This is a general business interest blog that spans across finance, economy, manufacturing, commerce and stocks locally and beyond.

July 25, 2018

FirstBank to repay $300m Eurobond 2yrs before maturity

First Bank of Nigeria yesterday said it will repay a $300 million Eurobond debt, two years before it matures in 2020. The bank made this announcement […]
July 24, 2018

Tony Elumelu in talks to acquire $2b Shell Nigeria assets

Royal Dutch Shell Plc is in talks to sell two Nigerian oil licenses in an area that’s at the heart of environmental and human rights controversies […]
July 24, 2018

Portland Paints posts N2.32b revenue, N58.17m profit in 2017

Portland Paints and Products Nigeria Plc, a subsidiary of UAC of Nigeria Plc, has posted revenue of N2.32billion and Profit After Tax (PAT) N58.17million for the […]
July 24, 2018

Oil steady after G20 warns of risks to growth

Oil prices stabilised on Monday as worries over production losses were outweighed by concerns that trade disputes would reduce economic growth and hit global energy demand. […]