The COVID-19 pandemic is a crisis like no other. It feels like a war, and in many ways it is. People are dying. Medical professionals are...
At the close of trade, the All-Share Index shed 94bps to 21,100.54 points following sell-offs in DANGCEM (-9.9%), ZENITH (-2.6%) and FLOURMILL (-9.9%). Consequently, YTD return settled at -21.4% while market capitalisation decreased...
Coca-cola, Pepsico, Nestle and Unilever have been names as the world’s largest consumer brands contributing to planet-heating emissions by using throwaway plastic to package everything from...
In the face of the coronavirus pandemic and the resulting lockdown, Prudential Zenith Life Insurance is rolling out a range of services to help customers cope...
The Board of Directors of the Export-Import Bank of the United States (EXIM) yesterday unanimously approved approximately $91.5 million in loan guarantee financing that supports U.S....
At the close of trade, price declines in ZENITH (-2.1%), GUARANTY (-1.1%) and ACCESS (-1.7%) dragged the All-Share Index down 14bps to 21,300.47. Consequently, YTD return settled at -20.6% while market capitalisation decreased ₦15.8bn...
Today we face economic upheaval potentially more severe than we witnessed during the global financial crisis. The coronavirus pandemic is a different kind of shock. Never...
The Central Bank of Nigeria (CBN), has put on hold clearing in the Nigerian financial system. CBN said that all deposit money banks in the country...
UK shoppers spent an extra £1.9bn stockpiling groceries in the run-up to the coronavirus lockdown, according to figures for the industry. The data from Nielsen follows...
Oil futures fell further on Monday, settling above the key $20 mark, but concerns over a drop in energy demand pushed prices to their lowest finish...
As part of proactive efforts to ease banking worries during the ongoing Coronavirus outbreak in Nigeria, foremost financial institution, Union Bank, has introduced a 24-hour toll-free...
Collapsing oil prices are costing some OPEC members not only lost revenue when they most need it to tackle the coronavirus crisis, but also market share...
Central Bank of Nigeria CBN has assured Nigerians that there will be uninterrupted banking services during the lockdown in Lagos, Abuja and Ogun state. The apex...
Today, the domestic equities market declined 243bps to 21,330.79 points following sell-offs in MTNN (-10.0%), ZENITH (-5.2%) and GUARANTY (-3.0%). Consequently, YTD return fell to -20.5% while market capitalisation decreased ₦276.7bn to ₦11.1tn. Activity level...
The National Agency for Food and Drug Administration and Control, NAFDAC, has approved the manufacturing of Chloroquine for emergency stock for possible clinical trial treatment for...