Tuesday, March 24, 2026
Losses in large caps pull down Nigerian equities index 0.52% as world stocks trade higher
The Nigerian equities market closed Tuesday negative as benchmark index shed 0.52 percent to settle at 36,600.07 points. This is...
Read moreDetailsNigeria’s uneven recovery a downside risk to growth in 2018, Rencap says
Despite Nigeria’s growth strengthening to 1.4 percent year on year in Q3 2017, analysts at Renaissance Capital are concerned that...
Read moreDetailsOil prices rise ahead OPEC meeting, analysts warn of oversupply risk from US producers
Oil prices were higher on Tuesday as traders looked ahead to a meeting next week at which major crude exporters...
Read moreDetailsBPE declines discos’ request for notice of force majeure, says new power policy directives in order
The Bureau of Public Enterprises (BPE), which midwifed the privatization of Nigeria’s power assets, has declined a request by the...
Read moreDetailsOPEC needs to consider political risk pushing up prices- IHS Markit
OPEC's second-biggest exporter of crude oil, Iraq is lurching between quota busting and production-crimping crisis, clouding the policy-making picture as...
Read moreDetailsBuy interest in Zenith, PZ, Dangote Sugar lifts Nigerian equities by 0.24% as global bourses trade slightly higher
The Nigerian local bourse opened the week Monday bullish on account of buy interest in Zenith, PZ and Dangote Sugar...
Read moreDetailsGlo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
The battle to acquire 9Mobile, Nigeria’s fourth largest telecoms operator, has heated up, with ten out of sixteen firms that...
Read moreDetailsWarren Buffett, Bill Gates reveal best business decisions they’ve ever made
Warren Buffett and Bill Gates have both founded highly profitable companies so it's safe to say that they've made quite...
Read moreDetailsNigeria’s pension authority limits withdrawals from voluntary contributions to once in 2yrs
Nigeria’s pension regulatory authority, the National Pension Commission (PENCOM), has set limits on withdrawals from voluntary contribution accounts to once...
Read moreDetailsNigeria economy grows 1.4% in q3 as oil production increases to 2.03m bpd
Nigeria’s economy expanded in the third quarter 2017, as oil production output increased. The gross domestic product of Africa’s largest...
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