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Category: Business

Business Economy

Nigerian annual inflation slows for 10th month, to 15.90% -NBS

Iheanyi Ejiofor December 18, 2017

Emeka Ejere || Annual inflation in Nigeria slowed for the tenth month in a row in November, easing to 15.90 percent, the National Bureau of Statistics (NBS) said on Monday…

Read More Nigerian annual inflation slows for 10th month, to 15.90% -NBS
Business Economy

Dangote Cement shares trade in $350m off-market deal

Iheanyi Ejiofor December 18, 2017

Emeka Ejere || Some 550 million shares of Dangote Cement were sold at N225.7 each on Monday in a one-off stock market deal valued at $350 million, traders said. Traders…

Read More Dangote Cement shares trade in $350m off-market deal
Business Economy

Q3: Banks gave N15.8 trillion credit to private sector – NBS

Iheanyi Ejiofor December 18, 2017

Emeka Ejere || Deposit money banks in the country allocated credit facility worth N15.83 trillion to the private sector in the third quarter of 2017, a Nigerian Bureau of Statistics,…

Read More Q3: Banks gave N15.8 trillion credit to private sector – NBS
Breaking Business Economy

JUST IN: PENGASSAN suspends planned nationwide strike

Iheanyi Ejiofor December 18, 2017 headline

Ebun Francis || The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called off its planned nationwide strike scheduled to commence at 11:59 P.M. on Monday. The…

Read More JUST IN: PENGASSAN suspends planned nationwide strike
Business Economy

Nigeria floats N10bn first African Green bond

Iheanyi Ejiofor December 18, 2017 headline

Ebun Francis || Nigeria on Monday through the Debt Management Office (DMO), launched a N10.69 billion Green bond to fund clean energy projects in the 2017 budget. The bond, according…

Read More Nigeria floats N10bn first African Green bond

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