Shola Shittu

NSE, LSE strengthen Ties

…As Adeosun opens London trading Kemi Adeosun, the minister of Finance, last Friday opened the London Stock Exchange (LSEG) to celebrate the business ties between Nigeria and UK, while promoting the 3rd ‘London and Lagos Capital Markets in Partnership’ conference. The...

LSE Provides $26bn for African Companies in 10 Years

The London Stock Exchange (LSE) has provided $26.1 billion for African companies in the last 10 years, the Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has said. Onyema disclosed this while speaking at the third...

CBN to Settle $270.6m FX Futures Contract

The Central Bank of Nigeria (CBN) is expected to settle  OTC FX Futures contract to the tune of $270.6 million on the interbank market this Wednesday. The transaction to be settled on the FMDQ OTC Securities Exchange would be the...

FG begs AfDB to fast-track $1bn loan

The Federal Government has appealed to the African Development Bank to fast-track the $1bn loan facility it promised as support for the implementation of Nigeria’s 2016 budget. According to the government, the loan is expected to cover the 35 per...

Sanusi, Others Proffer Solutions to Recession

As the nation continues to wallow in recession, stakeholders, including the Emir of Kano, Muhammadu Sanusi II, have highlighted the need to focus on addressing the issues that pushed the economy into the crisis. Sanusi, alongside the Osun State Governor,...

Recession: Dangote Sacks 48 Staffs

The current recession rocking the Nigerian economy has hit one of the biggest employers of labour in the country outside of the government as the Dangote Group, belonging to Africa’s richest man, Aliko Dangote, has fired 48 members of...
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