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BUSINESS

Nigeria issues $2.86bn bonds to fund budget, other projects
15 hours ago

Nigeria issues $2.86bn bonds to fund budget, other projects

By  •  BUSINESS

The Federal Government of Nigeria on Wednesday announced the issuance of $2.86 billion aggregate triple bond series under its Global Medium Term Note Programme.

A finance ministry statement on Wednesday …
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Teleology takes over 9Mobile, Nasiru Ado Bayero heads board
3 days ago

Teleology takes over 9Mobile, Nasiru Ado Bayero heads board

By  •  BUSINESS, LOCAL

Teleology has formally taken over control of Nigeria’s troubled telecommunication company, 9mobile, by appointing a new board of directors, headed by 54 year-old Nasiru Ado Bayero.

Stephane Beuvelet will serve …
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Attack on TraderMoni, attack on petty traders
6 days ago

Attack on TraderMoni, attack on petty traders

By  •  BUSINESS, POLITICAL

Presidency has described as unbelievable and unfortunate that attack on TraderMoni scheme which is designed to assist traders.

The presidency said that the attack on the programmes was an attack …
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Make Payments on UBA PoS and Win Big
1 week ago

Make Payments on UBA PoS and Win Big

In a bid to further encourage payments on its Point of Sale Terminal (PoS) terminals , Pan African Financial services group, United Bank for Africa(UBA)  has announced that it will …
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Entrepreneurship is the Key to Unlocking Economic Development on Our Continent,” Tony Elumelu Says at The TEF Entrepreneurship Forum
3 weeks ago

Entrepreneurship is the Key to Unlocking Economic Development on Our Continent,” Tony Elumelu Says at The TEF Entrepreneurship Forum

5,000 African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on Thursday, October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. …
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UBA Restates Commitment to Strong Corporate Governance Standard, Honours Retired Directors
3 weeks ago

UBA Restates Commitment to Strong Corporate Governance Standard, Honours Retired Directors

Pan African financial institution, United Bank for Africa (UBA) Plc at the weekend honoured four retiring directors while restating its commitment to ensuring strong corporate governance across the group. The …
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GTBank Releases Q3 2018 Unaudited Results…..Reports Profit before Tax of ₦164.2 Billion
3 weeks ago

GTBank Releases Q3 2018 Unaudited Results…..Reports Profit before Tax of ₦164.2 Billion

Guaranty Trust Bank plc has released its unaudited financial results for the period ended September 30, 2018 to the Nigerian and London Stock Exchanges.

 

A review of the results …
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Pension Fund Administrators invest N1.49trn in Treasury Bills, N4.22trn in FGN Bonds
4 weeks ago

Pension Fund Administrators invest N1.49trn in Treasury Bills, N4.22trn in FGN Bonds

By  •  BUSINESS, LOCAL

The Pension Fund Administrators (PFAs) in the country have invested N1.49 trillion in Treasury Bills.

The monthly report released by the National Pension Commission (PenCom) on Sunday in Abuja by …
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FEC approves $2.9bn Eurobond to fund capital projects
4 weeks ago

FEC approves $2.9bn Eurobond to fund capital projects

By  •  BUSINESS, LOCAL

The Federal Executive Council, FEC, on Wednesday approved that $2.9 billion in Eurobond be raised to fund capital projects in the 2018 budget.

The Minister of Finance, Mrs Zainab Ahmed, …
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UBA Shows Resilience as Gross Earnings hit N375 billion, with Group profit of N79 billion
4 weeks ago

UBA Shows Resilience as Gross Earnings hit N375 billion, with Group profit of N79 billion

United Bank for Africa Plc, the pan African financial institution with presence in 20 African countries has announced its unaudited 2018 Third Quarter Financial Results, with impressive growth in Gross …
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