France, Germany and Switzerland have allowed travel to resume three months after unprecedented restrictions were imposed in a bid to curb the coronavirus pandemic. France reopened...
Sell-offs in MTNN (-1.7%), BUACEMENT (-1.8%) and ZENITH (-2.7%) dragged the All-Share Index by 91bps to close at 24,954.25 points. As a result, market capitalisation fell ₦119.2bn to settle at ₦13.0tn while YTD loss worsened to -7.0%. Activity...
Lagos Chamber of Commerce and Industry has said that a strong and virile economy is critical for a sustainable democracy. In an assessment of Nigeria’s 21...
Afreximbank President Prof. Benedict Oramah Shareholders of African Export-Import Bank (Afreximbank) have voted and re-appointed Prof. Benedict Oramah as President of the Pan-African multilateral financial institution...
Dubai Chamber of Commerce and Industry said it has kicked off a webinar series providing African business leaders and entrepreneurs with useful information about doing business...
The African Development Bank’s vice president for agriculture, human and social development, Jennifer Blanke, will step down from her post next month, the bank said on...
The Cross River Government and Israeli Bean & Co. Global Ltd. has signed a full Venture/Public Private Partnership agreement of 15 million dollars. The agreement was...
National Co-operatives Financing Agency of Nigeria (CFAN) has lauded the waiving of guarantors for applicants of CBN’s N50 billion COVID-19 Targeted Credit Facility. CFAN described the...
National Bureau of Statistics has reported that Nigeria’s total trade declined 17.94 per cent in the first quarter of 2020 compared to the value recorded in...
The Nigerian Electricity Regulatory Commission (NERC) has threatened to sanction seven electricity Distribution Companies (DisCos) for failing to comply with its orders. Electricity Distribution Companies (DisCos)...
Improving the working and trading environment for small and medium sized businesses through Shared Facilities, MSMES Clinics and other government interventions are critical parts of the...
The African Development Bank said it has blacklisted Burmeister & Wain Scandinavian Contractor (BWSC) for 21 months for fraudulent and corrupt practices. The financial institution said...
The Conference of Parties (CoP) of the African Risk Capacity (ARC) has elected Mr. Ibrahima Cheikh Diong, of the Republic of Senegalas the new ARC Group Director...
Ghana will implement a set of policies to reduce the dominance of MTN in the country’s telecommunications market, the government has said in a statement. “The...
Chinese foreign trade fell 9.3 per cent in May compared to the same period last year, Chinese customs officials said in Beijing on Sunday. Exports fell...