Business

The Central Bank of Nigeria is to carry out a financial check of the winner of the 9mobile auction while the Nigerian Communications Commission will focus on the buyer’s ability to provide quality service, the Executive Vice-Chairman, NCC, Umar Danbatta, has said. “These are all measures we’re putting in place to ensure the survival of […]

The President/Chief Executive Officer, Dangote Industries Limited, Aliko Dangote, has said that his target is to ensure that Nigeria becomes economically self-sufficient. He said this during the 2018 Customers Celebration and Distributors Awards Night of Dangote Foods, comprising of Dangote Flour Mills, Dangote Sugar Refinery and NASCON Allied Industries, where 77 customers were rewarded in […]

Despite the fact that trading on the floor of the Nigerian Stock Exchange on Tuesday was characterised by sell-offs across sectors, the negative impact was offset by buying interest in some large cap stocks, especially that of Dangote Cement Plc. As a result, the NSE All-Share Index appreciated by 0.38 per cent to close at […]

The African Export-Import Bank said it will invest up to $1.5 billion (1.2 billion euros) in fishing, mining and financial projects in Mauritania, as the mineral-rich north African desert nation seeks to diversify its economy. Afreximbank, based in Cairo, was set up by African countries in 1993 to promote and finance trade within the African […]

Asian markets dipped Tuesday after holiday closures saw muted activity in Europe, with investors in both continents searching for fresh leads. Tokyo fell just over one percent, snapping a three day winning streak as investors locked in profits after the recent gains. Hong Kong dipped 0.8 percent as traders returned to work after the Lunar […]


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