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N1.2bn Loan: Banks’ Shareholders Push For Takeover Of Etisalat

Some shareholder groups in the nation’s capital market on Tuesday urged Etisalat Nigeria to settle the N1.2 billion debt it owes 13 commercial banks...
Banking

Equities Market Suffers 5% Week-On-Week Loss

The Nigerian equities market extended its two-day loss to close Friday June 23, 2017 with a week-on-week negative position of 4.99 per cent due...
Banking

Etisalat: We Are Owing Banks $574m, Not $1.2bn

Denied Being Under Probe Etisalat Nigeria has refuted claims that it was owing banks $1.2bn, saying it has repaid 42 per cent of the...
Banking

$1.2bn Loan: FG, Banks Disagree On Take-Over Of Etisalat

NCC Assures Subscribers Of Network Integrity Of Etisalat The Federal Government has disagreed with a consortium of local and foreign banks for taking over...
Banking

Dispora Nigerians Remit $18.97bn In 2016

By 'Dotun Akintomide Nigerian migrant workers sent back home $18.956bn as remittances, a figure which indicated a 5.2 percent growth in nine years, a UN...
Banking

36 States Owing N2.96 Trillion Domestic Debt

The domestic debt profile of the 36 states stood at N2 .96 trillion as of March 31, 2017, according to the Debt Management Office,...
Banking

Naira Firms Up As CBN Injects $418m Into Forex Market

The exchange rate at the parallel market remained stable at N367 to the dollar yesterday, as the Central Bank of Nigeria (CBN) again injected...
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