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Category: Economy

Business Economy

Nigeria floats $3bn biggest Eurobond

Iheanyi Ejiofor November 21, 2017 headline

The federal government says it has successfully priced its $3 billion Eurobond with a tenor of 10 and 30 years. This is the biggest Eurobond Nigeria has ever issued. The…

Read More Nigeria floats $3bn biggest Eurobond
Business Economy

CBN injects $210m into Forex market

Iheanyi Ejiofor November 20, 2017 headline

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the Bank on Monday, November 20, 2017, intervened in the inter-bank…

Read More CBN injects $210m into Forex market
Business Economy

Nigerian economy consolidates exit from recession

Iheanyi Ejiofor November 20, 2017 headline

Ebun Francis || Nigeria’s economy consolidated exit from from recession as Q3 2017 GDP grew by 1.40 percent compared to 0.71% in Q2, according to data released by National Bureau…

Read More Nigerian economy consolidates exit from recession
Economy Maritime

Heritage bank withholds NPA’s N7.731.9 trl to shore up sagging capital base

Iheanyi Ejiofor November 20, 2017 headline

Funso Olojo Heritage Bank is holding on to the $21.3m(N7.731.9trl.) belonging to the Nigerian Ports Authority (NPA), according to investigation by Alabingo.com The funds, which was the balance of the…

Read More Heritage bank withholds NPA’s N7.731.9 trl to shore up sagging capital base
Business Economy

13 Fidelity Bank customers win N15m cash prizes

Iheanyi Ejiofor November 16, 2017

Thirteen customers of Fidelity Bank Plc on Thursday won N15 million in its “Get Alert in Million’’ Promo Reloaded. The News Agency of Nigeria (NAN) reports that 11 lucky bank…

Read More 13 Fidelity Bank customers win N15m cash prizes

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