Finance

Global watchdog calls for monitoring of robots’ financial markets risk

The world's top central bankers have warned that the spread of artificial intelligence could pose a threat to financial stability.…

MTN appeals to court to dismiss $4.2bn Turkcell damages claim

MTN Group Ltd. has asked South Africa’s High Court in Johannesburg to dismiss a $4.2 billion damages claim by Turkcell…

Flour Mill of Nigeria announces equity raising through rights issue, medium-term notes

Flour Mills of Nigeria Plc has announced intent to raise equity through the issuance of rights and medium-term notes. In…

Nigeria’s debt office offers 2,3-year savings bond for subscription at 12 – 13% interest per annum

Nigeria’s Debt Management Office (DMO) Monday offer for public subscription two and three-year savings bonds at 12 and 13 percent interest rate…

Nigeria central bank debunks media report on alleged arrest of its deputy director by EFCC

The Central Bank of Nigeria (CBN) has faulted a media report on alleged arrest of one of its deputy directors…

Nigeria’s Fidelity Bank offers to buy back $300m of debt as it plans issue of new notes to extend debt maturities

Nigeria’s Fidelity Bank has announced offers to buy back $300 million worth of debt and intends to issue new notes,…