National Economic Council has said that the balance of $71 million in the excess crude account is as a result of federal…
News
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Airtel Nigeria, yesterday cried out that road constructions in Lagos and other parts of the country are negatively impacting on its network…
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International Monetary Fund has proposed Antoinette Sayeh, a Liberian national as Deputy Managing Director. This will make the two top management position of…
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Federal Inland Revenue Service (FIRS) has given a timeline of April 12, 2020 for all taxpayers and organisations to obtain Tax Identification…
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The equities market continued its loss-making trend as the All-Share Index dipped 62bps to 26,808.24 points following price declines in STANBIC , GUARANTY and FBNH. Also,…
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EconomyNews
U.S. economy grew a mild 2.1% in 4th quarter, but coronavirus threatens to reduce GDP even further
The economy expanded at a 2.1% pace at the end of 2019, but the U.S. might struggle to achieve even that modest…
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Italy’s Eni and Spain’s Naturgy have reached an agreement with Egypt to resolve a series of disputes over the Damietta gas liquefaction…
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Most bourses in the Gulf fell further on Thursday as a rise in new coronavirus cases outside of China heightened fears of…
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Bank of Industry has now approved a $20M technology fund for young innovators, Central Bank is offering a N90B soft loan facility…
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Sell-offs in MTNN (-3.5%), ETI (-3.9%) and STERLNBA (-6.0%) dragged the All-Share Index 22bps down to 26,974.38 points. This resulted to a slowdown in YTD return to…
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Ghana expects Norway’s Aker Energy to make a final investment decision in the near future regarding it’s planned Pecan oilfield development, Ghana’s…
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The South African rand gained on Wednesday after Finance Minister Tito Mboweni said in a budget speech that the government would cut…
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The All-Share Index lost 3bps to 27,033.10 points following sell pressures in NIGERIA BREWERIES (-2.1%), GUARANTY (-0.4%) and ZENITH (-0.3%). Accordingly, market capitalisation fell ₦4.1bn to ₦14.1tn…
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To further improve the country’s business climate, there will now be a direct connection between the anti-corruption agenda of the Buhari administration…
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The International Energy Agency’s (IEA) outlook on global oil demand growth has fallen to its lowest level in a decade, IEA Executive…