Business

W/Bank mobilises $5.79bn private capital for Nigeria

W/Bank mobilises $5.79bn private capital for Nigeria

By Emma Ujah, Abuja Bureau Chief The World Bank Group has said it is helping to mobilise $5.79 billion in private capital for investment in Nigeria’s agriculture, telecommunications and micro, small and medium enterprises (MSMEs), in a major push to expand private-sector participation in the economy. The financing drive is being supported by policy reforms, […]
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9Mobile: Smile Telecoms tackles Barclays Africa, seeks bid review

9Mobile: Smile Telecoms tackles Barclays Africa, seeks bid review

Smile Telecoms, one of the telcos shortlisted in the bid process for 9Mobile sale, has described as “untidy” the manner in which Barclays Africa, financial advisors to the deal, has so far managed the transaction, and has called for a process review to ensure transparency.

Naira stable at N360.1/$ in I&E

Naira stable at N360.1/$ in I&E

The naira Monday started the week  on a stable note in the Investors and Exporters (I&E) window and the parallel market. 

Caverton, Japaul lead gainers on Exchange

Caverton, Japaul lead gainers on Exchange

The uptrend on the Nigerian Stock Exchange, NSE, continued for a second day in a row as Caverton Offshore Group Plc and Japaul Oil and Maritime Services Plc lead the pack of gainers.