to retail investors, MTN Nigeria Plc today launches an equity Book building to qualified investors, the telecom company informed…
CBN Policy Committee Keeps Benchmark Interest Rate Central Bank of Nigeria (CBN) monetary policy committee keeps benchmark interest rate at 11.5% after the meeting noted a relatively healthy gross domestic…
Investors Records Loss as Nigerian Exchange Halts Uptrend The Nigerian Exchange (NGX) on Tuesday halts uptrend with fresh selling rallies after it bucked four days of bearish trading sessions as…
FG Spends N2.3trn to Cushion Effect of COVID-19, Says Minister The Minister of State, Budget and National Planning, Mr Clem Agba, said the federal government had spent N2.3 trillion as…
Senate to Pass 2022 Appropriation Bill in December The 2022 Appropriation Bill will be passed on December 14, President of the Senate, Ahmad Lawan, has said. Lawan, who made the…
Yield Steadies as CBN Sets to Rollover N118.73bn Maturing T-Bills The average yield steadies on Tuesday as the Central Bank of Nigeria (CBN) sets to roll over N118.73 billion maturing…
Unity Bank Targets Women; Launches Yanga Account In its bid to demonstrate increased commitment towards promoting financial inclusion and women empowerment, Nigeria’s retail lender, Unity Bank Plc has launched Yanga…
CBN Disburses N864 Billion to Farmers in Six Years The Central Bank of Nigeria (CBN) says it has so far disbursed N864 billion to 4.1 million farmers to cultivate 5.02…
MPC: Analysts Expect CBN to Keep Policy Rates Ahead of the monetary policy committee meeting scheduled for the week, a slew of analysts is expecting the Central Bank of Nigeria…
MTN Nigeria: Why You Should Not Miss 575mln Shares Public Offer Two years after listing by introduction the local bourse, Mobile Telecommunication Network (MTN) Nigeria share has gained more than…
McKinsey Shades Africa in Rise and Rise of Global Balance Sheet Report The world has never been wealthier, with large variations across countries and households since 2000, the global balance…
