About 21 states in Nigeria attracted zero investments in the last 4 months according to data from the Central Bank of Nigeria.…
Business News Report
-
-
Gains in bellwethers – ZENITH (+3.7%), GUARANTY (+1.3%) and NIGERIAN BREWERIES (+3.2%) – lifted the All-Share index 31bps higher to settle at 24,841.94 points. Thus,…
-
BusinessEconomyNews
Jamoh advocates safer road transportation, commiserates with families of container accident victims
President of the Chartered Institute of Transport Administration of Nigeria (CIoTA), Dr. Bashir Jamoh, has restated the institute’s commitment to safety of…
-
BusinessEconomyTech
Motorola launches new device designed for small, medium businesses in Sub Saharan Africa
Motorola Solutions said it has launched a new two-way radio device specially designed for small and medium businesses in Sub Saharan Africa.…
-
COVID-19’s negative repercussions on Africa’s economies have highlighted the importance of achieving energy security to be capable of enduring pandemics and realising…
-
FBN Holdings Plc said it has sold its life insurance company and invested the proceeds of N25 billion as equity into First…
-
FinanceNewsStock Market
Buying interest lifts stock market benchmark index as investors gain N37.8bn
The domestic equities market opened the week on a positive note as buying interest in BUACEMENT (+2.0%), GUARANTY (+1.6%) and FLOURMILL (+10.0%) buoyed the All-Share index 29bps to…
-
China’s manufacturing activity expanded in July at the fastest pace in almost a decade, according to a private survey released on Monday.…
-
BusinessEconomyNews
Expunge 2% of annual revenue contribution from courier, logistic regulation—-LCCI
Lagos Chamber of Commerce and Industry has asked the federal government to expunge the regulation in the courier service that demand the…
-
Minister of Transportation, Rotimi Amaechi says Nigerian government has the capability to pay back loans collected for the construction of rail projects…
-
The Edo Modular and Refinery Company Limited and AIPCC Energy are on the verge of completing the 5500bpd Edo Modular Refinery. The…
-
President Buhari has said that past and present public officers have abused their trust. Buhari said this while reacting for the first…
-
EconomyFinanceNews
Zenith Bank excites customers with massive giveaways in Zenith Beta Life weekly promo
Zenith Bank Plc, has commenced its “Zenith Beta Life” Promo to reward customers of the Bank with gifts every week starting from…
-
National Information Technology Development Agency (NITDA), said Information and Technology (ICT) contribution to Gross Domestic Product (GDP), was 14 per cent in…
-
German multinational conglomerate company, Siemens, has concluded plans to train electricity Distribution Companies and other electricity stakeholders in the country. Siemens in…