Thursday, July 30, 2026
Nigerian stocks shed 0.45% in a day global stocks saw red
The Nigeria equities market Monday was off to an ugly start in the week shedding 0.45 percent just as global...
Read moreDetailsForeign reserves mere accounting item, not savings – Chike-Obi
Mustapha-Chike-Obi Mustapha Chike-Obi, the immediate past managing director of the Asset Management Company of Nigeria (AMCON) has told business a.m....
Read moreDetailsNigerian equities fall 1.98% week on week despite surge in financial services stocks
Nigerian equities traded lower in the week ending January 2, 2018 as benchmark index fell 1.98 percent despite surge in...
Read moreDetailsHigher call tariffs imminent as NCC mulls new interconnect rate
Umar Danbatta, the Executive Vice Chairman, Nigeria Communication Commission (NCC) Nigerians could be forced to talk less on their phones...
Read moreDetailsFSDH calls downward trend on January inflation numbers on slower growth in food index
Inflation rate (year-on-year) is expected to drop further to 15.04 percent in January 2018 from 15.37 percent recorded in the...
Read moreDetailsNigeria’s investment banking market expands as Nova Merchant Bank debuts
Nigeria’s investment banking landscape expanded Thursday with the official launch of Nova Merchant Bank in Lagos. The opening of the bank thus...
Read moreDetailsAfrican Reinsurance Corporation joins Africa Finance Corporation
African Reinsurance Corporation (African Re) has announces its membership of Africa Finance Corporation (AFC) and becomes the first multi-lateral financial...
Read moreDetailsDANGCEM pushes its weight again as Nigerian stocks rise 0.26% despite major indices closing red
The Nigerian benchmark stock barometer, the Nigerian Stock Exchange All Share Index (NSEASI), clawed back gains from a previous loss...
Read moreDetailsGoldman Sachs’ short, medium, long term forecasts raise Brent crude price to $75, $82.50, $75 per barrel
Lloyd Blankfein, Goldman Sachs CEO After an earlier prediction that oil price would average $62 par barrel for 2018, Goldman...
Read moreDetailsGlobal analysts see Nigeria’s wealth stabilizing on another round of political change
Kemi Adeosun, Nigeria's finance minister (R) and Jim Yong Kim, World Bank Group President Nigeria lost one thousand super rich,...
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