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- Nigerian renewable energy solutions provider Arnergy closes Series A financing June 25, 2019Nigerian distributed utility company, Arnergy, Monday announced it has raised $9 Million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), EDFI ElectriFI and All On. “We are excited to enter this next phase in Arnergy’s development with investors that share […]Timileyin Omilana
- Dollar slips on Fed prospects; safe-haven Swiss franc, gold shine June 25, 2019The dollar hit a multi-month low against the euro and the yen on Tuesday on the prospects of monetary easing by the Federal Reserve while the safe-haven Swiss franc and gold rose on Middle East tensions. The post Dollar slips on Fed prospects; safe-haven Swiss franc, gold shine appeared first on The Guardian Nigeria News […]Guardian Nigeria
- CBN gives banks three months to withdraw mutilated notes June 25, 2019The Central Bank of Nigeria (CBN), has opened a three-month window from June 3 to September 2, for customers across the country to replace their mutilated naira notes with new ones across all banks. The new order is as a result of its resolve to finally replace mutilated, old naira notes in Nigeria, after […]Guardian Nigeria
- NIRSAL, World Bank sign pact on $200m projects June 25, 2019The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL), has signed a Memorandum of Agreement and Action (MoA) with the World Bank on Agro-Processing, Productivity Enhancement and Livelihood Improvement Support (APPEALS), a $200million World Bank-funded project for the development, financing, and support of de-risked and optimised agribusiness projects in Nigeria. Under the terms of […]Guardian Nigeria
- RMB Nigeria gathers experts for economy discourse June 25, 2019Rand Merchant Bank (RMB) Nigeria has gathered experts across professions for its Economic and Business conference, to the discuss the nation’s challenges, especially in the real sector, under the theme: “Unlocking Real Sector Growth to drive Sustainable Economic Development”. According to the bank, the opportunity to change course and usher the country into inclusive and sustainable growth does indeed exist if […]Guardian Nigeria
- Firm initiates ‘WeyMoney’ to boost clients access to loans June 25, 2019A real estate firm LandWey Investment Limited has created a customer-centric solution that would help customers have access to loan facility for its subscribers called ‘WeyMoney’. According to the firm, WeyMoney is a loan facility with single digit interest rate and enable clients maintain their financial stability and see their investments reach fruition. Founder and Chief Executive […]Guardian Nigeria
- ‘SEC followed due process in Oando’s forensic audit report’ June 25, 2019A group of stakeholders in the capital market, Consolidated Capital Market Stakeholders Forum (CCMSF), has said the Securities and Exchange Commission (SEC), followed due process in the suspension of the directors of Oando Plc. The group in a statement signed by Umar Usman, urged the Oando directors to provide credible evidence refuting the findings of […]Guardian Nigeria
- Trade exhibition attracts foreign investors June 25, 2019Food and Beverage West Africa, the largest trade exhibition in West Africa has attracted foreign investors, who affirmed they were ready to promote and support Nigerian businesses. They said they are looking to move into the market for the first time to initially find partners, and then in the longer term look at establishing a […]Guardian Nigeria
- Analysts worry over persistent selloff in bellwether stocks as index slumps further by 0.7% June 25, 2019The nation’s stock market continued its negative trajectory last week, extending the bearish record that resulted to a further slump in stock market indices by 0.7 per cent. Analysts, at the weekend, expressed worry on the continued selloffs in bellwether stocks like Dangote Cement, MTN Nigerian, Nestle, Guaranty Trust Bank and Nigerian Breweries. […]Guardian Nigeria
- Stock market reopens bearish as index drops by 0.14 per cent June 25, 2019Trading on the equity sector of the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, as more highly capitalised stocks depreciated in price, causing the All-share index to dip further by 0.14 per cent. At the close of transactions yesterday, the All Share Index (ASI) shed 42.09 absolute points, representing a dip of 0.14 […]Guardian Nigeria
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