Business News Report

[ad#bid1] The United Bank for Africa (UBA) has disclosed that it sold N100 billion non-performing loans to the Assets Management Corporation of…

[ad#bid1] Chairman of Nigerian Insurers Association (NIA) Mr Ladipo Ajayi has that the proposed Nigerian Insurance Industry Database (NIID) would help to…

[ad#bid1] Weekly transactions on the Nigerian Stock Exchange closed on a positive note on Friday with the market indices appreciating by 0.47…

[ad#bid1] Prof Bart Nnaji, the Minister of Power has promised that power supply in Nigeria would reach above 9,000mw by December if…

[ad#bid1] International money-laundering watchdog The Financial Action Task Force has added Pakistan, Indonesia, Ghana, Tanzania and Thailand to its blacklist of nations…

[ad#bid1] The Economic Community of West African States ECOWAS has elected Ivory Coast President Alassane Ouattara as its new chairman, just over…

[ad#bid1] Inter-bank lending rates in Nigeria rose to an average of 15.25 per cent from last week’s 14.91 per cent as the…

[ad#bid1] Market Cap (N’bn) 6,432.66 Market Cap (US$’bn) 40.73 NSE All-Share Index 20,411.17 Daily Performance % 0.48 1 Week Performance % (1.03)…

Investors in shares at the Nigerian Stock Exchange (NSE) lost N106 billion on Wednesday due to huge price losses recorded by some…

The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that it realized the sum of N102.6 million from the sales of assets and…

The Central Bank of Nigeria Governor, Malam Sanusi Lamido Sanusi, has said that women will occupy 40 per cent of the top…

Market Cap (N’bn) 6,406.96 Market Cap (US$’bn) 40.45 NSE All-Share Index 20,329.62 Daily Performance % (1.63) 1 Week Performance % (1.76) YTD…

The Economic Community of West African States (ECOWAS) says the introduction of a common currency in the sub-region will boost trade among…

Eight U.S. companies have signify their intention to invest in Nigeria’s power sector. The companies are Anadarko Petroleum, Caterpillar, Chevron, Energy International,…