nigeria business news today 27012018
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Business Nigeria’s Ezinne Uko & Kenya’s Peter Wachira win $200,000 Kwesé Inc #GoGettaz. - TechMoran
Ezinne Uko (Nigeria) and Peter Wachira (Kenya) have been selected as the two winners of the $200,000 Kwesé Inc #GoGettaz entrepreneurship competition held today at Strathmore University in Nairobi, Kenya. Both walk away with a $100 000 USD investment, a similar amount in credit facility from...- curator
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Business Investors in cryptocurrencies are gamblers — Emefiele – Vanguard News
Central Bank of Nigeria (CBN) yesterday said that it would render support to Nigerians investing in cryptocurrency, describing such investment has gambling. The Governor of the CBN, Mr. Godwin Emefiele stated this in Abuja during an interview with Bloomberg. Emefiele Emefiele’s warning is coming...- curator
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Business MTN IPO valuation to jump as stocks hit new highs – BusinessDay
The recent new highs reached by Nigeria’s stock market is making advisers to the proposed MTN Nigeria listing to review their valuations ahead of the expected pricing of the shares.  The Nigerian stock market rose by 42 percent last year and it has achieved about via BusinessDay –...- curator
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Business Dangote Sugar, Afriprud, UBA Leads Price Gainers at Stock Market – Thisdaylive
The bears remained in control of the stock market leading to the fourth consecutive day of losses Thursday. The pressure from the bears pulled the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell further down by 0.99 per cent yesterday to close at 43,529.06. However, 21 stocks escaped...- curator
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Business Oil hits $71 for first time since 2014 as U.S. inventories decline – BusinessDay
For the first time since 2014, global oil price hit an unprecedented high of $71 as US inventories also declined amid on-going supply cutbacks by Organisation of the Petroleum Exporting Countries (OPEC) and Non OPEC members led by Russia. Brent crude futures, the international benchmark for...- curator
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Business Air Peace Begins Flights to Freetown, Banjul, Dakar – Thisdaylive
One of Nigeria’s leading airlines, Air Peace has announced a new date for the launch of its flights from Lagos to Freetown in Sierra Leone, Banjul in The Gambia and Dakar in Senegal. The airline said it would now connect the three West Coast destinations on February 19. via Thisdaylive –...- curator
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Business Lekki fertilizer plant commences production in June – Dangote – BusinessDay
Nigeria’s Dangote group will take a giant step towards attaining annual revenues of thirty billion dollars when its gigantic fertilizer plant begins production in June at the Lekki industrial area of Lagos. The plant will create thousands of jobs for Nigerians and end a costly regime via...- curator
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Business MainOne wins contract to connect research and educational institutions in West Africa – TechCity
MainOne has announced it has won a 15-year contract with the West and Central African Research and Education Network (WACREN) to provide high-speed bandwidth services. WACREN is the regional research and education network (REN) that facilitates interconnections between national RENs in West and...- curator
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Business Federal Government considering $2.5 billion Eurobond raise – Nairametrics
Director-General, Debt Management Office The Federal Government (through the Debt Management Office DMO) may be considering a $2.5 billion Eurobond in the first quarter of this year. Director-General of the DMO, Patience Oniha disclosed this in an interview with Bloomberg. This is dependent on...- curator
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