United Kingdom

Chijioke Ohuocha

UPDATE 3-Nigeria's election delay triggers stock-market sell-off

18 Feb 2019

* Jittery investors on sidelines (Recasts first paragraph with stock market fall, adds analyst comments)

UPDATE 2-Nigerian assets fall as election delay fuels uncertainty

18 Feb 2019

* Jittery investors on sidelines (Adds further comments, bonds, background)

Nigerian economy grows at fastest pace in two years as election nears

12 Feb 2019

LAGOS Nigeria's economy grew in 2018 at its fastest pace since a recession two years earlier, data showed, just days before a presidential election in which boosting growth has been a major campaign issue. | Video

Undervalued Nigerian stocks seen poised for post-election rally

11 Feb 2019

* Win for either of 2 frontrunners likely to spur stock market

UPDATE 1-Nigeria naira firms as funds shrug off election risk to buy treasuries

07 Feb 2019

LAGOS, Feb 7 The Nigerian naira has gained 0.55 percent in a week to reach 361 per U.S. dollar on Thursday as foreign funds shrugged off the risk of forthcoming elections to buy government treasuries, traders said.

UPDATE 2-Access Bank to complete Diamond Bank acquisition by April 1 - CEO

24 Jan 2019

* Access says no need to sell shares for deal (Releads with takeover closure dates)

Nigeria's 'bad bank' seeks investors for state-backed lender Polaris

22 Jan 2019

LAGOS, Jan 22 Nigeria's "bad bank" is to seek new investors to take over nationalised lender Polaris after elections next month and is taking stock of the bank's assets ahead of a sale, a spokesman for the bad bank said on Tuesday.

UPDATE 1-Nigeria's Forte Oil seeks to sell power unit to top investor

17 Jan 2019

LAGOS, Jan 17 Nigerian energy firm Forte Oil plans to enter into talks to sell its power unit to its major investor, billionaire Femi Otedola, after it failed to secure a deal via a public tender.

Nigerian opposition candidate says he would remove multiple exchange rate

16 Jan 2019

LAGOS The main opposition candidate for next month's presidential election in Nigeria said on Wednesday he would eliminate multiple exchange rates to attract foreign investors.

Nigerian opposition candidate seeks to privatise state oil firm

16 Jan 2019

LAGOS Nigeria's main opposition candidate for president said on Wednesday he would seek to privatise the state oil company and other government assets if elected next month, while removing a costly petrol subsidy, to revive the economy.

World News