Business

Lagos opens website to register undergraduates for internship scheme

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The Lagos State Government on Thursday announced the opening of a website to register intending applicants for the 2017 edition of Ready.Set.Work (RSW) scheme which is an entrepreneurship and employment initiative designed to equip final year students of tertiary institutions with the right skills to add value to the society.

Isaac Umunna

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EFG Hermes looks to Saudi business, Nigeria for expansion

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Egyptian investment bank EFG Hermes hopes to close a deal to acquire a Nigerian broker next month and is hoping to win IPO mandates in Saudi Arabia as it seeks new growth markets. Saudi Arabia could be a major growth market for EFG Hermes, which is the biggest investment bank in the Middle East but […]
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Nigeria bonds rise after Buhari Presidential election win

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Nigeria’s dollar-denominated government bonds rose to 5-7 month highs on Wednesday after Muhammadu Buhari won a second term at the helm of Africa’s largest economy and top oil producer. The country’s longer-dated bonds were up as much as 0.8 cents in the dollar to extend a more than 10 cents rally since the start of […]
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Nigeria to raise 70bn naira at bond auction

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Nigeria plans to raise 70 billion naira ($222 million) via a sovereign bond sale next week, the Debt Management Office (DMO) said on Tuesday, less than it has sold at previous auctions. The DMO said it would issue a five-year bond to raise 10 billion naira, and sell 10-year paper to fetch 30 billion naira, […]

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