In today’s trade, the bulls held on to gains as the local bourse advanced 302bps to close at 22,539.94 points due to price appreciation in DANGCEM (+10.0%), ZENITH (+9.7%) and GUARANTY (+7.1%)....
Ecobank Nigeria is encouraging unbanked and underbanked Nigerians which include artisans such as mechanics, carpenters, electricians, small scale retailers, transporters and others who depend on daily...
Managing Director International Monetary Fund IMF has recommended three policy measures needed to overcome the damage done by coronavirus to the global economy. In her virtual...
By Omoh Gabriel The IMF has that Nigeria economy will drop by 3.4 per cent thus plunging it into another round of recession. The multilateral financial...
Today, market activities ended on a bullish note as the local bourse gained 232bps to close at 21,879.95 points as a result of price appreciation in DANGCEM (+3.4%), MTNN (+3.2%)...
South Africa’s Finance Minister Tito Mboweni ruled out an International Monetary Fund structural adjustment programme on Tuesday but said the COVID-19 pandemic would cause a deep...
Nigeria financial reporting Council FRC, has released guidelines for auditing companies during this period of COVID-19. In the guideline obtained by Businessnewsreport.com.ng the council said “we...
By Ikenna Lansar Aghaji Housing Deficit in Nigeria – The housing sector of Nigeria has been experiencing housing deficit since the civil war in the 60’s,...
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has appointed Dr. Okonjo-Iweala and 11 others to serve as external advisory group to the IMF. ...
Today’s trading session ended positive as the All-Share Index gained 147bps to 21,384.03 points following gains in NESTLE (+8.5%), ZENITH (+5.7%) and UBA (+9.7%). Investors gained ₦162.0bn as market capitalisation rose to ₦11.1tn while...
International Monetary Fund IMF, Managing Director Ms Kristalina Georgieva has said that the Fund anticipate the worst economic fallout since the Great Depression when the Covid...
The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said in...
Zenith Bank Plc, Nigeria’s leading financial institution, has introduced an automated voice banking service, an interactive voice response (IVR) solution which enables customers to perform basic...
The Federal Government has cut the 2020 budget by N318 billion and sent it to the National Assembly for approval. The government decided to reduce the...
The local bourse closed in the green as the All-Share Index rose 71bps to 21,073.26 points due to gains in WAPCO (+9.8%), DANGSUGAR (+9.6%) and ZENITH (+2.3%). Consequently, YTD loss eased to -21.5%...