Investors began the trading week booking profit in STANBIC (-7.6%), GUARANTY (-0.1%) and GUINNESS (-2.4%). Hence, the All Share Index (ASI) fell 17bps…
Business News Report
-
-
In its bid to further ease the process of registering Micro, Small and Medium Enterprises (MSMEs) in the country, Vice President Yemi…
-
President Muhammadu Buhari says his administration is making progress in the fight against corruption as shady oil deals and the brazen theft…
-
The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N18.12 billion for May 2018, a performance which is relatively…
-
(Reuters/NAN) Brent crude oil prices hit their highest level since November 2014 on Monday ahead of U.S. sanctions against Iran that kick…
-
International Monetary Fund has said in its 2018 financial service survey that mobile money is growing rapidly globally across all regions. According…
-
A new, first-of-its-kind $1 billion World Bank Group program aims to help fast-track investments in battery storage, so it can be deployed…
-
Despite profit taking on 3 of 5 trading days this week, the local bourse closed positive as buying interest in fundamentally sound…
-
Australian banks were accused of putting profits before people and of failing to meet “basic standards of honesty” on Friday, as an…
-
Access Bank, has partnered with global technology giant, Microsoft to improve security and banking experience for customers in Nigeria and Africa, as…
-
Oil and GasNews
Nigerian oil exports to hit six-month high in November as Saudi Arabia increases supply to US
Nigeria’s oil exports will reach their highest in six months in November, led in part by an increase in supply of the country’s…
-
The bearish performance in the local bourse was extended to the second consecutive trading session as profit taking in NESTLE (-4.2%), GUARANTY…
-
Oil prices rose by nearly 1 per cent, driven by the prospect of a shortfall in global supply once U.S. sanctions against…
-
Federal, states and local governments on Wednesday shared N741.84 billion as revenue generated in August, N27.04 billion more than the N714.84 billion…
-
In a renewed battle against corruption, the Central Bank of Kenya (CBK) has issued a stern warning that it would sanction any…