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Nigeria falls behind Egypt in foreign reserves, first time in six years
Egypt’s foreign-exchange reserves have overtaken Nigeria’s for the first time…
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Forex liquidity eases trade financing pressures on Nigerian banks
The Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX) mechanism, commonly…
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PwC points to global mining rebound as profitability returns to industry
Mining industry is once again offering opportunities for investment as…
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Nigeria’s oil export gets boost as Shell lifts Forcados force majeure
Royal Dutch Shell Tuesday lifted the force majeure on exports…
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$7.5bn power investment opportunity opens up in Nigeria for global investors
A Power Sector Recovery Program (PSRP) document seen by Businessamlive…
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Morgan Stanley raises Nigeria’s weighting in Frontier Market Index, with standalone decision pending
Nigeria’s weighting on the Morgan Stanley Capital International’s (MSCI) Frontier…
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Larfarge, Unilever, Oando, Union Bank to raise N273bn from rights issue
Buoyed by the ongoing positive sentiments in the equities market…
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Nigeria’s NBS links 14% Q4 2016 unemployment rate to rising labour population
Economic recession, job lay-offs and a 0.6 percent rise in…
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Nigeria’s central bank bans overnight holding of forex purchased at interbank market
*Introduces new spread limit of N1… The Central Bank of…
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Nigeria’s Taleveras, ExxonMobil, UK’s Ophir in Equatorial Guinea oil block wins
Nigeria’s rising and diversifying oil trading company, Taleveras, along with…
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