ABUJA, Feb 14 Nigeria plans to appoint advisers
for a $3.3 billion Eurobond issue through an open competitive
bid process and expects to complete an approval process for the
sale soon, the Debt Management Office (DMO) said on Friday.
ABUJA, Feb 13 Nigeria's central bank has lifted
restrictions on buying U.S. dollars to pay for milk imports for
six firms, after measures introduced last year to boost local
dairy production and conserve foreign currency reserves riled
* * Forwards price naira at much weaker level in one-year
(Adds naira rates, analyst comments, background)
ABUJA, Feb 3 Nigerian stocks declined 1.08% on
Monday to a more than three-week low as investors sold off
shares from across the board after weak sentiment hit equities.
LAGOS, Jan 24 Foreign investors bought fewer
Nigerian stocks in 2019 than the previous year, stock exchange
data showed, after hopes for reforms that could lift Africa's
biggest economy faded.
NAIROBI/LAGOS Nigeria's top lender by assets, Access Bank , has acquired Kenya's Transnational Bank, the Kenyan central bank said on Friday.
LAGOS Foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39% of all bonds issued compared with the previous year when they bought 10.99%, a debt office presentation showed.
LAGOS Nigerian President Muhammadu Buhari has signed into law a new bill that seeks to boost government revenue through a rise in the value-added tax rate while at the same time supporting small businesses in Africa's biggest economy.
LAGOS, Jan 13 MTN Nigeria shares rose 10% on
Monday to their highest in two weeks after the country's
attorney general withdrew a $2 billion tax demand against the
South African telecoms firm.
LAGOS, Dec 10 Nigerian stocks fell to their
lowest level in a month on Tuesday after shedding 1.11% as
shares of the two most capitalised companies Dangote Cement
and MTN Nigeria declined.