Tag: Stock Exchange

CBN to sell Treasury Bills worth N212.8 billion

The Central Bank of Nigeria will on Wednesday sell Treasury Bills worth N212.85 billion. The sale is part of the Federal Government’s plan to raise money to fund the 2016…

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Fitch affirms UBA’s viability rating as Agusto upgrades rating to ‘Aa’

Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the pan-African banking group continue to sustain its…

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Naira nosedives to lowest figure in 43 years, sells at N305 per dollar

At the close of trading on Wednesday, January 13, the Nigerian foreign exchange and stock market had sunk to a new low. The Nigerian currency- the Naira- crashed to it's…

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Dangote steps aside as Stock Exchange boss

by Tunji Andrews Africa’s richest man and president of Dangote Group, Aliko Dangote will finally resign as President of the Council of the Nigerian Stock Exchange (NSE). A move many…

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Sanusi Lamido Sanusi: Here is my side of the story (READ)

by Sanusi Lamido Sanusi I must say that there was no time when the CBN received any letter from the Financial Reporting Council of Nigeria. At no point were we…

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Get ready to flap your wings: Air Nigeria to go public in 2 years

by Lekan Olanrewaju The official flag carrier may be experiencing some serious changes very soon. It has been revealed that there are plans to take Air Nigeria public within the next…

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