The Federal government said plans are underway to unveil the first modular refineries with 10,000bpd and 7,000bpd in Rivers and Delta states respectively by November and...
eTranzact International Plc, a leading electronic payment solution company, has assured stock brokers at the Nigerian Stock Exchange (NSE) of a bright future as investment in...
In today’s trading session, losses in bellwethers – DANGCEM (-2.4%), FBNH (-2.8%) and STANBIC (-1.6%) drags the benchmark index 46bps lower to 32,963.27 points, ex-DANGCEM, the ASI...
PZ Cussons Plc said its quarterly results were in line with expectations, even as the soaps and cosmetics maker’s prices, volumes and margins in Nigeria remained...
About 400 businesses owned by Nigerians have been closed by authorities in Ghana, sparking a protest by owners who have issued a week ultimatum within which...
Tanzania has taken a major decision that could slow down tourism, by imposing a security levy of $5 on every air passenger. The new levy, which...
Economic activity in the United States could fall more than two percent within a year if Washington launched a trade war on a wide front, European...
The Nigerian Shippers’ Council (NSC) says it will sign a Memorandum of Understanding with shipping companies on reducing the cost of doing business at ports to...
The Nigerian National Petroleum Corporation (NNPC) says there is 37 days premium Motor Spirit (PMS) known as petrol self-sufficiency to serve the needs of consumers across...
The African Development Bank (AfDB) has called on global partners to join hands to lift one billion people worldwide out of hunger. It said it was...
The domestic market rebounded today by 2.0% to close at 33,114.44 points following bargain hunting in bellwethers – DANGCEM (+2.4%), NESTLE (+6.8%), GUARANTY (+5.0%), STANBIC (+4.8%)...
Central Bank of Nigeria has kept its main interest rate at 14 per cent, Governor Godwin Emefiele said, in a split decision that reflected the bank’s...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has been re-elected the Chairman of the Association of African Maritime...
Residential and commercial properties in the Carolinas and Virginia sustained between $19 billion and $28.5 billion in damage, including damage resulting from storm surge and inland...
Standard Bank said the Nigerian central bank (CBN) may review a decision to penalise its West African unit for allegedly breaking the law in helping South...