The local bourse closed lower this week from the previous week positive performance as profit taking in market bellwethers dragged the equities market on 3 of...
Sell pressures persisted in the local bourse as losses extended into the third consecutive session. Losses in DANGCEM (-2.9%), NESTLE (-1.5%) and DANGSUGAR (-8.0%) pulled the...
(Reuters) – Investors pulled the most money out of emerging market stocks last month since the ‘taper tantrum’ panic of 2013 when the U.S. Federal Reserve...
Nigeria has replied the African Union Commission and lobbyists that it is not in a hurry to pen the African Free Trade Agreement (AfCFTA). The decision...
The African Development Bank (AfDB) has completed a $500 million credit insurance to protect the bank against the non-payment of loans made to approximately 30 African...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that the Agency will enforce strict compliance to the...
The Debt Management Office (DMO), says it has commenced the accelerated implementation of settlement of government arrears through promissory notes to oil marketers. This will help...
(Reuters) – Nigeria National Petroleum Corporation NNPC said that it had signed a crude-for-product deal with BP for the next six months to help meet the...
The level of Non-Performing Loans (NPLs) in the Nigeria banking sector rose by 15.6 per cent in 2017, the News Agency of Nigeria (NAN) reports. Mr...
Shares trading at the Nigerian Stock exchange, sustained sell pressures amidst weak investor appetite weighed negatively on the stock market as it extended losses into the...
U.S. Consulate Public Affairs Officer Russell Brooks interacting with students of Deeper Life High School during the RoboRave Africa Competition in Lagos.
The World Bank ease of doing business has ranked Nigeria 146th in the 2019 report released in Washington DC. The new ranking is a step back...
Edo State Governor, Mr. Godwin Obaseki has assured workers in the State that his administration will be the first to implement the resolution reached at the...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stressed the importance of the Gulf of Guinea to food...
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today announced the formation of two external advisory groups consisting of economic, financial, and public...