S&P Global Ratings agency in its recent report has downgraded Nigeria from stable outlook to negative. The rating agency said this in…
Business News Report
-
-
Coronation Merchant Bank has attracted $40million trade finance facility from International Finance Corporation, the private sector arm of the World Bank Group. The…
-
The Nigerian Stock Exchange has said it has won approval from members to become a listed company and has appointed a board…
-
South Africa economy entered its second recession in two years in the final quarter of last year as agriculture, transport and construction…
-
The IMF and World Bank have said they “stand ready to help” countries deal with the financial and health effects of the…
-
The local bourse sustained its downtrend as the All-Share Index dropped 1.2% to 25,816.57 points due to the losses in NESTLE (-10.0%), GUARANTY (-4.6%) and…
-
Dr. Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr. Okwu Joseph…
-
Major stakeholders in the international shipping community have said they are confident of the measures and satisfied with the effectiveness of Nigeria’s…
-
OPEC oil output dropped in February to the lowest in over a decade as Libyan supply collapsed due to a blockade of…
-
Emerging market stocks rose on Monday after their worst week in 8-1/2 years, and an index of developing world currencies rebounded from…
-
By Omoh Gabriel Lagos Chambers of Commerce and Industry, LCCI has said that the key sectors that has the capacity to fast…
-
Royal Dutch Shell’s Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates…
-
The President of the African Development Bank, Dr. Akinwumi Adesina has said that the bank is set to create 9 million direct…
-
Federal Competition and Consumer Protection Commission has warned against arbitrary increase in the price of basic and protective products use used for…
-
The incidence of “Coronavirus” continued to accelerate this week, reaching a total of 50 countries. This has caused panic across markets and…