Price appreciation in GUARANTY (+3.1%), ZENITH (+4.1%) and ACCESS (+4.3%) drove the All-Share Index up 17bps to 28,140.41 points. Consequently, YTD return improved to 4.8% while market capitalisation...
Nigeria expects its mining sector to account for 3% of GDP over the next five years from just 0.3% currently as the government seeks to diversify...
The Minister of Agriculture and Rural Development, Sabo Nanono, says following Federal Government’s effort to encourage local production, Nigeria may stop fish importation in 2020. The...
United States has announced an additional $40-million aid to Nigeria to address the humanitarian crisis arising from decades of the Boko Haram insurgency. The Secretary of...
Ruth Eshio General Electric (NYSE: GE) and the Africa Leadership University (ALU) have said they have opened the 3rd cohort of the Africa Industrial Internet Programme...
Peace Gabriel Lagos State Governor Babajide Sanwo-Olu on Tuesday launched eight newly acquired speed boats at Badore Ferry Terminal in Eti-Osa Local Government Area. This was...
The bearish sentiment persisted as sell-offs in DANGCEM (-5.5%), NIGERIAN BREWERIES (-6.4%) and FBNH (-2.3%) drove the All-Share Index southwards by 1.2% to 28,093.76 points. As a...
The United States and the British dependency of Jersey have agreed with Nigeria to repatriate more than $300 million in funds stolen by former military ruler...
The Federal Government in Abuja launched a New Visa Policy (NVP) to boost the nation’s economy and allow travellers to visit Nigeria without visas and only...
Comptroller-General of Customs, Col. Hameed Ali (Rtd) said that the Custom Command at the Murtala Mohammed International Airport had intercepted 8.06 million U.S. dollars from the...
The equities market sustained its bearish trend following price depreciation in ZENITH (-3.5%), DANGSUGAR (-9.8%) and GUARANTY (-1.4%) which dragged the All-Share Index (ASI) down 35bps to 28,432.27 points. Consequently, market...
In an effort to comprehensively tackle insecurity on Nigeria’s territorial waters and exclusive economic zone, the Federal Government says it is set to deploy its integrated...
OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on demand from the...
Nigerian stocks declined 1.08 per cent to a more than three-week low as investors sold off shares from across the board after weak sentiment hit equities....
By Ruth Eshio Director General, Lagos Chamber of Commerce and Industry Dr. Muda Yusuf has urged the Lagos state government to convey an urgent stakeholders engagement...