Eterna Plc Appoints Lamis Shehu Dikko as Chairman of the Board
Eterna Plc has announced the appointment of Mr. Lamis Shehu Dikko as the Chairman of its Board of Directors. Mr. Dikko was appointed to the Board of the company as…
Business
FCMB Raises N5.1bn via Bond
Nigerian mid-tier lender FCMB has sold 5.1 billion naira ($16 million) of bonds, less than it originally planned to raise, at an interest rate coupon of 17.25 percent, its advisers…
Proshare Nigeria Launches Mobile App
The multiple awards winning Proshare known for its continuous innovation is delighted to announce that the Proshare Mobile App is now live on Android mobile devices. This development is coming…
BoI Offers Aba Manufacturers Loan Tips
The Bank of Industry (BoI) has offered tips to Aba-based manufacturers on ways to secure its facilities to expand their businesses. BoI’s Acting Managing Director Mr. Waheed Olagunju coordinated the…
FOREX Ban on 41 Items Stays, Says CBN
By Akin Akinremi The Central Bank of Nigeria (CBN) has rejected calls by the Organised Private Sector (OPS) to reverse its foreign exchange (forex) ban on 41 goods, which the…
Domestic Market Drive: Heritage Bank Sponsors Season-3 of Bukus & Joints
By Akin Akinremi In a bid to promote local foods and strengthen the domestic market, Heritage Bank Plc, Nigeria’s Most Innovative Banking Services Provider, has sponsored Season-3 of Bukas & Joints,…
FG to Jack up VAT on Luxury Items
By Akin Akinremi The Federal Government will soon increase Value Added Tax (VAT) on some luxury items in the country. Minister of Finance, Mrs Kemi Adeosun, revealed this while…
Nigeria’s Forte Oil Raises N9billion in Bond Sale
By Akin Akinremi Nigerian energy firm Forte Oil has raised 9 billion naira ($30 million) with the sale of five-year bonds carrying an interest rate coupon of 17.5 percent, under…
FMDQ Achieves ₦113.66trillion 2016 Market Turnover
FMDQ OTC Securities Exchange (‘FMDQ’ or the ‘OTC Exchange’) has since its launch onto the Nigerian financial markets landscape in 2013, championed initiatives geared towards providing an enabling environment…
FG Secures EU’s Commitment on Rebuilding of North East, Niger Delta
The European Union (EU) on Monday pledged its support for the ongoing efforts of the Federal Government to rebuild some parts of the North East and Niger Delta regions…
