The local bourse sustained yesterday’s loss as the All-Share Index declined 59bps to 29,378.63 points due to price depreciation in GUARANTY (-3.4%), STANBIC (-2.4%) and ZENITH (-1.4%). Consequently,...
Ruth Eshio Central Bank of Nigeria’s monetary policy committee has said that banks created N2 trillion new loans in the last six months. The apex bank...
Boris Johnson has given Huawei the green light to work on the UK’s 5G infrastructure, despite sustained pressure from the US to ban the company. The...
Union Bank of Nigeria Plc has entered a share sale and purchase agreement to divest its 100% equity stake in Union Bank UK Plc. (UBUK). The...
The equities market resumed trading in the red as losses in ZENITH (-2.3%), FBNH (-4.1%) and UNILEVER (-10.0%) drove the All-Share Index 0.3% lower to 29,552.99 points....
Gold prices has headed to a more than six-year high, as fears of the economic impact of a fast-moving viral outbreak hurt appetite for stocks and...
Caspian Airline after it skidded off runway A Caspian Airlines plane skid off the runway onto a highway on landing at an airport in southwestern Iran...
Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to support local Small and Medium Scale Enterprises (SMEs) with the introduction of the ‘Zenith...
The UK’s Department for Digital Culture, Media and Sport has launched a scheme to develop next generation of African start-ups. According to a release from the...
Nigeria Customs Service (NCS), Federal Operations Unit, Zone B, has seized three trucks carrying cartons of sweets, green tea and cosmetics smuggled into the country. The...
The Registrar and Chief Executive Officer, Chartered Institute of Bankers of Nigeria (CIBN), ‘Seye Awojobi has commended Ecobank Nigeria’s various initiatives targeted at building the capacity...
The Edo State Governor, Mr. Godwin Obaseki has called for adoption of smart Information and Communication Technology (ICT) tools and solutions as an alternative to oil...
Nigerian Stock Exchange said that Foreign investors traded a total of N942.55 billion worth of shares last year, with more than half of the transactions to...
By Ruth Eshio Central Bank of Nigeria Monetary policy committee has held its benchmark interest rate at 13.5 per cent, its governor Godwin Emefiele said on...
The former Attorney-General of the Federation, Mohammed Adoke, and six other co-defendants charged with 42 counts in connection with the controversial 1.09 billion dollars settlement agreement...