ELECTIONS: Nigeria's stock market loses N170bn in two days
The nation’s stock market recorded continues losses totalling N170bn in two days, following the announcement of the results of the presidential election.
Investors lost N84.4bn...
Oil prices plummet as Trump tells OPEC to relax
The international oil benchmark, Brent crude, tumbled on Monday after the United States President, Donald Trump, told the Organisation of Petroleum Exporting Countries to...
Grades of Nigerian crude oil exports set to rise
Exports of two Nigerian crude oil grades, Qua Iboe and Bonny Light, are set to rise in March.
The country’s largest oil grade; Qua Iboe,...
ELECTIONS: NSE capitalisation loses N85bn in six hours
The market capitalisation of listed equities on Tuesday shed N85bn in six hours of trading to what traders attributed to profit-taking as a result...
Trade deal with US can be achieved before year end- EU commissioner
The European Union Trade Commissioner Cecilia Malmstrom recently said that a trans-Atlantic trade deal could be achieved before year-end, stressing a readiness to work...
N69.1bn lost in power sector in seven weeks
N69.1bn was lost in the power sector between January 1 and February 19 this year as a result of the persistent challenges in the...
Huggies manufacturer plans to shutdown factory in Lagos in Q2
Manufacturer of Huggies and Kotex brands of diapers an American multinational personal care company; Kimberly-Clark, has said that it will close its factory in...
Lyft plans to file for IPO next week
Lyft Inc plans to start the process to launch its initial public offering during the week of March 18, making it the first U.S....
Why we are co-funding Abidjan-Lagos Highway Corridor- EU
The European Union has explained in a statement that it co-funded the Abidjan-Lagos Highway Corridor to stimulate investments, strengthen the competitiveness of the territories...
ATM transactions across the country hit N39.15trn in Q4- NBS
Automated Teller Machine from selected banks across the country recorded transactions valued at N39.15 trillion in the fourth quarter of 2018 according to The...