Monday, July 27, 2026
Nigerian equities confirm analysts’ calls, start week on negative note as market index down 1.0%
The Nigerian equities market confirmed analysts’ call Monday as it started on a negative note, shedding 1.05 percent of its...
Read moreDetailsAfrican Union mulls 0.2% levy on imports to check foreign donor reliance
Representatives at the summit of the 29th ordinary session of the assembly of the African Union in Ethiopia today,...
Read moreDetailsDiesel price falls 42% to N150 per litre as NNPC interventions bear fruits
The price of automotive gas oil (AGO) popularly known as diesel has fallen steadily from between N175 and N200 per...
Read moreDetailsPositive outlook seen for Nigeria’s hospitality sector despite economic headwinds
*To grow revenue 14.6% annually in next five years.... Nigeria’s hospitality business is expected to be the fastest-growing market in...
Read moreDetailsStrong lending pushes Afreximbank assets up 64% to $12bn
Afreximbank, Africa’s trade finance bank with interest in helping provide finance for the facilitation of import and export activities on...
Read moreDetailsOil enters bear market as investors lose faith in OPEC’s cuts
* U.S output projected to average 10mbpd in 2018.... Oil prices tumbled in the second quarter, swinging into a bear...
Read moreDetailsNigeria economy continues recovery as manufacturing index expands third month in a row
The Manufacturing Purchasing Managers’ Index (PMI) increased to 52.9 index points in June 2017, indicating expansion in the manufacturing sector...
Read moreDetailsNigeria seen included in possible OPEC oil output cap
There are strong indications that the Organisation of Petroleum Exporting Countries (OPEC) may revisit the issue of including Nigeria in...
Read moreDetailsWorld coal production just had its biggest drop on record
2016 saw a record drop in global coal production as the price ofrenewable energy continued to decline. World coal production...
Read moreDetailsB-R-E-A-K-I-N-G: Hakeem Belo-Osagie steps down as chairman of Etisalat Nigeria
The Chairman of Etisalat Nigeria, Mr. Hakeem Bello-Osagie, has resigned his appointment following the approval of a restructuring plan for...
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