Nigeria's rising debt profile worries senators
Nigerian senators warned of the country's rising debt profile as they debated on the 8.83 trillion naira 2019 appropriation bill.
Why the naira has remained stable despite election pressure – ABCON
The naira has remained stable both at the official and parallel markets despite several odds facing the currency ahead of the elections in Nigeria; that's according to Aminu Gwadabe, President of the Association of Bureaux De Change Operators of Nigeria.
2019: Nigeria may get new name, currency if...
Justice Must Prevail Party has announced plans to change the name Nigeria and the currency Naira if it emerges victorious in the 2019 general election.
Nigerian manufacturers seek FG's intervention in N29bn tariff dispute
The Manufacturers Association of Nigeria has appealed to the government to resolve its 29 billion naira electricity tariff dispute with the Electricity Distribution Companies and the Nigerian Electricity Regulatory Commission.
Nigerian market awaits N330bn maturing T-bills this week
The Nigerian fixed income market is expecting inflows totalling 330 billion naira from maturing OMO bills this week.
Union Bank of Nigeria's N50bn rights issue opens for subscription
Union Bank of Nigeria recently opened its 50 billion naira rights issue for subscription, just as Forte oil put a hold on its planned 20 billion naira capital raising.
Transcorp reports higher profits in first half
Transnational Corporation of Nigeria has reported profits of 4.5 billion naira for the half year that ended in June 2017, turning around an 11 billion naira loss recorded in the same period last year.
Nigeria's top business news
Nigeria's acting President Yemi Osinbajo has signed the country's 7.4 trillion naira 2017 budget into law, just over a month after the National Assembly passed the appropriation bill.