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Finance
869 posts
JPMorgan gets CBN nod to establish merchant bank in Nigeria
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) said it has granted Approval-in-Principle (AIP) to JPMorgan…
IPO: Investors rush for Dangote Refinery shares as offer closes Tuesday
By Stanley Onyeka, Lagos Dangote Petroleum Refinery & Petrochemicals has reported a sharp increase in investor subscriptions as…
Tax Ombud seeks fair treatment of taxpayers, accountability
The Office of the Tax Ombud has called for fair treatment of taxpayers, transparency and accountability in Nigeria’s…
Manufacturing, infrastructure get 80% of BOI large enterprise lending
The Bank of Industry (BOI) says 80 per cent of its large enterprise lending now goes to manufacturing and infrastructure to boost…
51 African nations participate in Dangote Refinery IPO
By Onyeka Stanley, Lagos Dangote Petroleum Refinery & Petrochemicals has announced that its ongoing Initial Public Offering (IPO)…
FG approves disbursement of maritime fund for indigenous shipowners
The Federal Government has approved the disbursement of the Cabotage Vessel Financing Fund (CVFF), with the Minister of…
AFC launches captive insurance company to strengthen risk management, others
By Tochukwu Bliss, Abuja Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has established a Bermudian…
Record $947m July remittances boosts Cardoso’s $1bn monthly target
By Tochukwu Bliss, Abuja Nigeria is said to have recorded $947 million in remittance inflows through the International…
EBRD invests $8m in Ventures Platform Pan-African Fund II
By Tochukwu Bliss, Abuja The European Bank for Reconstruction and Development (EBRD), said it is investing $8million (€6.8million)…
RMAFC completes revenue formula, remuneration review
Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Shehu, says the Commission has completed reviews…