Emeka Ejere| Oil prices extended their decline from last week on growing expectations that major oil producers may ease their 17-month-old production cuts. A return to the oil production levels…
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Category: Economy
MTN perfects plans for IPO in Nigeria
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…
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Coca-Cola launches first alcoholic drink
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…
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CBN directs commercial banks to sell forex across the counter to customers
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…
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Buhari receives 2018 budget from National Assembly
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…
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