Business News
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Ethiopia drought : Aid for 7.8 million people soon to run out
Successive failed rains have created a series of severe back-to-back droughts in Ethiopia and the Horn of Africa region. According...
FG issues $300M diaspora bond
The Federal Government has announced the commencement of a global offering of $300m Diaspora Bond. According to the Debt Management...
Meat exports : Ethiopia to earn $12M from Saudi, UAE
Ethiopian will earn over $12 million dollars from meat exports to United Arab Emirates and Saudi Arabia during this month...
Leather industry generates N25bn yearly – BOI report
Nigeria’s leather industry is believed to have the capacity to generate N24.5 billion annually, that's about $700 million, while also ...
Paris Club refunds : FG releases break down of first tranche
The Federal Government has finally released a breakdown of the first tranche of Paris Club refunds paid to states to...
Debt Office issues $300m Diapora bond
The Nigerian Federal Government has announced the commencement of a global offering of $300m Diaspora Bond.According to the Debt Management...
Lafarge Africa to raise $400m by Rights Issue
Lafarge Africa Plc has announced that the N140 billion rights issue proposed by the company’s directors would help reduce its...
No finance to revamp refineries as planned – Kachikwu
The Federal Government has neither concessioned nor disposed any of the country's refineries for any business concern, the Minister of...
Pound trades near a two-week high against dollar
The pound traded near a two-week high against the dollar on Thursday, as the first voters took to the polls...
Trans Forcados production increases to 75,000bpd
Shell Petroleum Development Company of Nigeria has lifted the suspension on crude oil exports from Forcados Terminal. Crude oil exports...
