Sell pressures in ZENITH (-0.8%), GUARANTY (-0.5%), and INTBREW (-2.6%) dragged the benchmark index lower by 13bps to 41,510.16 points, extending the previous day’s loss. As a...
Federal ministers and heads of agencies are reporting further progress in the implementation of the Economic Sustainability Plan of the Buhari Administration as Vice President Yemi...
BUA said it has paid for 1 million doses of AstraZeneca COVID-19 vaccines for Nigeria through the AFREXIM Vaccine programme in partnership with CACOVID. These doses...
Ecobank Nigeria says its customers are now able to transfer funds by email, SMS and Whatsapp – new features available on the Bank’s Mobile App. Speaking, Olukorede Demola-Adenyi, Head,...
At the close of trade, the domestic equities market posted a bearish performance as the All-Share index declined 34bps to 41,564.31 points as a result of profit-taking in GUARANTY (-8.8%), PZ (-9.7%),...
International Monetary Fund IMF, Board of Directors have noted that multiple rates, limited flexibility, and foreign exchange shortages are posing challenges to Nigeria and have thus...
The World Economic Forum has said that to achieve the Sustainable Development Goals by 2030, a new circular approach is needed to transform the goods and...
Department of Petroleum Resources (DPR) has issued Licence to Establish (LTE), the first floating Liquefied Natural Gas (LNG) production plant to UTM Offshore Ltd., an indigenous...
The Nigerian National Petroleum Corporation (NNPC) has said that it achieved a trading surplus of ₦13.43billion for the month of November 2020 up by 54% when...
The National Maritime Transport Policy being developed by Nigeria is of interest in Belgium for windows of investment opportunity. Executive officers of the Port of Antwerp...
Nigeria Civil Aviation Authority, NCAA, has lifted the suspension it imposed on Emirates airlines for violating covid-19 protocols. This is coming as the airline suspends Rapid...
The total capital importation for the year 2020 contracted by 59.7 per cent y/y to $9.7 billion from $23.9 billion in 2019. The disaggregated full year...
The Central Bank of Nigeria has notified Deposit Money Banks, Non-Financial Institutions, other financial institutions against doing business in Crypto and other digital assets. In a...
Nigeria Civil Aviation Authority,NCAA, has suspended Emirates from operating flights out of Nigeria for violating COVID-19 directives and protocol as issued by the Presidential Task Force...
The Police in Lagos, in a joint operation with the Edo State Command, have nabbed the mastermind behind the syndicate group, comprising over ten fraud groups...