The African Export-Import Bank (Afreximbank) vaulted market uncertainties caused by COVID-19 pandemic to successfully conclude a dual-currency Syndicated Loan, raising the equivalent of US$907.5 million, comprised of...
Ecobank Nigeria has reiterated that its agency banking scheme, also known as Xpress Points, is building entrepreneurs and pushing financial inclusion to the large unbanked and...
Banks and other financial institutions paid Value Added Tax (VAT) worth N5.42 billion in the first quarter of 2020, National Bureau of Statistics (NBS) has said....
Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said but it trimmed its forecast for the drop citing...
MTN Group, South Africa’s largest mobile operator by subscribers stuck to its medium-term forecast on Thursday, despite the coronvirus pandemic, as it posted higher core earnings...
World’s largest social media company, Facebook is designing a massive underwater cable around Nigeria and other African countries, bringing high-speed connectivity to the continent’s 1.3 billion...
Although the Coronavirus pandemic has affected lives and livelihoods of Nigerians in different ways, it, however, offers an opportunity for the Nigerian people and government to...
The domestic equities market extended yesterday’s gain as the All-Share Index (ASI) rose 77bps to close at 23,892.92 points due to buying interest in DANGCEM (+1.7%), NESTLE (+4.0%) and GUARANTY (+2.6%). Consequently,...
The United Nations Conference on Trade and Development (UNCTAD) has commended Nigeria for taking proactive and effective action against price gouging and other anti-consumer activities during...
A Federal High Court sitting in Abuja Judicial Division, has ruled that the Nigerian Custom Service can not collect duty on goods/personal effect of a passenger,...
A collapse in consumption and other incoming data are dragging down the outlook for the global economy, the International Monetary Fund’s chief economist Gita Gopinath said...
Nigeria LNG has signed the engineering, procurement and construction (EPC) contract for Train 7, its major gas expansion plan, Nigeria’s oil minister said on Wednesday. The...
The domestic equities market ended on a positive note as the All-Share Index (ASI) rose 6bps to close at 23,704.44 points following price appreciation in GUARANTY (+2.1%), STANBIC (+2.6%) and...
Central Bank of Nigeria CBN, Governor Mr Godwin Emefiele has said that Nigeria policy makers ability to restore the growth of the economy is dependent on...
States that have not benefited from medical facilities and infrastructure support from the Nigerian National Petroleum Corporation (NNPC) and her partners in the ongoing intervention initiative...