Thursday, October 18, 2018

FG Announces Pricing of US$1 Billion Notes

The Federal Republic of Nigeria (the “Republic”) today announces that it has priced its offering of US$1 billion aggregate principal amount of notes (the...
Godwin Emefiele, CBN Governor

Nigerian Interbank Rate Eases on Liquidity Injection

  Nigeria's interbank lending rate dropped 6.5 percentage points on Friday to 5 percent on average as the money market was awash with cash from...
Guinness Nigeria

Guinness Nigeria Plc Receives Shareholder Approval for N40bn Rights Issue

Guinness Nigeria Plc has received the approval of its shareholders for a proposed Rights Issue at its Extra-Ordinary General Meeting (EGM) held on Tuesday,...
MTN

MTN May Defer Nigeria Listing Until 2018 as Barriers Persist

·         Africa’s largest wireless carrier planned Lagos float in 2017 ·         Regulatory issues, macro conditions need to be resolved: CEO   MTN Group Ltd. may put off...
The Luxury Summit Logo

The Luxury Reporter, TOPCOMM PR to Hold The Luxury Lifestyle Summit in July 2017

The Luxury Reporter, publisher of the e-magazine, TLR in partnership with TOPCOMM PR Concept & Events, an integrated marketing communication and events management company...
Engie

ENGIE Signs Agreement for Renewable Energies Development in Senegal

  In Senegal, ENGIE has been selected for the Dakar TER project in partnership with Thales for the design and production of infrastructures and...

QG Africa Hotel LP acquires 100% of Mövenpick Ambassador Hotel in Ghana

The transaction which closed on 28 December 2016 marks the most sizable open-market hotel transaction in Sub-Saharan Africa to date Largest open-market hotel...
Nigerian Stock Exchange

Nigerian Naira Flat on Official and Black Markets, Stocks Down

OLUDARE MAYOWA, REUTERS   Jan 3 Nigeria's naira traded flat at the official interbank window and on the parallel market on the first trading day of...
Emirates Group Logo

Emirates Group Announces Half-year Profit of $364 Million for 2016-17

Group: Revenue up 1% to AED 46.5 billion (US$ 12.7 billion), and profit of AED 1.3 billion (US$ 364 million), down 64%, reflects...

Guinness Nigeria’s New Spirits Business Boosts First Quarter Revenue

Guinness Nigeria Plc announced on Saturday a revenue increase of 6% for the first quarter of its financial year ended 30 September 2016. The...
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