Tuesday, June 9, 2026
Weak investor appetite weigh on Nigerian stock market, sell pressures on bellwethers continues, forcing index down 2.1%
A weak investor appetite weighed negatively on the Nigerian stock market Wednesday with Tuesday's sell pressures on bellwethers continuing for...
Read moreDetailsImproved score, four new reforms fail to lift Nigeria’s Ease of Doing Business ranking
Nigeria’s Ease of Doing Business ranking dropped by one point to 146 even though it executed four new reforms and...
Read moreDetailsInsecurity of investment scares Nigerian lenders away from local farmers
The lack of security on investment into agricultural activities in Nigeria has been identified as one of the top issues...
Read moreDetailsShale won’t just go away, it would drive oil prices along with new demands, geopolitics in 2019 – IEA predicts
Oil prices will be largely driven by US shale, demand from new consumers led by India and the return of geopolitics in...
Read moreDetailsNigeria oil firm Seplat returns from red as N1.6bn 2017 9-months’ losses turn blue in 2018 with N28bn profit after tax
A N1.6 billion loss recorded by Seplat Petroleum Plc in the nine-month period which ended September 30, 2017 has been...
Read moreDetailsElevated sell pressure on Nigerian stocks puts a stopper to 3-days bull’s run as index drops 0.1%
Nigeria’s equities market Tuesday halted a three-day bullish run which began last Thursday as elevated sell pressures impacted market performance. Consequently, the...
Read moreDetailsNigeria state oil firm, NNPC, back to international crude oil shipping as NIDAS returns after 7 years
By Nse Anthony-Uko The Nigerian National Petroleum Corporation (NNPC) on Tuesday announced the re-entry of its subsidiary, NIDAS Shipping Services,...
Read moreDetailsGrowth in African economies struggles to be proportional with development
The growth in the gross domestic products (GDP) of African countries have continued to struggle with being proportional with sustainable...
Read moreDetailsDemand could depress on costly oil prices and hurt producer, says IEA chief, Birol
The hurting effect of costly oil prices on consumers could lead to adverse implications for producers, Fatih Birol the...
Read moreDetailsCBN vs MTN: Nigerian court adjourns $10bn case till December 4
The court hearing of a case involving Nigeria's central bank and South Africa's telecommunications giant, MTN, over a $10.1 billion...
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