Latest News
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114Economy & MarketBulls Hold Sway Ahead of Easter Break
The equity market nudged higher as the benchmark index rose by 0.27% to close at 104,562.06 points. Renewed interest in MTNN (+0.91%),...
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151AgricultureAfDB signs $75m Loan Agreement to boost Indorama’s Fertilizer Production and Export Capacity
The African Development Bank has signed a $75 million loan agreement with Nigeria’s Indorama Eleme Fertilizer and Chemicals Limited. The loan will...
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138Industry & Money‘Petroleum Ministry Interacting with Stakeholders on Implementation of Executive Order’
The Ministry of Petroleum Resources says it has been interacting with stakeholders to obtain industry alignment and participation in carrying out its...
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155Industry & Money‘Value Addition is New Standard in Mining Operations’
The Minister of Solid Minerals Development, Dr Dele Alake, has declared value addition as the new indispensable standard for mining operations in...
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113Money MarketBanking Bellwethers Lead Gains
EQUITIESBullish sentiments resurfaced in the domestic stock market today, driven by bargain hunting in ZENITHBANK (+8.8%) and GTCO (+5.7%) stocks. As a...
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156Banking & FinanceVisa and Mastercard agree to $30b settlement that will lower merchant fees
Two of the world’s largest credit card networks, Visa and Mastercard, as well as the banks that issue cards with them, have...
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203Leadership & ManagementIs Internet Exacerbating Nigeria’s Poor Reading Culture?
In 2020, Prof. Lenrie Aina, former National Librarian/Chief Executive Officer of the National Library of Nigeria (NLN), decried Nigeria’s ranking as one...
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140Economy & MarketProfit Taking Drags Market Performance Down
EQUITIES The Nigerian equities market extended yesterday’s losses following sell pressures on MTNN (-1.7%) and FBNH (-3.4%). Accordingly, the All-Share Index declined...
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237Banking & FinancePost MPC: CBN Raises Interest Rate to 24.75%
In line with our expectations, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) again voted to raise the...
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102Industry & MoneyPetroleum Regulatory Commission to Provide Templates on Domestic Crude Oil Supply
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has given its enforcement committee 48 hours to produce a template for the implementation of...
