Today, the domestic equities market closed positive due to buying interest in MTNN (+0.6%), TOTAL (+6.1%) and FBNH (+0.7%) as the benchmark index rose 4bps…
News
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Afrinvest West Africa, Sanlam Infraworks; AIIM, Chapel Hill Denham; and Tripple A have been selected by Nigeria to manage the nation’s recently…
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Director General Bureau of Public Enterprises Mr Alex Okoh has said in a webinar organised by the Nigerian Exchange Group and the…
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Today, the domestic equities market closed flattish as the benchmark index stood at 37,857.24 points while market capitalisation and YTD loss remain unchanged…
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BusinessEconomyNews
Huge trade deficit, fall in foreign direct investments, remittances marks Nigeria Q1
A huge trade deficit, a decline in foreign direct investments as well as in remittances was the hallmark of Nigeria’s current account…
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Buhari has written to the Senate, seeking for the consideration and subsequent approval of the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy…
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BusinessEconomyNews
ASECNA, Thales Alenia Space, NIGCOMSAT partners to develop SBAS services for business sectors in Africa
The Agency for Air Navigation Safety in Africa and Madagascar (ASECNA), Nigerian Communications Satellite Ltd. (NIGCOMSAT) and Thales Alenia Space, the joint…
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Shell Petroleum Development Company of Nigeria (SPDC) on Tuesday confirmed an oil leak at its facility in Ekeremor Local Government Area of…
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The Lagos State Government said it has invested N103 billon into the provision of infrastructure to provide downstream contracts for Micro, Small…
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Pension Fund Operators Association of Nigeria (PenOp) and the Joint Committee for Establishment and Public Service of the Senate and House of…
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EconomyFinanceNews
IMF board gets proposal for a general allocation of SDRs equivalent to $650bn for governors approval
IMF Managing Director Kristalina Georgieva has submitted her proposal for a general allocation of Special Drawing Rights (SDRs) equivalent to $650 billion…
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The rocket plane carrying Virgin Galactic founder Richard Branson and other crew members takes off from Spaceport America near Truth or Consequences,…
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FinanceNewsStock Market
Stock market extends Bearish run as MTNN, Zenith, BUACEMENT dragged All-Share lower
The local bourse resumed trading for the week on a bearish note, as sell pressure on MTNN (-0.6%), ZENITH (-2.2%), and BUACEMENT (-0.7%) dragged the All-Share…
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African Export-Import Bank (Afreximbank) has announced its support for the first ever memorandum of understanding (MoU) on trade collaboration between the Governments…