Adesola Afolabi
Adesola
Adesola Afolabi was a businessamlive reporter and Head of Financial desk.
Nigerian stocks rebound on bargain hunting in bellwethers
Adesola AfolabiJuly 27, 2018
Nigerian stocks Thursday returned to positive trade on back of bargain hunting in bellwethers such as NESTLE (+3.5%), ZENITH (+1.9%),
EBRD extends €116m loan to European chemical giant, Grupa Azoty, towards going green
Adesola AfolabiJuly 26, 2018
The European Bank for Reconstruction and Development (EBRD) has extended a €116 million long-term senior loan to Poland’s Grupa
0Bond
Investors bet on Nigeria’s 10-year bond
Adesola AfolabiJuly 26, 2018
Following the capital raise of N66.9 billion at the July 2018 FGN Bond, the Debt Management Office (DMO) has disclosed that investors
Analysts foresee rise in Nigeria’s August inflation on supplementary budget spending
Adesola AfolabiJuly 26, 2018
Analysts at Financial Derivative Company (FDC), Lagos-based economic and finance research firm, have projected a rise in inflation
Union Bank reports positive retained earnings first time in 6yrs
Adesola AfolabiJuly 26, 2018
Unaudited half-year financials for Union Bank Nigeria Plc. has shown positive metrics across major parameters with specific
EBRD supports SMEs in Turkey with €25m loan
Adesola AfolabiJuly 26, 2018
The European Bank for Reconstruction and Development (EBRD) is providing a loan of €25 million to QNB Finans Finansal Kiralama A.S., a
Nigerian stocks sustain losses as NSEASI declines 0.30%
Adesola AfolabiJuly 26, 2018
Nigerian stocks Wednesday sustained losses for the second consecutive day as benchmark index, the NSEASI dipped further by 0.30
0IMF
IMF projects 1,000,000% inflation rate in Venezuela by year-end
Adesola AfolabiJuly 24, 2018
The International Monetary Fund (IMF) is projecting a surge in inflation to 1,000,000 percent by end of 2018 to signal that the
Bears resurface at Nigeria’s equities market as NSE ASI declines 0.70%
Adesola AfolabiJuly 24, 2018
Bearish sentiments resurfaced at the Nigerian Stock Exchange as the all share index fell by 0.70 percent on Tuesday to close at
Inter-bank market rates dip 0.02% on low trading activity
Adesola AfolabiJuly 24, 2018
The Nigerian Inter-bank currency market rate closed Tuesday at N305.90, representing a 0.02 percent depreciation against closing price