The Nigerian naira strengthened against the U.S dollar on the inter-bank market NNPC sold about $150 million to some banks, boosting dollar liquidity in the market....
Market Cap (N’bn) 6,552.33 Market Cap (US$’bn) 40.66 NSE All-Share Index 20,790.87 Daily Performance % (0.41) 1 Week Performance % 0.80 YTD Performance % 0.29 Daily...
Banks’ lending to private sector which has been dawdling since the Central Bank of Nigeria (CBN) commenced its reform of the banking sector is expected to...
Indian Oil Corp (IOC) has issued a tender to buy crude oil, traders said. India’s largest refiner is seeking to buy light sweet crude to be...
Nigerian naira was broadly flat on the interbank market on Wednesday, supported by sales of around $38 million by two energy companies to banks.The Nigerian currency...
Market Cap (N’bn) 6,579.11 Market Cap (US$’bn) 40.84 NSE All-Share Index 20,875.83 Daily Performance % 0.70 1 Week Performance % 1.35 YTD Performance % 0.70 Daily...
Global food prices are set to decline further in 2012 as a weaker world economy dampens consumer demand while food supplies rise, the World Bank said...
India’s Reliance Industries, owner of the world’s biggest refining complex, imported 2.5 per cent more crude in 2011 from a year ago while smaller Indian private...
The Monetary Policy Committee (MPC) met on January 30 and 31, 2012 with all 12 members in attendance to review the domestic economy in 2011 and...
Shell’s Nigerian venture has lifted a force majeure on exports of Bonny crude after repairing a damaged pipeline, the company said on Tuesday. Shell Petroleum Development...
Market Cap (N’bn) 6,533.69 Market Cap (US$’bn) 40.49 NSE All-Share Index 20,731.72 Daily Performance % (0.77) 1 Week Performance % 0.23 YTD Performance % 0.01 Daily...
The Nigerian Stock Exchange, NSE, has reviewed its guidelines for firms seeking to apply for dealing member license, baring companies whose directors are debtors, been indicted...
The Central Bank of Nigeria (CBN) sold $1.919 billion through the Wholesale Dutch Auction System (WDAS) session in January, while the naira depreciated by 35 kobo...
African leaders urged countries to boost intra-regional trade to help accelerate economic growth and development on the continent. “African countries do not trade enough among themselves,”...
African countries can prepare for the impact of the euro-zone crisis that threatens to derail economic growth on the continent by improving trade between their countries...