Investors maintained a bullish attitude in today’s trading session as buying interest in DANGCEM (+2.8%), MTNN (+1.2%) and GUARANTY (+3.7%) drove an 83bps increase in the benchmark…
Business News Report
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Central Bank of Nigeria has said that its foreign reserves have grown by $200 million after a London court ordered the release…
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BusinessEconomyFinance
Afreximbank provides $100 million overdraft facility for African states to facilitate online procurement of COVID-19 supplies
African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, announces $100 million financing to enable its Member States to procure COVID-19 related…
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BusinessEconomyFinanceNews
VP urges leaders of destination countries to insist on repatriation of illicit funds & their proceeds
Leading the call for an effective global action against Illicit Financial Flows (IFF) and related vices, which is negatively impacting progress in…
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BusinessEconomyNews
Emirates transports over 160,000 kilograms of medial supplies and food in massive Beirut relief efforts
Over 12,000 donations have poured in from over 140 countries enabling Emirates airline to uplift more humanitarian cargo into Lebanon. More than…
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The equities market maintained the positive trend as buying interest in ZENITH (+1.2%), DANGSUGAR (+1.6%) and ETI (+2.4%) lifted the benchmark index by 39bps to 26,611.96…
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BusinessEconomyNews
Offa Metropolitan Club donates N150m ultra modern accident, emergency ward to Offa General Hospital
In its bid to boost the delivery of high quality health services to Offa community and environs in Kwara State, Offa Metropolitan…
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BusinessIndustryNews
Farouk Salim take over at SON, promises innovation to stimulate nation set sufficiency
A new dawn has commenced at the Standards Organisation of Nigeria (SON) as a new Director General/Chief Executive, Mallam Farouk Salim takes…
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AgricultureEconomyFinance
African Risk Capacity partners Insuretech Pula to deliver Best Agric index insurance products to protect African farmers
The African Risk Capacity Limited (ARC Ltd), the commercial subsidiary of African Risk Capacity Group (ARC Group), has announced a partnership agreement…
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BusinessEconomyNews
PZ Cussons Shareholders Approved Sale of portion of its landed property at Ikorodu premises to WAMCO PLC
PZ Cussons Nigeria shareholders have approved the resolutions to authorise their Board of Directors enter into and execute on behalf of the…
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The equities market opened bullish due to price appreciation in MTNN (+2.0%), WAPCO (+6.3%) and FBNH (+3.9%). Consequently, the All-Share Index advanced 72bps to 26,507.84 points. Market capitalisation rose ₦98.5bn to…
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Nigeria’s long-awaited oil reform bill would privatise the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made late last year…
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A don, Prof. Wumi Iledare, on Monday, said that there was no need for organised labour to embark on strike over the…
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BusinessFinanceNews
Unity Bank risk N4bn in judgement summons proceedings, two staff may go to jail on Monday
Unity Bank PLC. is at the risk of losing N4billion to Zamfara State Compulsory Free Basic Universal Education board. The bank which…
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EconomyFinanceNews
Afreximbank recognised for its role in promoting intra-African trade by the Africa-America Institute (AAI)
The African Export-Import Bank (Afreximbank) has been awarded the 2020 Africa-America Institute (AAI) ‘International Institution of Excellence Award’, during the Institute’s 36th…