Thursday, March 19, 2026
Dangote Cement lifts Nigeria’s equities index 1.0% after three days of consecutive losses
The Nigerian equities market rebounded Wednesday after three days of consecutive losses as uptick in Dangote Cement (DANGCEM) helped push...
Read moreDetailsNigeria to beef up daily oil production by 200,000b in 2018 from Egina project as NNPC accelerates local capacity devt
Nigeria’s Egina oil project would add about 200,000 barrels of oil to the nation’s daily crude production when completed in...
Read moreDetailsAppetite for new risk assets wanes in Nigerian banks as govt. securities offer window for easy interest income
The relative high yields on government securities have created an environment for Nigerian banks to grow net interest income (NII)...
Read moreDetailsNigeria’s central bank is acting as ‘piggy bank’ to gov’t, says MPC member
Nigeria’s central bank is acting like a “piggy bank” with its funding of the government, a member of the Monetary...
Read moreDetailsIraq sees no need for further OPEC output cuts, will support consensus if such need arises
Iraq doesn’t see a need for more collaborative oil production cuts currently, but it would support consensus within OPEC if...
Read moreDetailsSustained profit taking in large caps pares Nigeria’s stocks index 0.08% as bears rule, three days in a row
The Nigerian bourse's benchmark index maintained its negative momentum at the end of Tuesday’s session, shedding 8 basis points (bps)...
Read moreDetailsQuantitative easing, world growth buoy global rating outlooks, says Fitch
Global rating outlooks remain on an improving trend and are on balance less negative than at the start of the...
Read moreDetailsOctober 1 shake-out in pay-TV market nears as new entrant, TStv, offers Pay-As-You-Go
In what appears to be a symbolic but historical tie-in with Nigeria’s Independence Day celebrations, and a shakeout of the...
Read moreDetailsClimbing stocks, weaker dollar push world’s biggest wealth fund to $1tr mark
Uptick in stock markets and a weaker U.S. dollar have combined to push Norway’s sovereign wealth fund to an all...
Read moreDetailsNigeria’s N100bn rail freight market hobbled by infrastructure deficit as operators carry only 0.2% of potential
Edeme Kelikume, managing director, ConnectRail Services Limited The size of the Nigerian rail freight market has been estimated at N100...
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