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A negative trend dominated the NGX as sellers outnumbered buyers. The market dropped by 43.58 points to close at 67,335.3, indicating the pessimism of investors. The...
Brent crude oil trade at $1.74 higher to hit the $93.62 the highest this year, as expectations of tighter supply outweighed worries about weaker economic growth...
World Economic Forum has said that more than 1,000 business leaders, policy-makers, leaders from international and civil society organisations, innovators and social entrepreneurs from more than...
Minister of Power, Adebayo Adelabu, has said that the African Development Bank (AfDB) will provide $250 million to support the Nigerian Electrification Project. Adelabu said this...
The local bourse bounced back today, paring previous session losses, as the benchmark Index surged 0.98% to close at 67,414.40 points. Renewed investor interests in Tier-1...
The global debt burden retreated for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update...
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced 42 successful bidders in the 2022 Nigerian Gas Flare Commercialisation Programme (NGFCP)’s auction process. Mr Gbenga Komolafe, the...
Minister of Interior, Hon. Olubunmi Tunji-Ojo, has confirmed the clearance of almost 60,000 passport backlogs within four working days. The development was sequel to his directive...
Apple Inc. spent nearly $20 billion buying back its own shares during the second quarter of 2023, the most of any company in the S&P 500,...
Today, the domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.80% to close at 66,760.20 points. Bearish sentiment in MTNN (-1.53%),...
United Bank for Africa (UBA) has reported a profit before tax of N404 billion, representing an increase of 371 per cent, when compared to N85.75 billion...
The Nigerian Maritime Administration and Safety Agency (NIMASA) hosted an enlightenment workshop for seafarers, employers of seafarers and other maritime stakeholders in Lagos on Seafarers’ Medical...
President and Chairman of the Board of Directors of ECOWAS Bank for Investment and Development (EBID), Dr George Agyekum Donkor, has been nominated for yet another...
Google has exploited its dominance of the internet search market to lock out competitors and smother innovation, the Department of Justice charged Tuesday at the opening...
African Export-Import Bank (“Afreximbank” or the “Group”) has released the consolidated financial statements of the Bank and its subsidiaries, for the half year ended 30 June...