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Investors Show Confidence in Fidelity Bank Despite EFCC Allegations

Investors have shown in today’s (28 April, 2016) trading on the Nigerian Stock Exchange (NSE) that they are unshaken by…

Money Issues

Equity Investments Still Dominate Foreign Investment Inflow

Shares of Nigerian companies still remain the preferred investment choice of foreign investors investing in Nigeria; data released by the…

Money Issues

This Is Why Nigeria’s Foreign Investment Has Dropped to 9-year Low

Foreign investors are increasingly getting less interested in bring money to invest in Nigeria, the latest figures released by the…

Money Issues

Airlines Have $700 Million Trapped at the CBN

International airlines have resorted to selling their tickets in dollars because of their inability to access up to $700 million…

Money Issues

S&T Media Secures $1m (N200 million) Funding from EchoVC Partners

S&T Media, an innovative new advertising firm, will get N200 million ($1m) in seed funding from EchoVC Partners, a venture…

Finance Ministry Moves to Improve Transparency in Federation Accounts

The Ministry of Finance is taking new steps to improve accountability and transparency in the revenues accruable to the federation…

Customs Officers To Get Higher Pay Says FG

To reduce corruption in the Nigerian Customs Service (NCS) and motivate them for higher performance, the Minister of Finance, Kemi…

Access Bank Makes N65 Billion Profit, To Pay 30 Kobo Dividend

Shareholders of Access Bank Plc will get a 30 kobo final dividend after the bank announced today March 17th, 2016…

1,000 New African Entrepreneurs Join $100m Tony Elumelu Entrepreneurship Programme

The Tony Elumelu Foundation (TEF) announces the selection of 1,000 entrepreneurs for the 2nd round of the Tony Elumelu Entrepreneurship…

Retail Business In Africa Still 90% Dominated By Informal Trade

Despite its huge potential, the retail business in Africa is still 90 percent dominated by informal trade, states the PwC’s…