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Category: Economy

Business Economy

MTN perfects plans for IPO in Nigeria

Iheanyi Ejiofor May 28, 2018 headline

Emeka Ejere| MTN Group on Monday said it was perfecting the details of its proposed Nigeria Initial Public Offering (IPO). MTN Group’s spokesperson, who pleaded anonymity, confirmed this in response…

Read More MTN perfects plans for IPO in Nigeria
Business Economy

Coca-Cola launches first alcoholic drink

Iheanyi Ejiofor May 28, 2018

Coca-Cola has launched its first alcoholic drink, a lemon flavoured alcopop, in Japan in a bid to tap new markets and consumers. In a global first for the US drinks…

Read More Coca-Cola launches first alcoholic drink
Business Economy headline

CBN directs commercial banks to sell forex across the counter to customers

Iheanyi Ejiofor May 28, 2018 headline

Chidi Samuel| The Central Bank of Nigeria, (CBN), on Sunday directed all commercial banks in the country to immediately sell foreign exchange to any customer upon the presentation of relevant…

Read More CBN directs commercial banks to sell forex across the counter to customers
Economy headline

Buhari receives 2018 budget from National Assembly

Iheanyi Ejiofor May 25, 2018 headline

Chidi Samuel| President Muhammadu Buhari on Friday received the 2018 Appropriation Bill from the National Assembly. The document was received Friday evening by the president’s liaison officer to the Senate, Ita…

Read More Buhari receives 2018 budget from National Assembly
Business Economy

Nigerian stocks lose N299b in 2 days

Iheanyi Ejiofor May 25, 2018 headline

Emeka Ejere| The Nigerian Stock Exchange (NSE) market capitalisation on Friday closed negatively, for the fifth day, dipping further by N145 billion and recording a loss of N299 billion in…

Read More Nigerian stocks lose N299b in 2 days

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