This week’s stocks to watch list consist of Airtel Africa, Julius Berger and Fidelity Bank, as the stock market resumes its weekly activities. Ripples Nigeria stocks watchlist
Category: BUSINESS
NNPCL, Daewoo seal $740m deal for Kaduna Refinery repairs
The Nigerian National Petroleum Company Limited, NNPCL, yesterday signed a contract worth $740.6 million with South Korean firm, Daewoo E&C for the repairs of Kaduna
Banks’ annual loans to businesses hit N6.69tr – CBN
The value of new cash deposits attracted by banks to their vaults in the last one year rose to N6.69 trillion, the Central Bank of Nigeria (CBN) has announced. The
Nigerian Breweries lists 145 million shares on the Nigerian Exchange
Nigerian Exchange Limited (NGX) has admitted 145,074,002 units of Nigerian Breweries Plc’s shares arising from the 2021 Scrip Dividend Election Scheme into its platform. The
Fidelity Bank Bags Award for Best SME Bank in Nigeria
Fidelity Bank Plc, one of the Nigeria’s foremost financial institutions, has added yet another accolade to its burgeoning collection of awards. This time, the Bank
Obaseki strengthens ties with German govt for investments in Edo
The Edo State Governor, Mr. Godwin Obaseki, is in talks with key Ministries, Department and Agencies (MDAs) of the German Government to discuss areas of
Central African Republic Adopts Bitcoin As Legal Currency – Presidency
The Central African Republic has adopted bitcoin as legal tender, the president’s office said Wednesday, becoming the second country in the world to do so
Indonesia Suspends All Exports Of Palm Oil
Indonesia began imposing a complete ban on palm oil exports Thursday, as the world’s largest producer of the commodity risked destabilising a global vegetable oil
Nigeria has over 70 online loan apps operated by various firms – FCCPC
THE Federal Government has said there are about 70 to 90 online lending applications currently operated by various firms in Nigeria. The Executive Vice Chairman, Federal Competition & Consumer Protection Commission,
Emmanuel Emefienim resigns from Sterling Bank, gets CBN approval as MD/CEO, Premium Trust Bank
Sterling Bank’s Executive Director, Institutional Banking Group, Emmanuel Emefienim has resigned from the services of the Bank with effect from March 1, 2022. In his