Chimara Bygold, Author at Prime Business Africa

Stop Rates To Remain Unchanged As CBN Rolls Over N150.82bn Maturing T-bills

Investors’ expectations are high that Stop Rates will remain unchanged on the 91- and 182- Day instruments, in line with historical trends. This comes as the Central Bank of Nigeria (CBN) is set to roll over N150.82 billion maturing Treasury Bills on

November 9, 2021

Wema Bank, BUA Cement, Others Cost Stock Market Investors N672bn

Finance & Economy

Exchange Rate update: Tuesday, November 9, 2021

According to the data at the FMDQ Security Exchange where forex is traded officially, exchange rate between the naira and the US dollar opened at ₦413.57$1 on Tuesday 9th November, after it closed at ₦414.55 to a $1 on Monday, 8th November

November 9, 2021

Finance & Economy

FMDQ Group Targets Sustainable Financing With Africa’s First Green Exchange

The FMDQ Group on Monday launched Africa’s first green exchange known as the FMDQ Green Exchange, aimed at promoting economic development through green and sustainable financing. The Chief Executive Officer, FMDQ Group, Mr Bola Onadele, described the launch as a milestone at

November 9, 2021

Financial Obligations Force MTN Nigeria To Borrow N125bn From Commercial Paper Investors

Finance & Economy

MTN Nigeria Ends Issuance Of N90bn Series II Fixed Rate Bonds

MTN Nigeria Communications Plc (MTN Nigeria) has successfully completed the issuance of its N89,999,000,000 Series II 10-Year 12.75per cent Fixed Rate Bonds due 2031 (“Series II Bond”) under the N200 billion Bond Issuance Programme. The Series II Bond is the second issuance

November 4, 2021

Finance & Economy·Top Stories

Presco Shareholders Get N1 billion Interim Dividend

Presco Plc has announced an interim dividend of N25 per share, translating to a payout of N1billion. The dividend is subject to appropriate withholding tax and will be paid to the shareholders whose names appear on the register of members as at

November 3, 2021

Transcorp Hotels Records 62% Profit Growth In Impressive Q3 Financials

Finance & Economy

Q3 2021: Transcorp Hotels Records 662% Profit Growth

Transcorp Hotels Plc. owner of Transcorp Hilton Abuja, Transcorp Hotels Calabar and Aura by Transcorp Hotels, has announced its unaudited third quater (Q3) results showing 115 percent growth in revenue year-on-year (YoY) to N14.6 billion and a gross profit growth of 149

November 3, 2021

Finance & Economy·Top Stories

Exchange Rate update: Wednesday, November 3, 2021

DATA obtained from the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and US dollar opened on Wednesday, November 3, 2021, at N413.76/$1. The Naira fell against the US dollar to close at

November 3, 2021

HE Central Bank of Nigeria (CBN) says Nigerians without Internet-enabled or Android phones will still make transactions on the eNaira platform.

Finance & Economy·Top Stories

eNaira: CBN Plans App For Persons Without Bank Accounts

IN order to ensure that more Nigerians use the country’s newly launched digital currency eNaira, there are signs that the Central Bank of Nigeria (CBN), will soon roll out a phone application for people without bank accounts. The Chief Executive Officer of

November 3, 2021

Finance & Economy·Top Stories

AMCON debts: Banks Begin Freezing Of Benue Govt Accounts

FOLLOWING its failure to repay N333 million loan borrowed in 2008, Deposit Money Banks (DMBs) have started freezing all bank accounts of the Benue State government on the orders of a Federal High Court, Abuja. So far, First City Monument Bank Plc,

November 3, 2021

Investors In John Holt, BUA Foods, Others Earn N262.52bn In Stock Trading

Finance & Economy·Top Stories

Exchange Rate update: Friday, October 29, 2021

DATA at the FMDQ Security Exchange where forex is traded officially has shown that the exchange rate between the naira and US dollar opened on Friday, October 29, 2021, at N414.49/$1 after it closed at ₦415.10 to a $1 on Thursday, 28

October 29, 2021

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Chimara Bygold

Stop Rates To Remain Unchanged As CBN Rolls Over N150.82bn Maturing T-bills

Exchange Rate update: Tuesday, November 9, 2021

FMDQ Group Targets Sustainable Financing With Africa’s First Green Exchange

MTN Nigeria Ends Issuance Of N90bn Series II Fixed Rate Bonds

Presco Shareholders Get N1 billion Interim Dividend

Q3 2021: Transcorp Hotels Records 662% Profit Growth

Exchange Rate update: Wednesday, November 3, 2021

eNaira: CBN Plans App For Persons Without Bank Accounts

AMCON debts: Banks Begin Freezing Of Benue Govt Accounts

Exchange Rate update: Friday, October 29, 2021

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