The Securities and Exchange Commission (SEC) has extended period for the free e-dividend registration to Feb. 28, to encourage more shareholders participation in the initiative. The commission in a statement obtained by the News Agency of Nigeria (NAN) on Thursday in Lagos, indicated that the extension was part of its...
The AfDB said that notwithstanding this positive outlook for the country, Nigeria still faces significant challenges, including foreign exchange shortages, disruptions in fuel supply, power shortages, and insecurity in some parts of the country.
As part of its goal to see a generational shift in agriculture on the continent, the African Development Bank has taken its 'Farming is Cool' initiative to school children in Nigeria. The Bank has also launched a Junior Art Contest in Nigeria to promote the potential of agriculture to secondary...
The President of the African Development Bank, AfDB, Akinwumi Adesina, has made a compelling case for accelerating Africa's industrialization in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank's 2018 African Economic Outlook launched in Abidjan, Côte d'Ivoire, on Wednesday, Adesina said infrastructure...
The Central Bank of Nigeria, CBN, on January 17, offered treasury bills worth N229.85 billion to traders through the primary market auction. It is the second PMA for the year 2018 and the bills would be offered in 91 days, 182 days and 364 days tenors. Twice a month, the CBN...
Nigerian President Muhammadu Buhari said on Thursday he does not know if he will seek re-election in 2019 and the decision is personal and also for Nigerians.
Vice President Yemi Osinbajo has told American scholars and professionals that Africa’s impressive economic transformation was being driven by ambitious businessmen and women.
Nigeria expects to raise $700 million from international sources as part of a $3.5 billion in borrowing earmarked in the 2017 spending plan, the Debt Management Office (DMO) said on Tuesday. The DMO gave no details of which sources the government could tap but director general Patience Oniha told Reuters...
Manchester United grossed the biggest revenue of any European club in the 2016 financial year after a 32 percent increase propelled them above Real Madrid and FC Barcelona, UEFA say. In an annual report published on Tuesday, UEFA in the European Club Football Landscape report said revenues among Europe’s 700-odd...
The African Development Bank (AfDB) is set to launch the 2018 edition of its yearly flagship report, the African Economic Outlook (AEO), today January 17, 2018 at its headquarters in Abidjan.