Tuesday, June 18, 2019
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Ayo Ademola

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Airtel Africa Plans Dual Listing

Airtel Africa Ltd, a unit of India’s Bharti Airtel Ltd, said it intends to list its shares on the Nigerian Stock Exchange (NSE) at...

Shareholders of Dangote Cement Approve N16 Dividend

…company to attracts $700m foreign exchange The Shareholders of Dangote Cement Plc approved N16.00 dividend on each 50kobo share held during the 10th Annual General...

SEC, ACMAN, to develop benchmark for capital market studies

The Securities and Exchange Commission (SEC) and the Association of Capital Market Academics of Nigeria (ACMAN) have entered into collaboration to develop a curriculum...

Kebbi, Bauchi Emerge Highest States in Inflation Rate, Says NBS

…as inflation rate increases to 11.40% The National Bureau of Staitistcs (NBS) has disclosed that Kebbi and Bauchi state have the highest all items inflation...

CBN’s Interbank rate: Naira closes flat to N307/$ on Thursday

Following the Central Bank of Nigeria (CBN) intervention, Naira at the interbank market rate closed flat at N307/ Dollar on Thursday. At the parallel market,...

Equities market closes negative over profit-taking in Dangote Cement, 14 others

The equities market of The Nigerian Stock Exchange (NSE) depreciated on Thursday on the resumption of trading after the federal government had declared Wednesday...

Aggregate Outflow of Foreign Exchange Fell by 6.7% – CBN

  The Central Bank of Nigeria (CBN) has said aggregate outflow of foreign exchange fell by 6.7 per cent below the level at the end...

Pension funds Asset hits N9.03trn in Q1- NBS

The National Bureau of Statistics (NBS) has said Pension Assets under Management as at first quarter of (Q1) 2019 stood at N9.03 trillion as...

Fitch Affirms Lagos State at ‘B plus’; Outlook Stable

Fitch Ratings has affirmed Lagos State's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+' with Stable Outlook and Short-Term Foreign-Currency IDR at...

FG Must Eliminate Fuel Subsidy, Others to Achieve Double-digit Growth- Chike-Obi

For the Nigerian economy to achieve double digit growth, the Executive Vice Chairman, Alpha African Advisory, Mr Mustafa Chike-Obi, has said federal government must ...
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