As part of its efforts to fight COVID-19 in Nigeria, the private sector Coalition Against COVID-19 (CACOVID), has joined forces with traditional…
Business News Report
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FinanceNewsStock Market
Investors in Nigerian Stock gained ₦12.8bn as market capitalisation settled at ₦13.3tn
Momentum remains strong in the equities market as the All-Share Index advanced 10bps to close at 25,407.96 points, driven by gains in MTNN (+1.3%), ETI (+7.8%) and…
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BusinessEconomyFinanceNews
Afreximbank partners International Trade Centre to assist African businesses to grow
Afreximbank is teaming up with ITC to train small-business owners and young entrepreneurs in Africa to trade with other African countries as…
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World Economic Summit Forum has said that starting from 2021 it will be holding a twin meeting in what it described as…
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Director Department of Petroleum Resources DPR, Sarki Auwalu said that DPR expects to have all completed bids for marginal oil wells within…
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On 31st December 2019, COVID 19 the novel corona virus detected in Wuhan, China was reported to the World Health Organization (WHO)…
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The local bourse sustained gains as the All-Share Index rose 27bps to close at 25,383.43 points following price appreciation in DANGCEM (+1.4%), GUARANTY (+2.2%) and MTNN (+0.4%). Consequently, investors gained ₦47.9bn as…
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South Africa’s largest insurer Sanlam said it bought out the remaining 65 per cent stake in Nigerian insurance business FBN Insurance it…
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EconomyFinanceNews
Giving money directly to people, maintaining private sector will limit the harm of COVID-19—World Bank
World Bank Group has said that securing core public services, getting money directly to people and maintaining the private sector will limit…
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UACN Property Development Company Plc has listed N16 billion rights issue of 15.96 billion ordinary shares at N1 per share on the…
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The Senate has approved President Muhammadu Buhari’s request for $5.51 billion in external borrowing from international capital market. The borrowing is part…
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President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the…
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Lagos State House of Assembly has passed a resolution to reduce the size of the state’s 2020 budget from N1.68 trillion to…
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The Petroleum Products Pricing Regulatory Agency (PPPRA) has slightly reduced the pump price of Premium Motor Spirit (PMS), also known as petrol…
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BusinessFinanceStock Market
Stock market investors gained ₦25.2bn as market capitalisation settled at ₦13.2tn
The stock market resumed the week positive as the All-Share Index rose 21bps to close at 25,316.15 points following buying interest in GUARANTY (+2.3%), DANGSUGAR (+9.7%) and BUACEMENT (+0.7%). As a result, investors…