Sell pressures in GUARANTY (-4.6%), STANBIC (-4.3%) and UNILEVER (-6.4%) weighed on market performance dragging the All Share Index (ASI) 88bps…
News
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As insinuations mount that China is heaping Africa with debt, Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), has denied…
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The National Bureau of Statistics (NBS) said the country recorded foreign trade valued at N6.57billion in the second quarter. The bureau disclosed…
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The U.S. trade deficit widened for the second straight month in July and by the most since 2015 on record imports, despite President…
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The Nigerian Content Development and Monitoring Board (NCDMB) has raised $200 million to facilitate local content development in the oil sector. The…
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At the end of today’s trading session, the benchmark index shed 1.5% to close at 34,414.37 points as investors booked profit in DANGCEM (-3.0%), ZENITH…
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AgricultureEconomyNews
CHI Farms, ZOETIS to commission ultra-modern veterinary laboratory in Oyo State
Chi Farms Limited, a subsidiary of TGI Group, in partnership with ZOETIS, a global animal health care company and representative of Bill…
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World oil consumption will reach 100 million barrels per day (bpd) later this year, hitting that level much sooner than previously forecast,…
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The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the…
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The Nigeria Customs Service (NCS) said it recorded its highest ever monthly revenue of N140.4 billion in August 2018. The Customs Public…
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Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) resulted in the execution of vital infrastructure across the country valued…
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Today, buying interest in banking stocks – ZENITH (+2.3%), GUARANTY (+1.5%) and UBA (+1.9%) buoyed the performance of the local bourse as…
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BusinessEconomyNews
Obaseki seals agreements with Chinese companies to develop Seaport, Industrial Park, refinery
After months of intense engagements on the viability of a seaport in Benin City, the Edo State Governor, Mr. Godwin Obaseki, has…
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Federal government has issued a tax demand note of $2 billion in tax arrears from MTN Group Ltd., less than a week…
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Patrick Akin Akinwuntan, Managing Director and Regional Executive of Ecobank Nigeria, has resume at the bank. The vastly experienced banking professional is…