FREEPRESS – Oando Plc has obtained an ex-parte order from the Federal High Court (FHC) restraining the Nigerian Stock Exchange (NSE) from implementing a technical suspension of its shares. The company’s Head, Corporate Affairs, Mrs Alero Balogun, said on Tuesday that…
PRESS STATEMENT Airtel’s Digital journalism training begins 21 August The digital journalism training being sponsored by Airtel Nigeria under the aegis of The Journalism Clinic, will start in Lagos on Monday, 21 August. A statement by the Founder/Director of The…
FREEPRESS – Managing Director and Chief Executive Officer, Airtel Nigeria, Mr. Segun Ogunsanya, has stressed that telecom firms in Nigeria can successfully list on the Nigerian Stock Exchange and contribute significantly to the socio-economic development of the country, barring challenges confronting…
FREEPRESS – Etisalat has repaid 42 per cent of the debt owed Nigerian banks and is not owing the humongous $1.2 billion, as being reported in the media. The clarification was made by the troubled telecommunications company today. “As at today,…
FREEPRESS – Strong indications emerged on Wednesday that consortium of 13 banks, involved in Etisalat Nigeria’s 1.2 billion dollar loan is seeking the Federal Government’s intervention to investigate the management. A management source close to the banks told the News Agency…
FREEPRESS – The dollar yesterday crashed to N368/$ in the parallel market, after over three weeks at N382/$, representing N14 appreciation within the period. The exchange rate, which was confirmed by Aminu Gwadabe, president of the Association of Bureaux De Change…
FREEPRESS – The Central Bank of Nigeria (CBN) yesterday kept its Monetary Policy Rate (MPR), its base interest rate, at 14 per cent. CBN Governor Godwin Emiefele, who spoke to reporters after the Monetary Policy Committee (MPC) meeting in Abuja, said…
FREEPRESS – About 15 commercial banks were on Tuesday barred from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window. The decision by the Central Bank of Nigeria, CBN, to wield the big stick…
FREEPRESS – A former Governor of the Central Bank of Nigeria, Prof. Chukwuma Soludo, on Monday highlighted steps the Federal Government needed to return the country out of the biting economic challenges and get back on the path of growth. Soludo…
FREEPRESS – The Naira on Tuesday sustained its gain against the dollar at the FOREX market, the News Agency of Nigeria (NAN) reports. The Nigerian currency exchanged at N455 (Buying rate), N457 (selling rate) at the parallel market, from the N455/460…
