Latest News
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146Money MarketNaira Gains 7.2% Against Dollar
The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading...
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254Foreign NewsGreening Africa’s Final Frontier
(Geoffrey Manley) The writer is an investment director and head of energy access and efficiency at British International Investment. Africa stands at...
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155Economy & MarketEconomic and Market Report: Week Ended 12-04-2024
Global Economy According to the Bureau of Labor Statistics (BLS), United States headline inflation rose higher than market expectations (+3.4% y/y), increasing...
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156Stock MarketAll-Share Index Slips Further at the Local Bourse
To close the holiday shortened week, the All-Share index of the local bourse slipped further by 0.71% to 102,314.56. Bearish sentiment continued...
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149Business NewsNearly 55 million face hunger in West and Central Africa, UN warns
UN agencies say double-digit inflation and stagnating local production are major drivers of the hunger crisis. Nearly 55 million people will struggle...
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143Industry & MoneyNigeria Struggling to Find Buyers for its Crude Oil –Report
Nigeria is struggling to find buyers for its crude oil due to a shortfall in demand from Europe, Bloomberg is reporting. According...
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247Industry & MoneySociety of Engineers tasks DisCos on Transparency, Accountability
The Nigerian Society of Engineers (NSE) has called on electricity distribution companies to be transparent and accountable while implementing the new tariff,...
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197Foreign NewsTed Baker to Close 15 Stores and Cut 245 Jobs
High Street fashion chain Ted Baker is to close 15 UK stores and cut 245 jobs, administrators have said, according to BBC...
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175Banking & FinanceCentral Bank Prohibits Use of Foreign Currencies as Collateral for Naira Loans
The Central Bank of Nigeria (CBN) has written to all banks in Nigeria to discontinue the use of foreign currencies as collateral...
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157Stock MarketShares slide as Exchange wobble continues
The continuous downturn at the Nigerian Stock Exchange threatens the much anticipated recovery. EQUITIESTrading activities in the domestic equities market kicked off...
