Ethiopian Airline: Insurance Claims To Reach $60m
Insurance claims following the crash of the Boeing 737 Max operated by Ethiopian Airlines on Sunday may rise to $60m from to $50m.
Nigeria’s Central Bank To Auction N89.5bn Treasury Bills This Week
The Central Bank of Nigeria (CBN) will conduct a primary auction on Wednesday to roll over N89.5bn worth of Treasury bills maturing on Thursday, across the 91-day (N5bn), 182-day (N14bn) and 364-day (N70.5bn) tenors.
Nigeria Stock Market Loses N61bn In One Month
The Nigeria stock market lost N61.67bn in January, 2019, according to the Nigerian Stock Exchange (NSE).
Ecowas Reveals Debut Date For Single Currency
The Economic Community of West African States (Ecowas) new single currency will make its debut in 2020 in chosen states.
Nigeria Stock Market Records Slump In Investors’ Participation
Activities on the floor of the Nigeria stock market last week took a dive as there was a reduction in the number of investors.
African Union To Set Up African Central Bank
The African Union (AU) has said it will set up the African Central Bank (ACB) by 2045, Concise News understands.
MTN Group Reveals Listing Date On Nigerian Stock Exchange
Telecommunication firm, the MTN group, has revealed it will be listed on the Nigerian Stock Exchange (NSE) before June this year.
Taxify Changes Name
Taxify, a popular commercial ride-hailing service firm, has changed its name to 'Bolt,' the Estonian company announced on Thursday.
Shareholders Unanimously Approve Merging Of Access, Diamond Bank
Access and Diamond Bank Plc Shareholders on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force.
Naira Rises Against Dollar At Parallel Market
The Naira on Tuesday gained 50 kobo to exchange at N358 to the dollar at the parallel market in Lagos, stronger than N358.5 traded on Monday.
Finally, CBN Governor Emefiele Speaks On Rumored Removal
The Governor of the Central Bank of Nigeria, Godwin Emefiele, says that he is still in charge of the country’s apex bank and denied reports that he has been removed from office.
CBN Bans Importation Of Textile Materials
Central Bank of Nigeria (CBN) on Tuesday included textile to the list of 42 items ineligible for officially sourced forex.
Presidential Election Results: What Dangote Said About Polls
The President of the Dangote Group, Aliko Dangote, has said the country will face some better days ahead as the elections take place in Nigeria.
Nigeria Overtakes Egypt As Largest Rice Producer In Africa
Director-General, Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley disclosed Nigeria has overtaken Egypt as the largest rice producer in Africa.
CBN Reacts To Reports Of Emefiele’s Removal
The Central Bank of Nigeria (CBN) on Monday dismissed reports that the CBN governor, Godwin Emefiele, has been sacked.
Dangote Speaks On 2019 General Elections
President of Dangote Group, Aliko Dangote, has projected that Nigeria’s economy will grow, following the conclusion of the Presidential elections.
Shipping Company Toisa Sells Off $220m Worth Of Vessels
Shipping company Toisa has sold off vessels valued at US$220m under a 12-month period, Concise News understands.
Nigeria’s Foreign Trade Volume Hits N32.26trn In 2018 – NBS
The National Bureau of Statistics (NBS) says the country recorded a total trade value of N32.26 trillion year-on-year in 2018, representing 39.3 percent increase over the corresponding period in 2017.
Nigerian Stock Exchange Opens March With 0.34% Growth
Transactions on the Nigerian Stock Exchange (NSE) opened for the month of March on a positive trend, after declining for three consecutive days.
Presidential Election: Nigeria Stock Market Slumps Further, Loses N196b
The Nigerian Stock Exchange (NSE) capitalisation lost N196 billion due to the outcome of the presidential election as it close below the N12 trillion mark.