The All-Share Index lost 3bps to 27,033.10 points following sell pressures in NIGERIA BREWERIES (-2.1%), GUARANTY (-0.4%) and ZENITH (-0.3%). Accordingly, market capitalisation fell ₦4.1bn to ₦14.1tn while YTD return remained...
To further improve the country’s business climate, there will now be a direct connection between the anti-corruption agenda of the Buhari administration and the reform efforts...
The International Energy Agency’s (IEA) outlook on global oil demand growth has fallen to its lowest level in a decade, IEA Executive Director Fatih Birol said...
Nigeria’s economic growth rose to an annual rate of 2.55% in the three months to the end of December, its highest quarterly growth since a 2016...
Losses in banking stocks – GUARANTY (-3.8%), ZENITH (-3.8%) and ACCESS (-6.4%) – dragged the All-Share Index down 127bps to 27,041.03 points. Consequently, YTD return plunged to 0.7% while market capitalisation...
Africa Finance Corporation (AFC) is investing $63 million to build and operate a 60 megawatt (MW) wind farm in Djibouti, the Lagos-based development financier said on...
By omoh Gabriel Indication emerged weekend that some Nigeria banks managing directors are in active connivance with money launderers, political expose persons and unscrupulous businessmen who...
The National Assembly and the Federal Ministry of Environment are putting the finishing touches to a bill meant to prohibit the production of plastics, which pollute...
As part of commitment to deepening Ease of Doing Business reforms, the Edo State Government will inaugurate a Small Claims Court, which would make settlement of...
The Nigeria Deposit Insurance Corporation (NDIC), says it has liquidated 427 financial institutions as at December 2019. Mr John Abiodun, the Assistant Director, Insurance and Surveillance...
The downtrend in the Nigerian Stock market persisted during the outgoing week, as sustained sell-offs in LAWUNION (-36.5%), MANSARD (-10.0%) and FORTE (-10.0%) weighed on overall...
Central Bank of Nigeria (CBN) has said that it recovered on behalf of customers over N60 billion excessive charges imposed on them by banks. This is...
In a clear show of its resilience and market leadership, Zenith Bank has announced an impressive result for the year ended December 31, 2019, with profit...
World Bank Group said in a report that the off-grid solar sector has grown rapidly over the past decade and is now a $1.75 billion annual...
HITCH, Nigeriaan educational video platform that provides underserved African schools with curated, high quality educational content is one of the first cohort of 12 EdTech Fellows,...