CBN sterilises another N72b, interbank rates
The money market observed the weekend with less liquidity in circulation as the apex bank sustained its efforts to support naira exchange rate ...
Afreximbank offers $83m to region’s factors
A fresh vista has been opened for the continent’s businesses engaged in factoring, as African Export-Import Bank (Afreximbank), approved $83 million lifeline, covering activities since 2012.
How confidence crisis delays return of foreign investors
Barely two months after the floating of Naira exchange rates, foreign investors are still battling with unsteady sentiments over the actual value ...
Non release of funds threatens World Bank-Lagos projects
There are indications that the multi-billion naira World Bank funded Lagos Bus Rapid Transit (BRT) system might have been in danger, following allegation of non-release of funds by the state government ...
Nigerian market in cautious mode as ‘week of data’ begins
Nigeria’s financial market is set begin activities today with cautious decisions as the week, expectedly, will off-load a flurry of “wanted” economic reports that will affirm the country’s health status.
How to identify potential penny stocks
Penny stocks in the capital market parlance are equities with relatively lower prices, in which investors can make money quickly in terms of capital appreciation or better returns in terms of dividend or bonus issues.
‘Industrialisation to drive Nigeria’s economy by 2025’
For Nigeria’s economy to attain its forecast value of $1 trillion by 2025, it will require a robust manufacturing sector and a detailed programme for industrialisation, the Director of Marketing at Afrocet ...
Mitsui Lines reaffirms presence in Nigeria
The MOL O.S.K Lines has confirmed its continued business operations in Nigeria, even as the notable shipping firm wax stronger in the African market.