08
SepFG to sanction foreign airlines not selling air tickets in Naira
The Minister of Aviation, Hadi Sirika has said that the Federal Government will sanction foreign airlines that refuse to sell air tickets in Naira, Nigeria’s local currency. He revealed that intelligence reports have shown that some airlines now charge for tickets in dollars, an act that violates Nigeria’s laws. The […]
08
SepBearish trend continues as market dips further by 0.09%
Activities on the floor of Nigerian Stock Market on Wednesday closed bearish as the All Share Index dipped further by 0.09% to settle at 49,599.73 compared with 49,644.92 recorded on Tuesday. The market capitalisation depreciated by N25 billion to close at N26.753 trillion, from N26.778 trillion recorded in the previous[…]
07
SepMTN Nigeria to raise N23bn via Commercial Paper
MTN Nigeria has notified the Nigerian Exchange and the investing public of its proposed issuance of up to N23 billion Series 3 commercial paper note under its N150 billion Commercial Paper Issuance Programme. The issuance is part of Company’s strategy to diversify its financing options, with the funds deployed towards[…]
07
SepSterling Bank launches Gazelle to enhance loan access for business owners
Sterling Bank Plc has launched Gazelle, a versatile digital loan application system that provides corporate customers with a more innovative way to finance their business. The Managing Director and Chief Executive Officer of the Bank, Mr Abubakar Suleiman, said, “With Gazelle, corporate customers will experience a smarter way to access[…]
