The domestic equities market opened the week on a negative note due to profit-taking in GUARANTY (-4.3%), UBN (-8.6%) and ZENITH (-2.3%). Consequently, the All-Share Index (ASI) shed 39bps to close at...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured investors of the security of their investments in the country despite dwindling revenue from...
Zambia has applied to the International Monetary Fund (IMF) for a COVID-19-related rapid credit facility as it starts the process of shortlisting financial advisers to help...
The President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo says its members have started buying Premium Motor Spirit (PMS) also known as petrol...
The Securities and Exchange Commission (SEC) says it is leveraging opportunities available in financial technology (fintech) space to ensure proper regulation of Capital Market in the...
Chida Hotel has refused to accommodate Nigerians evacuated from abroad as earlier agreed because the owner has moved into the hotel with his families. It was...
The United States of America has pointed Nigeria to another $319 million stolen by Abacha family from the nation’s treasury. US Embassy in Nigeria has confirmed...
The coronavirus pandemic destroyed 20.5 million U.S. jobs in April, driving the unemployment rate to a post Word War Two high of 14.7% as the country...
International Monetary Fund IMF has said that over 100 countries Nigeria inclusive have reached out to the IMF for help to fight the pandemic. Some of...
The Nigerian Stock Exchange (NSE) on Friday recorded first week loss with the market indicators dropping 1.27 per cent due to profit taking. Specifically, the market...
Nigerian conglomerate UAC plans to complete an unbundling of its majority stake in its loss-making property arm UPDC by July, subject to coronavirus disruptions that might...
President Muhammadu Buhari has approved the appointment of Mr Alwan Hassan as Acting Managing Director, Bank of Agriculture (BOA). This was contained in a statement by...
The Minister of Industry, Trade and Investment, Adeniyi Adebayo, has pleaded with money deposit banks and other financial institutions to assist the government’s efforts in preventing...
United Nations Economic Commission for Africa (UNECA), says African economy will lose $65 billion in full lockdown of the continent due to COVID-19. Mr Stephen Karingi,...
Refinitiv has said in its research findings that the technique used by organised crime and fraudsters in sub-Saharan Africa is becoming more diverse and sophisticated. Refinitiv...