Adesola Afolabi
Adesola
Adesola Afolabi was a businessamlive reporter and Head of Financial desk.
Austin Avuru, Seplat CEO, sells shares to reduce own stake to 12.8%
Adesola AfolabiJune 27, 2018
Austin Avuru, the chief executive officer of Seplat Petroleum Development Company Plc., has sold some of his stakes in the company
Nigeria debt office warns banks not to grant credit to regional governments without federal minister’s clearance
Adesola AfolabiJune 27, 2018
Nigeria’s debt management office (DMO) has taken a step to curb the high level of indebtedness of state governments by issuing a
Global fintechs investors launch guidelines on responsible financing
Adesola AfolabiJune 27, 2018
In recognition of the increase in investment opportunities and the rising risk faced by investors in the fintech and financial
Nigerian naira closes flat at parallel market, depreciates 0.13% against the dollar in importers, exporters window
Adesola AfolabiJune 26, 2018
The exchange rate of the Nigerian naira to the American dollar remained flat Tuesday at N362 in the parallel market, while it
BudgIT decries lack of transparency in Nigerian states’ budgets
Adesola AfolabiJune 26, 2018
*Says only 15 of 36 states publish their budgets BudgIT, a civic tech transparency organisation working on holding government
Ghana’s indigenous refinery seeks govt guarantee for loans to purchase crude oil
Adesola AfolabiJune 26, 2018
Ghana’s state-owned oil refinery is seeking credit guarantees from the government after lenders declined to issue it loans for
Iran mimicks Nigeria’s IEW to ease dollar shortage
Adesola AfolabiJune 26, 2018
A secondary foreign exchange market that works like Nigeria’s investors and exporters window is being established in Iran,
Renewed profit taking dampens Nigeria’s stock market as NSEASI dips 0.01%
Adesola AfolabiJune 26, 2018
The Nigerian bourse Tuesday reversed gains from previous session as losses in market bellwethers – INTBREW (-6.1%) and ZENITH (-1.7%)
Uptick in Dangote Cement halts 6-day bearish run in Nigeria’s equities market
Adesola AfolabiJune 25, 2018
Gains in Dangote Cement, the most capitalised stock on the Nigerian bourse Monday helped to put a halt to a bearish run in the market
Cordros launches Nigeria’s first target-date mutual funds
Adesola AfolabiJune 25, 2018
Cordros Asset Management Limited (CAML) has launched Nigeria’s first set of target-date mutual funds, according to Emeka Ndu,