On March 16th 2018, the online lifestyle network powered by the United Bank for Africa, REDTV, held an exclusive screening for season 2 of the hit series, Inspector K , at Filmhouse Cinema in Lekki, Lagos.

Fast growing commercial bank Fidelity Bank Plc said it has been able to grow its customer base by more than 91 per cent to over N170 billion from N89 billion within a three year period.

Nigeria raised N64.06 billion ($210 million) at Wednesday’s auction of government bonds , less than it originally planned but at lower yields, traders said.
The government has been working to cut its borrowing costs, particularly as inflation slows. It sold Eurobonds last month to help repay some treasury bills rather than rolling them over as it has done in the past.
The Debt Management Office (DMO) initially aimed to raise N70 billion. However, it sold N10.05 billion in five-year bonds at 13.40 per cent and N45.10 billion in 10-year debt at 13.60 per cent. It introduced a new seven-year paper at 13.53 per cent to raise N8.91 billion.
It drew subscriptions of N142.81 billion, more than half skewed towards the 10-year bond. Investors bid as high as 14 per cent for the bonds at the auction.

More than 150,000 Africans from 114 countries worldwide applied to join the 4th ‎cycle of The Tony Elumelu Foundation’s (TEF) 10-year, $100 million TEF Entrepreneurship Programme. Today, the Foundation announced the African entrepreneurs with the most innovative, high-potential business ideas.

Dangote Cement Plc said it got approval from Nigerian regulators to issue N300 billion ($833 million) in local-currency bonds as it seeks to fund expansion and refinance debt.

Minister, Mrs. Kemi Adeosun, has disclosed that the country’s economic outlook for the year 2018 and beyond was positive and now resilient after exiting recession and has the potential to achieve a seven per cent economic growth in the next two to three years.

The Airline Operators of Nigeria (AON) has called on the Federal Government to reconsider its decision with the planned signing of the African Continental Free Trade Area (AfCFTA) Treaty which is scheduled for signing by African Heads of States on March 21 – 22, 2018 in Kigali, Rwanda.

Both Zenith and Guaranty Trust Bank Plc are the major contenders in the banking sector in terms of profitability and functionality. While GTB pride itself as retail banks, Zenith is not as much a retail bank but its recent moves indicate desire to join the market.

Nigeria is reducing its domestic borrowing after government debt reached N22 trillion ($61 billion) in 2017, with most of it made up of high-interest, locally-acquired credit, the country’s debt office said.

Nigerian National Petroleum Corporation (NNPC), has commenced move to digitalise its operations as part of efforts to ensure the transformation of country’s oil sector, its chief executive Maikanti Baru has said.