BusinessDay 08 Mar 2019

Page 1

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Everdon Bureau De Change

Bitcoin

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FOREIGN EXCHANGE

Biggest Gainer Stanbic N48 3.00pc

Biggest Loser Mobil N170

-5.56pc

32,010.06

Foreign Reserve - $42.46bn Cross Rates - GBP-$:1.31 YUANY-N53.61 Commodities Cocoa

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US$2,182.00

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NEWS YOU CAN TRUST I **FRIDAY 08 MARCH 2019 I VOL. 15, NO 262 I N300

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BUY

SELL

$-N 357.00 360.00 £-N 467.00 475.00 €-N 403.00 409.00

www.

Market I&E FX Window CBN Official Rate Currency Futures

($/N)

Spot ($/N)

3M

6M

5Y

360.49 306.90

-0.03 12.43

-0.20 14.17

0.00

NGUS MAY 29 2019 362.05

@

10 Y -0.04

20 Y 0.00

14.24

14.13

NGUS FEB 26 2020 363.40

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International Women’s Day: Nigeria in focus …Women urge gender equality, inclusion for economic development KEMI AJUMOBI, DESMOND OKON & RUTH UDEMBA

A

s the world marks International Women’s Day (IWD), which draws attention to matters relating to women and girls, women in Continues on page 38

Inside

MTN’s N1trn revenue signals resilience of Nigerian business ahead IPO M T N N i g e r i a’s financial performance in 2018 may have just s t re n g t h e n e d the resolve of investors who had been bought on the idea of buying the telco’s shares when they

14.17

NGUS AUG 21 2019 362.50

g

L-R: Nike Akande, former president, Lagos Chamber of Commerce and Industry (LCCI); Busola Solanke, analyst, and Oyinade Elebute, widow, during the Christian wake and night of tribute for Emmanuel Elebute, departed professor, physician and founder, Lagoon Hospitals, in Lagos, yesterday. Pic by Olawale Amoo

LOLADE AKINMURELE & JUMOKE AKIYODE-LAWANSON

FGN BONDS

TREASURY BILLS

Shutter assures of listing timeline Targets end of first half to roll out PSB operations

are finally listed this year. The profitable Nigerian unit of the South Africa-based telecom giant posted revenues of N1.04

trillion in 2018, the largest of any listed Nigerian company. Its closest contender, Dangote Cement, posted revenues

of N618 billion from its Nigeria operations alone in 2018, while

Continues on page 38

Taxify rebrands to Bolt with eye on broader P. 2 transport market EFCC arraigns exSkye Bank chair, Tunde Ayeni, others for alleged P. 39 N25bn fraud The life and times of Professor Emmanuel Adeyemo Elebute (1932-2019)

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BusinessDay 08 Mar 2019 by BusinessDay - Issuu