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...
Governor Babajide Sanwo-Olu Lagos state Governor has promised the organised private sector to consider a review of the lock-down situation after 7 days. The promise was...
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...
ADDRESS BY H.E. MUHAMMADU BUHARI, PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA ON THE EXTENSION OF COVID- 19 PANDEMIC LOCKDOWN AT THE STATE HOUSE, ABUJA MONDAY,...
The Secretary to the Government of the Federation (SGF) and Chairman of the Presidential Task Force (PTF) on COVID-19, Mr. Boss Mustapha, has said the Federal Government...
Lagos Chamber of Commerce and Industry has said that it welcomes the full deregulation of the petroleum downstream sector of the economy while urging government to...
U.S. President Donald Trump said on Monday the OPEC+ group of oil producers is looking to cut output by 20 million barrels per day (bpd), a...
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...
Companies and individuals have offered support in various forms as a means of showing their support towards the fight against coronavirus such as cash donation, material...
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. ...
Saudi Arabia and Russia have reached an agreement in principle to cut oil production, The Wall Street Journal has reported. The Organisation of the Petroleum Exporting...