Tag: Nigeria

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MTN Group Raises $140m Divestment Plan, Reports 240m Subscriber Base At Half-year

MTN Group Raises $140m Divestment Plan, Reports 240m Subscriber Base At Half-year

Africa’s largest mobile network by subscribers, South Africa’s MTN Group Limited, on Thursday reported a 9.3% fall in earnings, even as it announced $...
Airtel Africa Nets $132.2m Profit, Awaits Approval Of Payment Banking Licence

Airtel Africa Nets $132.2m Profit, Awaits Approval Of Payment Banking Licence

The board of Aitel Africa Plc presented its performance score-card for the half-year ended June 30, 2019, the first since the July 9, dual listing of ...
Nigeria Received $22.3bn Remittances In 2017- IFC

Nigeria Received $22.3bn Remittances In 2017- IFC

A new report by the International Finance Corporation (IFC) says Nigeria received remittances amounting to $22.3bn, or 5.6% of its Gross Domestic Prod...
U.S Committed To Nigeria’s Economic Growth, Says Consul-General

U.S Committed To Nigeria’s Economic Growth, Says Consul-General

Photo Caption: From left, Bola Adeeko, Head, Shared Services Division, The Nigerian Stock Exchange (NSE); Ms. Darcy Zotter, Public Affairs Officer, Un...

Nigeria, S’Africa, Gas Revolution, Will Drive Africa’s Economic Rebound, Says Ecobank Report

Ecobank Group, on Thursday in London launched the 2017 version of its Fixed Income, Currency and Commodities (FICC) Guidebook, showing, among others t...
Dangote To Invest $50bn In U.S, Europe By 2025- Bloomberg

Dangote To Invest $50bn In U.S, Europe By 2025- Bloomberg

• Sees 60% of Group’s Future Investment Being Outside Africa In 2 Years Sixty-year-old Africa’s richest man, Aliko Dangote, plans to invest between...
Oil Prices Down, As Rising Nigerian, Libyan Output Undermines OPEC Supply Cuts

Oil Prices Down, As Rising Nigerian, Libyan Output Undermines OPEC Supply Cuts

Nigeria's Output Rises To 2mbpd Reuters reported Wednesday morning that oil prices fell ents or 21 c0.4% to $48.63 per barrel at 0656 GMT on Wednes...

OPEC Oil Production Hits 2017 high On Increased Nigeria, Libya Output

Crude oil output from members of the Organisation of Petroleum Exporting Countries (OPEC) rose in June by 280,000 barrels per day (bpd) to a 2017 high...
March Year-End Reporting Season Kicks-off With Int’l Brewery’s Mixed Earnings

March Year-End Reporting Season Kicks-off With Int’l Brewery’s Mixed Earnings

The expected earnings release date for companies quoted on the Nigerian Stock Exchange (NSE) has been estimated by Investdata based on their historica...

Oil Output: Exemptions For Nigeria, Libya May Defeat Purpose, IMF Warns

Amidst plans by the Organisation of Petroleum Exporting Countries (OPEC) to further extend output when its meet on May 25, in Vienna, Austria, as part...
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