World Bank has in its January 2020 Global Economic Prospects said that global economic growth is forecast to edge up to 2.5 per cent in 2020...
The domestic bourse sustained its rally as gains in DANGCEM (+9.3%), MTNN (+1.8%) and STANBIC (+6.3%) pulled the All-Share Index (ASI) 354bps higher to 28,562.48 points. This is coming on the heels of...
United Bank for Africa Plc (UBA) has appointed Mr. Oliver Alawuba as the Chief Executive Officer (CEO) UBA Africa, overseeing the bank’s 20 African country operations,...
The equities market sustained its bullish trend following price appreciation in DANGCEM (+2.7%), ZENITH (+5.0%) and ACCESS (+3.7%) which pulled the All-Share Index (ASI) up 90bps to 27,586.93 points. Consequently, market capitalisation...
The Edo State Government has commenced the payment of the new N30,000 minimum wage to workers in the state with the adjustment of the government’s payroll, among other modalities...
Cross River State Governor, Prof. Ben Ayade has signed the state’s 2020 appropriation bill into law. Ayade lauded the state House of Assembly for beating the...
By Omoh Gabriel The desire of Nigeria to diversify its economy has been in the works for several decades. From Shehu Shagari’s green revolution to Obasanjo’s...
OPEC oil output fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made further cuts ahead of...
The domestic bourse opened the week positive as buying interest in DANGCEM (+2.8%), GUARANTY (+3.0%) and ZENITH (+3.9%) pulled the All-Share Index (ASI) up 138bps to 27,339.68 points. Consequently,...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Chevron branch has called for the removal of the Chairman and Managing Director (CMD) of...
Nigerians living in areas covered by 11 Electricity Distribution companies are now to pay more for light. The 11 DISCO which tariffs have been approved for...
More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) which opens in Kigali on 16 January in what the organisers...
A home-grown electric ship conducted a trial operation in central China on the Yangtze River, China’s longest waterway. Junlyu is the first electric ship weighing above...
A group known as Partner For Petroleum & Energy Sector Prosperity Initiative (P-PESPI) has called on President Buhari to urgently escalate his intervention to stop criminals...
The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per cent compared to ₦8.59 billion...