The equities market maintained its downtrend today as the benchmark index fell 40bps to 39,364.67 points due to price declines in NIGERIAN BREWERIES (-3.9%), DANGSUGAR (-6.3%) and UBA (-3.6%).…
Business News Report
-
-
The Federal Government has inaugurated boards of the Federal Competition and Consumer Protection Commission (FCCPC) and the Competition and Consumer Protection Tribunal…
-
The Central Bank of Nigeria (CBN) has made good its word, as it has released 50,000 metric tonnes of Maize into the…
-
The Economic and Financial Crimes Commission (EFCC), has advanced its probe against All Progressives Congress stalwart, Bola Tinubu. The anti-graft agency had…
-
The sell-offs in the domestic bourse continued today as the benchmark index fell 44bps to 39,522.06 points due to price declines in MTNN (-2.3%), WAPCO (-7.1%) and INTBREW (-4.5%).…
-
There was a minor fire incident yesterday at the departure hall of the Muritala Muhammed International Airport, Lagos. The fire incident which…
-
Vice President Yemi Osinbajo, SAN has said that the forthcoming deployment of the 5 million solar power connections, targeting 25 million households…
-
BusinessFinanceNews
Afreximbank approves $70m for the upgrade of Beitbridge border post to facilitate trade in Southern Africa
African Export-Import Bank (Afreximbank) has approved $70 million to finance the expansion and upgrade of the Beitbridge border post in Zimbabwe. The…
-
BusinessFinanceNews
ECOWAS Bank for Investment and Development signed € 40m framework agreement with ODDO BHF Aktiengesellschaft
EBID, the regional development bank for the ECOWAS sub-region (Economic Community of West African States), and ODDO BHF AG, the Franco-German financial…
-
Zamfara State has been declared a No-fly-zone by the President as part of measures to combat insecurity in that part of the…
-
FinanceNewsStock Market
Nigeria Stock Exchange lifts suspension on LASACO Assurance Plc, as investors lost N122.4bn
The Nigerian Stock Exchange has lifted the full suspension placed on trading in the LASACO Assurance’s shares following the completion of the…
-
Nestlé Nigeria Plc announced its financial results for the year 2020. The company posted revenue of N 287.1 billion recording 1.1% growth…
-
The Nigerian Investment Promotion Commission (NIPC) says it will host a special session tagged “Showcasing Sub-National Investment Opportunities” at the Nigeria Finance…
-
Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol) in the country, the Nigerian National Petroleum Corporation…
-
MTN Nigeria has declared a ground-breaking full-year revenue in the financial year of 2020, the highest ever recorded by a Nigerian listed…