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The general slowdown in equity markets was largely driven by a series of macroeconomic factors including an equity capital market (ECM) deceleration in global markets. DAVID AGBA reports with agencies. …
African capital market activity declines further in 2019 Read MoreIn response to the unrelenting spread of Coronavirus, the Federal Reserve of the United States of America cut interest rate by 50 basis points (bps) to 1.0 to 1.25 per …
Capital market: U.S cuts rate to cushion ‘Corona’ impact, NSE bullish again Read MoreThe Nigerian Communications Commission (NCC), has urged Nigerians to desist from purchasing phones that have not been certified for the country’s market by the regulatory agency. While commenting on the …
NCC frowns at influx of counterfeit phones, lists authentic brands Read MoreSamsung has unveil its latest innovation into the mobile phone market with it’s Galaxy S20 ranges. Unveiling the newest tech devices at the Transcorp Hilton, Abuja, Tuesday the company said …
Samsung unveils Galaxy S20 phones Read MoreMTN Group President/CEO, Mr Rob Shuter said the telecom giant has budgeted $1.6 billion investment in Nigeria market for the next three years. The CEO who spoke on behalf of …
MTN budgets $1.6bn 3 years investment in Nigeria Read MoreOil prices edged higher Tuesday after Russia’s energy minister, Alexander Novak, said cooperation with Organisation of Petroleum Exporting Countries, OPEC, on supporting the market would continue and as analysts forecast a second …
Oil prices appreciate on US inventories decline Read MoreThe Nigeria Export Promotion Council (NEPC) has said it is targeting $5 billion annually from the global soya beans market. The Executive Director/Chief Executive Officer of the Council, Mr Olusegun Awolowo, …
Export council targets $5bn annually from soya beans Read MoreAn industrialist and Chief Executive officer of Sokka International, master distributor of Carlton and Tiger brands Saw chain, Mr Godwin Ezeemo, has lamented over infiltration of fake and substandard products in …
Nigeria economy challenged by infiltration of fake products, industrialist Read MoreOil prices fell more than 1 per cent on Monday amid concerns over the prospects of a trade deal between the United States and China, while worries about oversupply also …
Oil drops over 1% on US-China trade war concern Read MoreTraders at the Ugwuoba cattle market in Oji River local government area of Enugu state have threatened a showdown with both the local and Enugu state governments over alleged interference …
Leadership crisis: Enugu cattle traders threaten showdown over govt ‘interference’ Read MoreThe Africa Finance Corporation (AFC) has stated that their goal is to grow their investments in mining, over the next few years, to over $500 million. This is according to …
AFC pledges to grow sector by over $500m Read MoreExhibitors at the ongoing Abuja International Trade Fair on Saturday commended the organisers for a hitch-free event. They said the 2019 edition of the fair recorded improvements in security arrangements …
Abuja trade fair exhibitors laud organisers Read MoreExecutive Chairperson, African Youth Union Commission, Dr Carl Oshodi has stated that Nigerian market is expected to gulp over 32.5 per cent of African Continental Free Trade Area (AfCFTA) drawing …
AfCFTA: Nigerian market to hit 250m workers in 10 years – Expert Read MoreTrading activities on the flour of Nigerian Stock Exchange on Thursday closed northward following gain recorded by MTN Nigeria Communications Plc as the market gained N6 billion. MTN Nigeria Plc …
NSE: Equity market gains N6bn Read MoreThe Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN), following transactions concluded on Tuesday. Figures obtained from the CBN on …
Forex market: Again, CBN intervenes with $210m Read MoreSeplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company has recorded growth of 15 per cent in its profit before tax in its half year financial …
Seplat grows profit by 15% Read MoreTransactions on the floor of Nigerian Stock Exchange (NSE) on Tuesday returned to bearish trend, with the market capitalisation losing N60 billion. Specifically, market capitalisation of listed equities declined by …
NSE: Bears return as equity market sheds N60bn Read MoreThe Federal Road Safety Corps, Bayelsa state Command, has called on street traders especially in market places to avoid encroachment on the road, mostly the highways Mr. Ikechukwu Igwe who …
Bayelsa: FRSC warns traders against encroaching highways Read MoreAs part of efforts to make internet connectivity affordable and accessible to subscribers, Spectranet 4G LTE has introduced Spectra-cular data plans.Structured to suit the needs of all types of Data …
Spectranet woos customers with new data plans Read More
Nkem Ngbeken Tonweh, the Founder and Chief Executive Officer of Natty Cole Beauty Studio, is a Nigerian entrepreneur and hair care expert who has found success in the foreign land …
What it takes to find success in hair business – Nkem Tonweh Read MoreThe Securities and Exchange Commission (SEC) has concluded investigation of Oando Plc and directed among others the resignation of the affected Board members. It also barred the Group Chief Executive …
Capital market infractions: SEC bars Oando Group’s CEO for 5 years Read MoreOil prices fell on Wednesday after a rise in U.S. crude inventories, while an intensifying crisis in Venezuela and tightened U.S. sanctions on Iran added further uncertainty to markets. Brent …
Oil price falls to $71 on swelling US stockpiles Read MoreThe Chambers of Commerce and Joint Association of Businessmen in Geidam local government council has called on the Yobe state government and the Nigerian Army to reopen the Geidam market, …
Yobe: Geidam community wants market reopened 10 weeks after Read MoreAXA has launched its global tagline and brand positioning in Asia, which will be rolled out across all its markets in the region over the next year. According to a …
AXA launches new global tagline in Asia Read MoreSenator representing Niger East senatorial district at the National Assembly, David Umaru has called on residents of the state to be more vigilant and cautious in averting fire outbreak in …
Senator visits victims of Minna market fire, calls for vigilance Read More