The proposed investments in assembly operations by Peugeot Automobiles of Nigeria (PAN), Innoson Vehicle Manufacturers, VON Nigeria, among other automobile dealerships in Nigeria, are expected to...
JOHANESBURG-Ecobank Nigeria has signed a $20 million line of credit with Brazilian Development Bank BNDES. The facility will address special funding needs of customers and non-customers...
JOHANESBURG-THE are indications that India’s Bharti Airtel Ltd may be reviewing its African operations as the Telecoms giant has agreed to sell more than 3,500 of its mobile...
LAGOS-Alibaba Group Holding Ltd., the e-commerce company whose fortunes surged along with China’s economy, plans a historic U.S. initial public offering that may also claim the...
LAGOS-Management of Union Assurance Company Limited (UACL), has said that it is eyeing the future with the objective of making the company one of the top five...
LAGOS-Differentials for Nigerian crude oil held above the lows set last month, supported by higher refining margins in Europe, traders said on Friday. Nigerian crude oil...
LAGOS-The Federal Government sold N182.85 billion ($1.13 billion) of treasury bills with maturities ranging between three months and one year, at yields lower than at its...
LAGOS-The European Central Bank’s landmark review of euro-zone banks will have to ask lenders to raise an additional €51bn to be credible with markets, a Goldman...
LAGOS-A total of 21 automobile dealerships in Nigeria have made commitments with some foreign technical partners to set up assembly operations in the country since the...
LAGOS-The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009 with the Middle Eastern oil...
