Browsing: Nigeria

In Nigeria, Guinea Insurance Plc’s activities were suspended by the National Insurance Commission (NAICOM) in a decision issued on January…

The Federal Government of Nigeria has allocated a 5.12-hectare piece of land in Abuja to the African Export-Import Bank (Afreximbank)…

The Central Bank of Nigeria (CBN) injected on Tuesday, January 29, 210 million USD on the interbank foreign exchange market…

The Central Bank of Nigeria (CBN) announced on Monday (December 24th) that it has resolved its dispute of more than…

Diamond Bank can now only operate in Nigeria as a national bank. The institution was notified of the decision by…

The investment firm Wendel announced Wednesday evening that all the accounts of IHS, a telecom infrastructure company that represents one…

A political and inflationary decision according to the experts. Under pressure from the union, including the Nigeria Labor Congress, President…

Enko Capital has invested in Nigeria Mortgage Bank Mortgage Bank Ltd. (IHMB) through the Africa Private Equity Fund (“EAPEF”). This…

The African Continental Free Trade Agreement (AfCFTA) has huge potential to move Africa to dizzy heights of development on the…

Attacked by the Nigerian regulatory authorities, MTN reconfirmed its intention to list its local subsidiary on the stock exchange. Staying…

Enko Capital Managers (“ECM”), managers of the Enko Africa Private Equity Fund (“EAPEF”), a private equity investor targeting mid-cap growth…

The Africa Trade Forum 2018, hosted by Nigeria’s Ministry of Industry, Trade and Investment, and co-organised by the United Nations…

The International Monetary Fund (IMF) has revised down Nigeria’s economic growth rate for 2018, with a new forecast of 1.9…

The market had anticipated it. The Nigerian Stock Exchange (NSE) finally suspended Skye Bank on Monday, September 24, 2018. This…

Nigeria’s state-owned petroleum company NNPC is targeting 2.3 million barrels a day in 2019, compared with 1.7 million currently, according…

Lafarge Africa Plc announces a new issue of rights worth up to 90 billion naira, or $ 250 million, as…

Now, it will require a minimum capital of 6 billion naira ($ 16.6 million) against 2 billion naira ($ 5.5…

Businessman Aliko Dangote announced on Tuesday (July 24th) that he has raised more than $ 4.5 billion through debt financing,…

The French group Suez announced this July 24 to have won four new contracts on the African continent of 95…

The Egyptian bank, EFG Hermes Holding, announced on Thursday (July 19th) the signing of a definitive sale and purchase agreement…

The economy of the country to 190 million inhabitants takes the colors, reading the forecasts made by the French insurance…

The China National Offshore Oil Corporation (CNOOC) plans to inject an additional $ 3 billion into its offshore oil and…

Ecobank Nigeria has signed with Total Nigeria Limited, a strategic partnership to provide agency banking services at Total gas stations…

The Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe, today urges Nigeria to join the movement of…

Ecobank Nigeria has signed a bancassurance agreement with Old Mutual General Insurance Company and Old Mutual Nigeria Life Assurance Company…

The Central Bank of Nigeria (CBN) has appealed to local businesses to use the yuan instead of the dollar in…

Nigeria’s Samaila Zubairu was announced on July 1, the new managing director of Africa Finance Corporation (AFC), replacing Andrew Alli,…

ABSA is seeking a banking license in Nigeria. The South African banking group which began its activities on the Nigerian…

The President of the Federal Republic of Nigeria, Muhammadu Buhari, conducts, on Sunday and Monday, June 10 and 11, 2018,…

Nigerian bank First Bank has partnered with the WorldRemit digital money transfer service to make it easier for the diaspora…