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Guinea Insurance records 71% decline in profit for 2020
Zainab IwayemiApril 21, 2021
· Claims COVID-19 damages minimal to firm Zainab Iwayemi Guinea Insurance Plc has recorded a reversal in profit
Anambra’s new airport gains traction as first commercial flight expected April 30
BEN EGUZOZIEApril 21, 2021
…State deflates alleged non-issuance of international licence by FG as misleading …Said airport’s 5.7km long, 60m wide runway
Tightening global financial conditions triggered over $5bn capital outflows from Africa in the first quarter of 2020 – Afreximbank
Charles AbuedeApril 21, 2021
Report by the bank highlights how trade finance will play a key role in transforming the African economy as lifeblood of
CBN charges non-oil businesses to exploit $666.2bn AfCFTA trade potential
Onome AmugeApril 21, 2021
Onome Amuge The Central bank of Nigeria (CBN) has enjoined the Nigerian private sector, particularly firms in the areas of
Petroleum landing cost now N216, as daily subsidy hits N4.64bn
Arakunle KayodeApril 21, 2021
Arakunle Kayode As a result of the recent increase in global prices in oil and the depreciation of Naira against the dollar,
Flour Mills to invest N160bn in the development of Nigeria sugar value chain after it acquired 5200 hectares of land
Online EditorApril 21, 2021
Says the project will increase the production capacity of the sugar estate in Sunti Charles Abuede Nigeria’s food and agro-allied
Analysts predict higher inflation rate in Q2 2021
Onome AmugeApril 21, 2021
Onome Amuge Nigeria’s rising inflation figure capped by an increase in food commodities is likely to surge beyond control as
Amazon to establish African H.Q. in South Africa
Online EditorApril 21, 2021
Arakunle Kayode Amazon has announced that it will establish its African headquarters in Johannesburg, South Africa. The City of
Airtel signs $500m credit facility to partially refinance €750 million Euro-denominated bond
Charles AbuedeApril 21, 2021
Signs $880m loan deal with participation from JP Morgan, Standard Chartered, HSBC, others Charles Abuede Following the recent
CBN mandates banks, BDCs, other forex dealers to accept all dollar bills from customers
Charles AbuedeApril 21, 2021
Charles Abuede Following series of complaints reaching the desk of Nigeria’s central bank governor over the rejection of the