Several major airlines said on Wednesday that they are re-routing flights to avoid airspace over Iraq and Iran after the Federal Aviation…
Business News Report
-
-
The Nigerian Electricity Regulatory Commission (NERC), says the minor review order released by the Commission on Jan. 3 has no immediate impact…
-
BusinessEconomyNews
Global growth pickup to 2.5% in 2020 amid mounting debt, slowing productivity growth—WB
World Bank has in its January 2020 Global Economic Prospects said that global economic growth is forecast to edge up to 2.5…
-
The domestic bourse sustained its rally as gains in DANGCEM (+9.3%), MTNN (+1.8%) and STANBIC (+6.3%) pulled the All-Share Index (ASI) 354bps higher to 28,562.48 points. This is coming…
-
United Bank for Africa Plc (UBA) has appointed Mr. Oliver Alawuba as the Chief Executive Officer (CEO) UBA Africa, overseeing the bank’s…
-
The equities market sustained its bullish trend following price appreciation in DANGCEM (+2.7%), ZENITH (+5.0%) and ACCESS (+3.7%) which pulled the All-Share Index (ASI) up 90bps to…
-
The Edo State Government has commenced the payment of the new N30,000 minimum wage to workers in the state with the adjustment of the government’s…
-
Cross River State Governor, Prof. Ben Ayade has signed the state’s 2020 appropriation bill into law. Ayade lauded the state House of…
-
By Omoh Gabriel The desire of Nigeria to diversify its economy has been in the works for several decades. From Shehu Shagari’s…
-
OPEC oil output fell in December as Nigeria and Iraq adhered more closely to pledged reductions and top exporter Saudi Arabia made…
-
The domestic bourse opened the week positive as buying interest in DANGCEM (+2.8%), GUARANTY (+3.0%) and ZENITH (+3.9%) pulled the All-Share Index (ASI) up 138bps…
-
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Chevron branch has called for the removal of the Chairman and…
-
Nigerians living in areas covered by 11 Electricity Distribution companies are now to pay more for light. The 11 DISCO which tariffs…
-
More than 2,000 participants from 68 countries are expected at the Creative Africa Exchange (CAX) which opens in Kigali on 16 January…
-
A home-grown electric ship conducted a trial operation in central China on the Yangtze River, China’s longest waterway. Junlyu is the first…