The Lagos bourse posted a 0.05% rebound to close at 98,169.30 points. Gains in telco heavyweight MTNN (+0.20%), alongside TRANSCOHOT (+9.75%) and…
Business News Report
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International Monetary Fund IMF, has said in a blog post that despite government budget strains, Sub-Sahara African countries should prioritise investment in…
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International monetary Fund IMF, has placed Nigeria as the fourth largest economy in Africa. Nigeria was over taken by South Africa with…
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Chinese state energy major PetroChina has been waiting to unload a cargo of U.S. crude at Nigeria’s giant new refinery for nearly…
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The Biden administration has issued final rules to require airlines to automatically issue cash refunds for things like delayed flights and to…
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The Nigerian equities sustained the bearish run as the benchmark index lost 1.20% to close at 98,121.30 points. Renewed Investors interest in blue-chip ZENITHBANK (+1.67%), GTCO (+0.70%)…
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Minister of Solid Minerals Development, Dr Dele Alake, Wednesday, revoked 924 mineral licences based on the invocation of the ‘Use it or…
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Small and medium enterprises (SMEs) in the country have been advised to embark on brand repositioning to survive the current competitive environment.…
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Business
Hydrogen hosts catalyst workshop, highlights resilient business models for Fintech Startups
Hydrogen Payment Services has partneredCo Creation Hub to host the latest edition of the Catalyst workshop in Lagos. The discourse addressed the…
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Finance
Africa’s $824bn debt burden, opaque resource-backed loans hinder its potential—-Adesina warns
President African Development Bank Akinwumi Adesina) said that Africa’s immense economic potential is being undermined by non-transparent resource-backed loans that complicate debt…
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The World Bank has suspended new disbursements from a $150 million fund to expand a national park in southern Tanzania, a spokesperson…
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Central Bank of Nigeria (CBN) has directed Bureau D’Change operators (BDCs) to sell US dollars at N1,036 per dollar. CBN in a…
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Lagos Metropolitan Area Transport Authority (LAMATA) says over 600 Project Affected Persons (PAPs) will be compensated due to Mile 2 interchange project.…
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The local market reversed previous gains as the benchmark index lost 0.35% to close at 99,311.54 points. Investors interest UBA (+0.66%), TRANSCORP (+3.47%)…
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Dangote Petroleum Refinery said it has further reduced the prices of both diesel and aviation fuel to N940, N980 per litre respectively.…