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BusinessNews

Rand Merchant Bank lists ₦2.3bn Commercial Papers on FMDQ Exchange

By Chioma Obinagwam With a Commercial Paper (CP) market value of ₦3.25 trillion as of November 30, 2022, FMDQ Securities Exchange Limited (“FMDQ...

BusinessNews

Seplat issues Nigeria’s largest oil and gas bond

…oversubscribed by 120 global investors By Chioma Obinagwam Seplat Petroleum Development Company Plc.(“Seplat” or the “Company”), a leading Nigerian independent energy Company listed...

BusinessNews

Nigeria devalues currency as it adopts flexible rate

Government to end using fixed rate for official transactions   New policy set to lift Nigeria’s revenue from crude receipts Nigeria adopted a...

BusinessNewsUncategorized

CBN deducts N499bn from 12 banks for Loan Ratio Default

The Central Bank of Nigeria (CBN) has deducted a total of N499,175,535,097 from the accounts of 12 banks under its supervision, over their...

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Again Ikeja Electric customers experience frustration in recharging energy tokens

By Chioma Obinagwam Customers of Ikeja Electric Distribution Company (DisCo) have been thrown into darkness because they cannot buy tokens and some of...

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