U.S. inflation slows in September as weekly jobless claims increase

U.S. consumer prices rose less than expected in September, held back by a slower increase in the cost of rent ...

Nigerian stocks rebound on bargain hunting in bellwethers, benchmark index up 0.11%

October 11, 2018

Nigerian stocks Thursday rebounded on bargain hunting in bellwethers especially STANBIC (+4.8%), NESTLE (+0.7%) and FLOURMILLS (+7.6%), which drove the ...

Nigeria’s economy is moving in positive direction, Udoma tells IMF, World Bank

by Admin

October 11, 2018

Udoma Udo Udoma, Nigeria’s minister of budget and national planning, Thursday in Indonesia told a global audience that the implementation ...

IMF, World Bank launch guidelines for policymakers on fintech

by Admin

October 11, 2018

The International Monetary Fund (IMF) and the World Bank have jointly released a paper that will guide policymakers around the ...

Islamic Corporation for the Development of the Private Sector names Ayman Sejiny CEO

by Admin

October 11, 2018

Mr. Ayman Amin Sejiny is highly accomplished financial industry leader The board of directors of the Islamic Corporation for the ...

AFC gets $300m facility from Chinese export-import bank

by Admin

October 11, 2018

Africa Finance Corporation (AFC), an infrastructure development finance institution, has announced its successful acquisition of a $300 million loan facility ...

World Bank’s new human capital index says Nigeria is underinvesting in its people as it ranks 152 out of 157 countries

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October 11, 2018

A recent World Bank Human Capital Index (HCI) launched Thursday in Bali, Indonesia has ranked Nigeria at the 152nd position ...

Nigerian stocks dip further by 0.1% as investors book profit in major counters

by Admin

October 10, 2018

Investor sentiments on Nigerian stocks Wednesday remained bearish as sell pressure in NIGERIAN BREWERIES (-2.8%), FBNH (-2.7%) and TRANSCOHOT (-9.6%) ...