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Day: January 23, 2020

Buhari directs trade minister to set up agro-allied industry in 36 states
BusinessLocal

Buhari directs trade minister to set up agro-allied industry in 36 states

The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in…

byEkeminiJanuary 23, 2020
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
Local

BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%

The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All Share…

byEkeminiJanuary 23, 2020
Analysts predict decline in T-bills, bond yield
Tips

Analysts predict decline in T-bills, bond yield

Analysts at Cordros Capital Limited have said yields on Treasury bills and bonds are expected to decline by about 100…

byEkeminiJanuary 23, 2020January 23, 2020
Refineries recorded N123.3bn loss in 10 months – NNPC
BusinessLocal

Refineries recorded N123.3bn loss in 10 months – NNPC

The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January…

byEkeminiJanuary 23, 2020January 23, 2020
ACCA study sees low economic confidence, debt risks
BankingTips

ACCA study sees low economic confidence, debt risks

A gauge of the nation’s economic confidence in the fourth quarter (Q4) 2019, showed not just a dip, but a…

byEkeminiJanuary 23, 2020January 23, 2020
Oil firms to stake $30 billion on exploration this year
World

Oil firms to stake $30 billion on exploration this year

Globally, about $25 billion to $30 billion will be spent on oil exploration activities although cost-efficiency challenges may slip by…

byEkeminiJanuary 23, 2020January 23, 2020
China stocks slide 3%, leading sharp losses for Asia as coronavirus spreads
World

China stocks slide 3%, leading sharp losses for Asia as coronavirus spreads

Stocks in China were hit hard in Thursday with Hong Kong and Shanghai exchanges off 2% to 3% as the…

byEkeminiJanuary 23, 2020January 23, 2020
Africa is resurging, AfDB encourages global investors
BankingInvesting

Africa is resurging, AfDB encourages global investors

The African Development Bank (AfDB), yesterday, told global investors that the continent is resurging with huge investments opportunities in billions…

byEkeminiJanuary 23, 2020January 23, 2020
NSE: Market indicators sustain downtrend by 0.02%
Local

NSE: Market indicators sustain downtrend by 0.02%

The Nigerian equities market sustained a negative trend on Wednesday with the market indices dropping marginally by 0.02 per cent.…

byEkeminiJanuary 23, 2020January 23, 2020
Currency issues least of ECOWAS integration process, says LCCI
Business

Currency issues least of ECOWAS integration process, says LCCI

Citing the need to address key fundamental issues and non-tariff barriers affecting regional trade among Economic Community of West African…

byEkeminiJanuary 23, 2020January 23, 2020

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