Economy - Page 1260

Nigeria to Lose Africa’s Largest Economy Status, Drop to Fourth—IMF

April 19, 2024

By Adedapo Adesanya Nigeria is likely to lose its status as Africa’s largest economy and drop to fourth place this year after a series

Economy

Transcorp Wins Bid to Acquire Afam Power for N105.3bn

May 3, 2019

Modupe Gbadeyanka

By Modupe Gbadeyanka The N105.3 billion bid submitted by Transcorp Power Consortium for the acquisition of Afam Power Plc has been accepted. The bidding

Economy

34th OTC FX Futures Contract Matures, Settles on FMDQ

May 3, 2019

Dipo Olowookere

By Dipo Olowookere The 34th OTC FX Futures contract, NGUS APR 24 2019, with value of $431.16 million, has matured and settled on FMDQ

Economy

Nigerian Equities Rebound by 0.04% Amid Drop in Sales Volume

May 3, 2019

Dipo Olowookere

By Dipo Olowookere The first trading day in the month of May 2019 kicked off on a positive note with equities closing in the

Economy

CBN Raises 364-Day T-Bills Rate, Cuts 91-Day, 182-Day Rates

May 3, 2019

Dipo Olowookere

By Dipo Olowookere The Central Bank of Nigeria (CBN) on Thursday conducted the first primary market auction for the month of May 2019. During

Economy

Polaris Bank, Mojec Sign Deal on Prepaid Meter

May 2, 2019

Modupe Gbadeyanka

Polaris Bank has reiterated its commitment to the success of the Meter Acquisition Partners (MAP) Project, which ensures that acquisition of pre-paid meters is

Economy

FMDQ Trains Stakeholders on Derivatives Market

May 2, 2019

Dipo Olowookere

As part of its strategy to foster the development of the Nigerian Derivatives Market, FMDQ launched the Derivatives Market Development Project to facilitate the