The local bourse sustained its downtrend as the All-Share Index dropped 1.2% to 25,816.57 points due to the losses in NESTLE (-10.0%), GUARANTY (-4.6%) and WAPCO (-10.0%). Consequently, the YTD...
Dr. Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr. Okwu Joseph Nnanna, who exited from...
Major stakeholders in the international shipping community have said they are confident of the measures and satisfied with the effectiveness of Nigeria’s efforts to contain piracy...
OPEC oil output dropped in February to the lowest in over a decade as Libyan supply collapsed due to a blockade of ports and oilfields and...
Emerging market stocks rose on Monday after their worst week in 8-1/2 years, and an index of developing world currencies rebounded from near five-month lows on...
By Omoh Gabriel Lagos Chambers of Commerce and Industry, LCCI has said that the key sectors that has the capacity to fast track Nigeria’s economic diversification...
Royal Dutch Shell’s Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalised,...
The President of the African Development Bank, Dr. Akinwumi Adesina has said that the bank is set to create 9 million direct and indirect jobs in...
Federal Competition and Consumer Protection Commission has warned against arbitrary increase in the price of basic and protective products use used for preventing spread of Coronavirus....
The incidence of “Coronavirus” continued to accelerate this week, reaching a total of 50 countries. This has caused panic across markets and the global economy. We...
