Airtel CEO lists conditions for telcos’ listing

Airtel MD Segun Ogunsanya     The Managing Director/Chief Executive Officer, Airtel Nigeria, Mr. Segun Ogunsanya, says telecommunications companies in Nigeria can successfully list on the Nigerian Stock Exchange and contribute significantly to the socio-economic development of the country, barring the challenges confronting operators in the sector. He said an enabling business environment, policies that […]

Nigerian bonds not affected by JP Morgan’s delisting, DMO assures

he Debt Management Office (DMO) said that the quality of Nigerian Bonds was not affected by the removal of Nigeria from the JP Morgan Bond Index for Emerging Markets. Director-General of DMO, Mr Abraham Nwankwo, made the statement on Wednesday in Abuja at a news conference. He said that the Federal Government’s bonds were strong […]

Nigeria, Africa markets: Factors to watch on May 13

(Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday. EVENTS: Ghana and Zambia’s central banks to announce the latest decisions on their respective benchmark lending rates. TANZANIA – Leaders of five-member state East African Community meet to discuss the political crisis in Burundi after President Pierre […]

CBN approves Uzoma Dozie’s appointment as Diamond Bank’s new GMD as Otti resigns

The Central Bank of Nigeria (CBN) has approved the appointment of Uzoma Dozie as the new Group Managing Director and Chief Executive Officer of Diamond Bank following the voluntary resignation of Dr Alex Otti. Otto resigned last week to pursue his gubernato­rial ambition in the 2015 general election. The bank said that the decision to […]