Losses in Industrial Goods stocks – BUACEMENT (-10.0%), DANGCEM (-0.8%) and WAPCO (-7.4%) – resulted in a 153bps dip in the benchmark index to settle at 24,479.16 points. As a result, YTD loss worsened...
Furthering its commitment to safeguard the investments and savings of customers, Africa’s largest retail bank, Access Bank PLC, has introduced *901*911#. The USSD code allows customers...
The Platform for Collaboration on Tax (PCT) – a joint initiative of the IMF, OECD, UN and World Bank Group – is seeking feedback from the...
The local bourse started the week on a positive note following gains in NESTLE (+4.7%), OKOMUOIL (+10.0%) and FBNH (+1.9%) thus pulling the benchmark index up 12bps to close at 24,858.82 points. Consequently, market...
The Federal Government’s aspiration to boost domestic utilisation of gas in Nigeria will receive a boost tomorrow as President Muhammadu Buhari performs the Flag-off of the...
Shareholders of Transcorp Hotels Plc have unanimously approved the company’s plan to raise the sum of N9.9 billion through a rights issue. The shareholders gave the...
Oil prices slid for a second straight session on Monday as coronavirus cases rose in the United States and other places, leading some countries to resume...
Despite four consecutive losses during the week, the Nigerian Equities market closed on a bullish note as buying interest in AIRTELAF (+10.0%), ABCTRANS (+9.8%) and NESTLE...
The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has notified stakeholders about 13 vessels from five countries heavily affected by the coronavirus (COVID-19)...
Mozambique is on its way to becoming one of the world’s largest energy producers, and its growing oil and gas market is ripe with business opportunities...
The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as petrol for...
The Federal Airports Authority of Nigeria (FAAN) has held dry run simulation exercises at domestic terminals of the Nnamdi Azikiwe International Airport, Abuja and Murtala Muhammed...
The Federal Competition and Consumer Protection Commission (FCCPC) says the Chinese restaurant known for exclusive and discriminatory service in Lagos remained shut. The FCCPC Director General,...
The Central Bank of Nigeria (CBN) has said that it has disbursed over N49 billion out of N50 billion targeted facility for households and small businesses...
Nigeria needs to deepen economic reforms and boost government revenues in order to have a sustained recovery after a coronavirus-induced oil price shock that slashed income...