Monday, July 6, 2026
Telecoms mergers, infrastructure, acquisitions to hit $10b in Africa in 2019
TMT (telecom, media and technology) infrastructure mergers, acquisitions and fundraising in Africa is predicted to continue growing in 2019, as...
Read moreDetailsEquities bargain hunt continues as big cap stocks drive Nigeria market index up 0.2%
The equities market performed positively at the close of trade Wednesday due to sustained bargain hunting in bellwethers such as...
Read moreDetailsUBA expands African operations with 20th continental subsidiary
United Bank for Africa (UBA) Plc has announced the commencemet of full banking operations in Mali. The bank said the...
Read moreDetailsSelf-imposed cuts force OPEC output to 30.86 million barrels per day, a drop 970,000 barrels per day, says Platts
Output cuts by the Organization of Petroleum Exporting Countries (OPEC) have pushed crude output down to 30.86 million barrels per...
Read moreDetailsNigeria’s state-owned oil firm NNPC to commence search for oil in Benue Trough, says President Buhari
Nigeria’s president, Muhammadu Buhari has announced that the state-owned oil corporation, the Nigerian National Petroleum Corporation (NNPC) will soon commence...
Read moreDetailsElection fears: NSE turnover nosedives in January
The volume of shares traded on the Nigerian Stock Exchange (NSE) in January dropped by 42.38 per cent due to...
Read moreDetailsCBN warns public to beware of fraudulent EDIs
The Central Bank of Nigeria (CBN) has warned Nigerians to stay away from some Entrepreneurial Development Institutions (EDIs) claiming to...
Read moreDetailsBargain hunters give Nigeria’s equities market bull run as capitalisation reaches N11.5trn
A rash of bargain hunting saw Nigeria's equities market keep the bull on the run on Tuesday with market capitalisation adding N11...
Read moreDetailsNigeria’s state-owned oil corporation, NNPC, announces N2.06bn trading surplus for November ’18
State-owned oil corporation, the Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of N2.06 billion for operations in...
Read moreDetailsFinally, Ambode, outgoing Lagos governor, presents N852bn 2019 budget to state lawmakers
Akinwunmi Ambode, the outgoing governor of Lagos State, who was denied a chance to serve an automatic second term by his party, the...
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