The Central Bank of Nigeria (CBN) on Friday, January 4, 2019, made its first intervention in the inter-bank sector of the Foreign Exchange market for 2019...
In today’s trading session, the equities market extended its losses as sell-offs in GUARANTY (-4.5%), STANBIC (-4.1%) and ZENITH (-1.5%) dragged the All Share Index (ASI)...
India emerged Nigeria’s biggest trading partner in the third quarter of 2018, with N719.2billion of crude oil purchases and N37.7billion of natural gas import from Nigeria....
Cement Company of Northern Nigeria (CCNN) led 24 other stocks to emerge the best performing stock in percentage terms on the Nigerian Stock Exchange (NSE) in...
The U.S. Embassy in Abuja and the Consulate General in Lagos will remain open during the U.S. government shutdown the US embassy in Abuja has said....
The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is...
Today, the first day of trading in 2019, the equities market posted a weak performance as sell-offs in DANGCEM (-1.9%), NIGERIAN BREWERIES (-8.42%) and ACCESS (-4.4%)...
Manufacturers Association of Nigeria MAN has thrown its weight behind the federal government refusal to sign the Africa Free Trade Agreement saying that “government should ensure...
Kano-based Amarava Rice Mill says it is targeting to record 500 tonnes of daily production by June, just as it hit 250 tonnes to boost local...
Nigeria’s daily crude oil production has recovered and 2.09million barrels in 2018, translating to a 9 per cent rise in production. This when compared with the...
Lagos Chamber of Commerce and Industry LCCI, the body of businessmen in Nigeria’s commercial nerve centre Lagos has recommended key policy reforms for 2019 in order...
With the resumption of business after the Christmas and Boxing Day festivities, the Central Bank of Nigeria (CBN) on Thursday, December 27, 2018, intervened in the...
The African Export-Import Bank (Afreximbank) has signed an agreement with the African Guarantee Fund (AGF) for a $30 million re-guarantee facility to support African small and...
President Donald Trump is considering an executive order to bar U.S. companies from using telecommunications equipment made by China’s Huawei and ZTE, Reuters reports. It would...
Nigeria needs not less than 337 billion dollars to implement the Sustainable Development Goals (SDGs) from 2019 to 2022, the UN Support Plan for the Sahel...