Wednesday, June 24, 2026
Nigeria releases N100bn realised from sukuk bonds for 25 road projects
Nigeria’s federal government has released N100 billion to road contractors to facilitate the construction and rehabilitation of 25 priority road...
Read moreDetailsNigerian equities extend gains as benchmark index improves by 1.2%
Nigerian equities Thursday maintain gains of previous session to close all-share index (ASI) higher by 1.2 percent. The benchmark index settled at...
Read moreDetailsDHL, MallforAfrica in deal to grow cross-border e-commerce between African businesses, U.S consumers
DHL Express, global logistics leader, is partnering an e-commerce company, MallforAfrica to facilitate selling made-in-Africa products to consumers in the...
Read moreDetailsNigeria needs $16bn to construct, modernise rail lines – minister
The Nigerian government needs about $16 billion to construct and modernise major rail lines. Rotimi Amaechi, minister of transportation disclosed...
Read moreDetailsGold loses bullish momentum as prices tumble to nearly two-month lows on waning investor anxiety
International prices for gold, once among this year’s best-performing commodities, has tumbled to nearly two-month lows, hurt largely by waning...
Read moreDetailsNigeria’s NNPC, other NOCs urged to transform into energy companies to avoid economic trap of lower oil prices
African countries that have for decades depended on their national oil companies as a key source of revenue will need...
Read moreDetailsNigeria equities market rebounds on bargain hunting in banking stocks as benchmark index gain 0.15%
Nigerian equities market rebounded Wednesday as bargain hunting in relatively low-priced quality banking stocks pushed up index by 0.15 percent to close...
Read moreDetailsWhy I‘m so skeptical about bitcoin – Axel Weber, UBS chairman
Another top banker has expressed scepticism about bitcoin fulfilling important functions of currency. Axel Weber, UBS chairman and former Bundesbank...
Read moreDetailsNigeria’s GTBank’s $400m debt-repurchase offer records 30.77% success
Nigeria’s Guaranty Trust Bank’s (GTBank) offer to repurchase its $400 million 6 percent notes due 2018 has recorded 30.77 percent...
Read moreDetailsNigerian stocks open week bearish as benchmark index dips 0.4%
The Nigerian equities market opened the week and the month of October bearish Tuesday as all-share index shed 0.4 percent to close...
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