Saturday, June 13, 2026
Again, investors’ profiteering activities on Dangote Cement causes cold market shivers as Nigeria market index goes down 2.4%Â Â
As has always been the case with the stock, investors seeking to take profit on Dangote Cement piled some pressure...
Read moreDetailsAirtel Africa raises $1.25bn from SoftBank, five other investors
Airtel Africa Ltd, a subsidiary of India’s Bharti Airtel Ltd, said on Wednesday it had raised $1.25 billion from six global investors...
Read moreDetailsSHFE base metals prices edge higher across board
Base metals prices on the Shanghai Futures Exchange were all up during Asian morning trading on Wednesday, with the complex...
Read moreDetailsNigerian stocks keep bull run going for third day with All-Share Index recording 0.69% gain Â
Nigerian stocks extended the bullish Monday opening on Tuesday to make three days of a bull run that began Friday...
Read moreDetailsDangote Cement expects pioneer tax application approval to help boost 2018 earnings
An approval given to an application made by Dangote Cement Plc, for a pioneer tax status, is expected to reduce its...
Read moreDetailsExternal forces to weigh on naira, as economic calendar remains light ahead of elections
An appreciating dollar, prospects of higher US interest rates, jitters ahead of the 2019 general elections and geopolitical tensions across...
Read moreDetailsUnion Bank to intensify interventions in Nigeria’s educational infrastructure
Union Bank of Nigeria plc, one of the country's oldest financial institutions, said on Tuesday that it would intensify its...
Read moreDetailsInfrastructure to worsen in 2019 as FG cuts CAPEX by 10.54%
Of N500bn cut, N330bn is from CAPEX CAPEX now 27% vs. recurrent at 73% The Nigerian government is putting the...
Read moreDetailsOPEC struggling to meet one million additional bpd pledge
An OPEC branded flag sits on a table ahead of the 169th Organization of Petroleum Exporting Countries (OPEC) meeting in...
Read moreDetailsNigeria lowers 2019 spending plan to N8.6trn as 2018 revenue target fails to meet expectations
The Nigerian government has been forced to lower its budget estimates for 2019 following the less than expected revenues in...
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