Reuters: Nigeria News

Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

19/10/2017 06:28 PM
UPDATE 1-Nigerian lenders pick Barclays to find new investors for 9mobile -sources
LAGOS, Oct 19 (Reuters) - Nigerian lenders have picked Barclays to try to find new investors for debt-laden 9mobile, two banking sources said on Thursday.

19/10/2017 06:07 PM
BRIEF-Great Nigeria Insurance posts 9-month pretax profit of 814.5 mln naira
* 9-MONTHS ENDED SEPT 2017 PROFIT BEFORE TAX‍​ OF 814.5 MILLION NAIRA VERSUS 640.1 MILLION NAIRA YEAR AGO

19/10/2017 06:06 PM
BRIEF-Wema Bank posts 9-month pretax profit of 1.80 bln naira
* 9-MONTHS ENDED SEPT 2017 BANK PROFIT BEFORE TAX‍​ OF 1.80 BILLION NAIRA VERSUS 1.49 BILLION NAIRA YEAR AGO

19/10/2017 05:31 PM
Nigeria revises down 2017 economic growth forecast to 1.5 pct from 2.19 pct - document
ABUJA, Oct 19 (Reuters) - Nigeria has revised down its forecast for 2017 economic growth to 1.5 percent from 2.19 percent, according to a document seen by Reuters on Thursday.

19/10/2017 05:19 PM
Nigerian lenders pick Barclays to find new investors for 9mobile -sources
LAGOS, Oct 19 (Reuters) - Nigerian lenders have picked Barclays to try to find new investors for debt-laden 9mobile, two banking sources said on Thursday.

19/10/2017 05:12 PM
BRIEF-UAC of Nigeria seeks approval and listing of rights issue of 960.4 mln shares
* UAC OF NIGERIA SUBMITTED APPLICATION TO NIGERIAN STOCK EXCHANGE FOR APPROVAL AND LISTING OF A RIGHTS ISSUE OF 960.4 MILLION SHARES

19/10/2017 05:04 PM
W. Africa Crude-Bonny Light exports to rise, BPCL issues new tender
LONDON, Oct 19 (Reuters) - Spot trade was limited on Thursday due to competition from alternative light, sweet grades and the overhang of Nigerian crude was set to worsen with a rise in Bonny Light exports.

19/10/2017 04:58 PM
UPDATE 1-Dangote Cement still interested in South Africa's PPC - CEO
LAGOS, Oct 19 (Reuters) - Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing chief executive officer Onne van der Weijde said on Thursday.

19/10/2017 04:13 PM
Dangote Cement still interested in South Africa's PPC - CEO
LAGOS, Oct 19 (Reuters) - Nigeria's Dangote Cement is still interested in acquiring South African rival PPC and would do a deal at the right price, its outgoing chief executive officer Onne van der Weijde said on Thursday.

19/10/2017 03:51 PM
UK anti-slavery drive must stop victims before they leave Vietnam - activists
LONDON, Oct 19 (Thomson Reuters Foundation) - Britain's funding boost to stop people being trafficked from Vietnam and enslaved in brothels, nail bars and cannabis farms must prioritise people most at risk of falling into the hands of traffickers, anti-slavery charities said on Thursday.