Last week, the domestic equities market performed negatively as investors took profit in DANGCEM (-10.7%), WAPCO (-10.7%) and ZENITH (-3.6%). Consequently, the NSE All-Share Index closed in the...
The African Export-Import Bank (Afreximbank) considers factoring as a viable alternative financing instrument for supporting Small and Medium-sized Enterprises (SMEs) at a time when traditional commercial...
International Monetary Fund has asked the Central Bank of Nigeria to reconsider its deposit to loan ratio to avoid a banking crisis. In its article IV...
Federal Airports Authority of Nigeria, FAAN, Managing Director, Captain Rabiu Yadudu has said that the new terminal at the Murtala Muhammed International Airport,MMA , Lagos, currently...
Malcolm Brinded, an ex- Upstream Chief of Shell Petroleum, has told international prosecutors that the sum of $1.3 billion paid by Shell and Eni in 2011...
Oil futures headed sharply higher Thursday, with the global Brent crude benchmark above $50 for the first time in nine months, on progress toward a COVID-19...
In the penultimate trading session for the week, the local equities market declined, extending yesterday’s loss as ZENITH (-6.2%), WAPCO (-10.0%) and FBNH (-10.0%) closed in the...
By Chido Nwakanma Eight months later, the arteries of the economy are pumping once again. Airports have reopened, bringing in 5,000 to 7,000 passengers daily. Schools...
Amid the ravaging effect of the COVID-19 pandemic on the Nigerian economy, the Federal Capital Territory Administration FCTA said it received no fewer than 8, 744...
Aside the benefit of improved efficiency in the operations of the nation’s seaports, an effective implementation of innovative ideas in the port sector will rapidly change the...