Transcorp declares 20 % growth in revenue

Transcorp declares 20 % growth in revenue

For the first quarter ended March 31, 2017, Transnational Corporation of Nigeria Plc (Transcorp), has announced total revenue of N13.2billion representing a 20% increase when compared to the Group’s performance of N15.8billion in the corresponding period of 2016.  According to the...
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Volumes in global derivatives hits 24.9b contracts

Volumes in global derivatives hits 24.9b contracts

The World Federation of Exchanges (WFE) on Thursday published its annual report into the global derivatives market.   According to WFE, Thursday’s report coincides with the WFE’s 34th IOMA Clearing & Derivatives Conference, taking place in Frankfurt, ...
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World Economics: Nigeria out of recession

World Economics: Nigeria out of recession

The Nigerian economy is looking up, signalling an end of the recession, the World Economics declared on Tuesday. However, the London based organisation cautioned that “conditions remain difficult for businesses.” According to the body,“April Sales Manage...
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NPA presents N233.7b expenditure for 2017

NPA presents N233.7b expenditure for 2017

The Nigerian Ports Authority (NPA) has earmarked N233.7billion expenditure for the year 2017. Presenting the budget estimate to the House of Representative Committee on Ports, Habours & Waterways under the leadership of Hon. Patrick Asadu, Managing Directo...
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WFE releases third annual sustainability survey

WFE releases third annual sustainability survey

The World Federation of Exchanges (WFE) has released its annual global Environment, Social and Governance (ESG) survey. Now in its third year, the survey aims to capture the nature and extent of WFE engagement with ESG issues, and how this...
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Buhari: State Govts critical to economic success

Buhari: State Govts critical to economic success

President Muhammadu Buhari has challenged State Governments across the country to draw inspiration and strategic direction from Federal Government Plan to articulate their economic programmes, particularly in the development of the real sector. Speaking on Wed...
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CBN sets aside $90m for BTA, Medicals

CBN sets aside $90m for BTA, Medicals

As part of efforts to stabilize the naira,  Central Bank of Nigeria (CBN), on Monday, released the sum of $90 million to meet requests for invisibles such as BTA/PTA, medical and school fees. Also, the Bank offered a total of $150 million...
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FG puts $500m notes at 7.5 per cent yield

FG puts $500m notes at 7.5 per cent yield

The Federal Government on Thursday announced that  it has priced its offering of US$500 million aggregate principal amount of notes at a yield of 7.5% under its US$1.5 billion (increased from US$1 billion) Global Medium Term Note Programme, which will...
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Adeosun: FG complied with rules in disbursement of Paris club refunds

Adeosun: FG complied with rules in disbursement of Paris club refunds

The Federal Government has consistently complied with all extant rules and regulations in the disbursement of Paris Club refunds to State Governments, the Minister of Finance, Mrs. Kemi Adeosun, has said. The minister also  reaffirmed the commitment of the g...
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SEC canvasses international collaboration on mergers, acquisitions

SEC canvasses international collaboration on mergers, acquisitions

The Securities and Exchange Commission (SEC) on Tuesday  expressed its readiness to collaborate with relevant international agencies to ensure that the growth of Mergers and Acquisitions in the country is sustained. Director General of SEC, Mounir Gwarzo stat...
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How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

How Africa can benefit from $12tri global economic development target, by LADOL, world business leaders

The Lagos Deep Offshore Logistics base (LADOL) has joined notable world business promoters in mapping out strategies to actualize how Africa could effectively reap a whopping $1 trillion from a projected $12 trillion new market value in an emerging global...
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