On 31st December 2019, COVID 19 the novel corona virus detected in Wuhan, China was reported to the World Health Organization (WHO)…
News
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The local bourse sustained gains as the All-Share Index rose 27bps to close at 25,383.43 points following price appreciation in DANGCEM (+1.4%), GUARANTY (+2.2%) and MTNN (+0.4%). Consequently, investors gained ₦47.9bn as…
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South Africa’s largest insurer Sanlam said it bought out the remaining 65 per cent stake in Nigerian insurance business FBN Insurance it…
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EconomyFinanceNews
Giving money directly to people, maintaining private sector will limit the harm of COVID-19—World Bank
World Bank Group has said that securing core public services, getting money directly to people and maintaining the private sector will limit…
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UACN Property Development Company Plc has listed N16 billion rights issue of 15.96 billion ordinary shares at N1 per share on the…
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The Senate has approved President Muhammadu Buhari’s request for $5.51 billion in external borrowing from international capital market. The borrowing is part…
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President Muhammadu Buhari says Nigeria will stand solidly behind Dr Akinwumi Adesina in his bid to get re-elected as President of the…
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Lagos State House of Assembly has passed a resolution to reduce the size of the state’s 2020 budget from N1.68 trillion to…
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The Petroleum Products Pricing Regulatory Agency (PPPRA) has slightly reduced the pump price of Premium Motor Spirit (PMS), also known as petrol…
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9mobile said it has appointed Alan Sinfield as the substantive Chief Executive Officer of the company. He brings a wealth of global…
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EconomyFinanceNews
Zenith named best bank in Nigeria in global finance World’s best banks award 2020
Zenith Bank Plc, Nigeria’s leading financial institution, has emerged as the Best Bank in Nigeria in the recently released Global Finance Magazine…
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Department of Petroleum Resources DPR, has launched its first licensing round for marginal oilfields in nearly 20 years. DPR), despite court rulings…
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Lagos State Government would soon embark on the ‘Register-to-Open Initiative’ toward gradual reopening of the economy in the state. Director General, Lagos…
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Gov. AbdulRahman AbdulRazaq of Kwara has directed the slashing of the Right of Way (RoW) fee for telecommunications firms. Gov. AbdulRahman AbdulRazaq…
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Last week the Nigerian financial markets maintain some level of stability. While the stock market sustained a positive outlook, the Naira exchange…