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The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market. Figures obtained from the CBN, October...
The World Economic Forum has reported that a group of senior financial services industry executives from firms including HSBC, Allianz, and Ant Financial, along with public...
In a bid to remove Nigeria from being referred to as the global headquarter of poverty the Federal Government said it will continue to drive initiatives...
Honda Motor is to invest $2.75 billion and take a 5.7 per cent stake in General Motors’ Cruise self-driving vehicle unit.mThe investment is spurred by the...
Edo State has unveiled a series of incentives for budding entrepreneurs and business owners to flourish. According to the Commissioner for Wealth Creation, Cooperatives and Employment,...
The World Bank has cut its economic growth forecast for sub-Saharan Africa this year to 2.7 percent from an earlier forecast of 3.1 percent, mainly...
Sell-offs in bellwethers – DANGCEM (-2.4%) NIGERIAN BREWERIES (-2.7%) and UNILEVER (-2.2%) weighed on performance at the stock market as the All Share Index (ASI) shed...
Radisson Hospitality will invest in ten new hotels across Africa, the company said on Tuesday, the latest hotel group eyeing expansion on an underdeveloped continent. Global...
Shipments of West African oil to Asia are set to hit a two-month high in October as Chinese refineries scramble for alternatives to Iranian crude before U.S....
British firm has received the nod to commence work on the $2 billion contract to construct the High Grand Falls Dam in Kenya. London-based GBM Engineering...
With oil prices hitting fresh four-year highs of over 85 dollars, long-dormant proposals to allow the United States to sue OPEC nations are getting a...
Investors began the trading week booking profit in STANBIC (-7.6%), GUARANTY (-0.1%) and GUINNESS (-2.4%). Hence, the All Share Index (ASI) fell 17bps to 32,711.65 points, YTD...
In its bid to further ease the process of registering Micro, Small and Medium Enterprises (MSMEs) in the country, Vice President Yemi Osinbajo today, announced the...
President Muhammadu Buhari says his administration is making progress in the fight against corruption as shady oil deals and the brazen theft of billions of Naira...
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N18.12 billion for May 2018, a performance which is relatively higher than the trading...