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Oil prices drifted lower on Thursday as concerns about renewed COVID-19 lockdowns in the United States outweighed signs of a recovery in U.S. gasoline demand. U.S....
Central Bank of Nigeria apparently buckled under pressure from International Monetary Fund, IMF and World Bank to unify the Naira exchange rate. The national currency, Naira,...
Dr. Okonjo-Iweala and seven other candidates are contesting for the World Trade Organisation top job. Other candidates are from Egypt, South Korea, Mexico, Moldova, Kenya, Mexico...
The Nigerian National Petroleum Corporation (NNPC) has reported seven fatalities in an explosion incident which occurred at Gbetiokun, Oil Mining Lease (OML 40), operated by the...
Today, the market remained resilient as the All-Share Index advanced 75bps to settle at 24,097.48 points due to bargain hunting in GUARANTY (+6.9%), WAPCO (+10.0%) and ZENITH (+1.8%). Consequently, market capitalisation settled at ₦12.7tn as...
Ecobank Nigeria has restated its commitment to the Agricultural sector and is supporting over 70,000 farmers with special loans to increase their capacity and yields during...
Lufthansa announced plans to cut 1,000 of a total of 5,000 jobs in administration, as the flagship German carrier battles to survive the COVID-19 crisis. According...
African economies, is expected to partially rebound next year from a pandemic-induced economic slump, but it could still lose nearly a quarter of a trillion dollars...
President Buhari anti-corruption is on trial as the man charged with responsibility of fighting the hydra headed social monster has been suspended on corruption charges. The...
Nova Merchant Bank, has said that its ongoing N10 billion bond issuance is aimed at putting the business on firm footing to achieve its short-term and...
In today’s session, gain resurfaced in the equities market as the benchmark index rose 30bps due to bargain hunting in AIRTELAF (+3.7%), BUACEMENT (+2.5%) and ZENITH (+1.9%) to close at 24,097.48 points. Consequently, market capitalisation advanced ₦37.3bn to...
The Federal Capital Territory Administration FCTA has threatened to seal some branches of Guaranty Trust Bank in the territory for operating without regards to Covid-19 safety...
Nigeria’s total public debt rose to N28.62 trillion as of March, up 15% from a year earlier, the Debt Management Office (DMO) said on Friday. Africa’s...
Central Bank of Nigeria has debited N122 billion from Nigerian banks with excess cash before weakening the currency at a retail auction on Friday, in a...