Tuesday, June 16, 2026
FBNHolding, GTB give volume, value; WAPIC, AIICO boast insurance index, as Nigeria bourse climbs 1.4%
The old but very agile elephant, FBN Holding, pumped up the volume, and one of the symbols of Nigeria’s permanently-named...
Read moreDetailsCOVID-19: FG extends ban on flights for four weeks
The federal government has extended the ban placed on flights in the country as part of efforts to curtail the...
Read moreDetails2020 budget cuts affect National Assembly, federal jobs, capital expenditure
As Nigeria faces a fiscal crisis caused by COVID-19 pandemic and the measures to contain it, the Buhari administration has...
Read moreDetailsCovid-19: FCMB to restructure half its loans on oil, virus
Caught in the web of huge oil and gas exposure and the dwindling oil prices, FCMB Group Plc plans to...
Read moreDetailsLosses on equities moderate as investors recoup N375bn
By Omobayo Azeez Following another positive session that yielded N375 billion in profit to the delights of investors, earlier negative...
Read moreDetailsOil prices fall as rising U.S. inventories reassert supply concerns
Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after U.S. crude...
Read moreDetailsPost Covid-19: 83% of businesses in Nigeria to cut salaries, downsize workforce
With the untold impact of the covid-19, 83 percent of businesses in Nigeria are planning to cut down salaries,...
Read moreDetailsNigeria’s oil crisis compounded as India’s fuel demand crash by 60%
In what may have compounded Nigeria’s energy crisis, India, the country’s largest importer of crude oil, reported a 60% slump...
Read moreDetailsNaira gains, exchanges 430/$ as forex sale resumes
The naira sold for N430 to a dollar on Monday, gaining some strength over previous week’s sales figures, following the...
Read moreDetailsInvestment windows tighten on telecom sector
By Omobayo Azeez Given the disruptive consequences of Coronavirus (Covid-19) pandemic across various sectors of the economy, the Nigerian telecoms...
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