CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc, has emerged as the new stockbroker to the Federal Government of Nigeria. The…
Business News Report
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Oil and GasNews
Nigerian Businessman Aliyu Abubakar to stand trial in Eni, Shell oil graft case in Italy
An Italian Judge has ordered Alhaji Aliyu Abubakar, a Nigerian businessman involved in the controversial Eni and Shell OPL-245 offshore oilfield deal,…
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The Federal Government has embarked on measures to ensure a smooth enforcement of the newly enacted anti piracy law as part of…
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Today, the domestic equities market recorded the first gain of the week as the All-Share Index rose 17bps to 27,568.91 points due to buying interest in BUACEMENT (+3.0%), UBN (+1.4%)…
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The Nigerian Export-Import Bank (NEXIM) says it has concluded plans to promote crops that have potential export value in Katsina State thereby…
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The Nigerian Communications Commission (NCC) and the Nigerian Postal Service (NIPOST) have agreed to sign a Memorandum of Understanding (MOU) on an…
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U.S. Secretary of State Mike Pompeo took a veiled swipe at China during a speech to Ethiopian business leaders, in an apparent…
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Kenya’s biggest telecoms operator Safaricom will consider awarding a contract to China’s Huawei as it rolls out its fifth generation (5G) network…
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The Federal, States and Local Governments on Wednesday shared a total of N647.35 billion for the month of January as the Federation…
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BusinessEconomyNews
9mobile, Google, Kirusa host workshop in Nigeria to promote RCS business messaging
9mobile in association with Google, and Kirusa, a global leader in communication solutions over data networks for consumers and enterprises, recently hosted…
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The bearish sentiment was sustained at the close of trade as the All-Share Index fell 9bps to 27,523.08 points following sell-offs in GUARANTY (-1.6%), CUSTODIAN (-9.9%) and DANGSUGAR (-2.0%).…
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The International Monetary Fund (IMF) has cut its growth forecast for Nigeria this year to 2 per cent from 2.5 per cent,…
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COVID-19, the disease caused by the new coronavirus that was first identified late last year in Wuhan, China, is becoming a dominant…
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Price depreciation in Banking stocks – FBNH (-2.5%), UBA (-1.9%) and GUARANTY (-0.5%) – pulled the All-Share Index down 8bps to 27,547.56 points. Consequently, YTD return fell to 2.6% while…
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MaritimeNews
Nigeria to begin online ship registration as NIMASA unveils High-Tech registration certificate
In a bid to have a world-class Ship Registry and enhance the Ease of Doing Business in the maritime sector, the Nigerian…