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%).…
Business News Report
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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…
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The general rise in prices of goods and services in Nigeria’s market place, inflation rate, has increased from 11.98 per cent in December…
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Managing Director, Ecobank Nigeria, Patrick Akinwuntan says the Ecobank Agribusiness Summit was an initiative to create a common platform that brings together…
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Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG); and Nigerian Agip Oil Company…
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The Federal Government is set to empower 35 creative firms with N7 billion in order to enhance the growth of the industry.…
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EXXONMOBIL board of directors has elected Stephen Littleton as vice president of investor relations and corporate secretary, effective March 15. Neil Hansen,…
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The domestic equities market opened the week on a bearish note as sell-offs in BUACEMENT (-2.2%), GUARANTY (-3.0%) and ETI (-8.6%) drove the All-Share Index down 67bps to…
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The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has restated the need for States in the country and the Federal…
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Director and Chief Executive Officer, Department of Petroleum Resources DPR Mr Sarki Auwalu, has said that the oil mining licence of Pan…
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Federal Government has said it plans to appoint advisers for a $3.3 billion Eurobond issue through an open competitive bid process and…
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Kanayo Awani, Managing Director, Afreximbank’s Intra-African Trade Initiative, delivering her opening remarks in Kigali. The second Intra-African Trade Fair (IATF2020) will provide…