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Ekemini 13913 posts 0 comments

World

John Boyega signs Netflix deal to produce West, East African movies

Mar 10, 2020 0
John Boyega, Nigerian-British actor, has signed a multi-year deal with Netflix, US media-services firm, to…
Business

Nigeria spends N1.7 trillion to import fuel in 2019

Mar 10, 2020 0
Nigeria spent N1.713 trillion on the importation of Premium Motor Spirit, also known as petrol, in 2019, according…
Business

Dow rebounds 1,167 points a day after suffering worst plunge since financial…

Mar 10, 2020 0
US stocks surged into the close to end a volatile session on Tuesday. Sharp mid-day fluctuations came as…
Business

Coronavirus: £130bn wiped off FTSE 100 in minutes

Mar 9, 2020 0
  The FTSE 100 has seen more than £130bn wiped from the value of its constituent companies within minutes, in a…
Business

Nnewi: Nigeria’s self-made Industrial hub

Mar 9, 2020 0
Nnewi is not a tier-one city in Africa, and not in Nigeria. Even within Anambra, it is masked by the commercial…
Business

Oil prices plunge below $35, Saudi Arabia triggers price war

Mar 9, 2020 0
Saudi Arabia rattled the already depressed oil market to its foundation early Monday after unilaterally slashing…
Business

Much worse than 2008 Global Financial Crisis?

Mar 8, 2020 0
The breathtaking volatility that has rocked the stock market for two weeks is rippling through other asset classes…
Business

Saudis Plan Big Oil Output Hike, Beginning All-Out Price War

Mar 8, 2020 0
Saudi Arabia plans to increase oil output next month, looking to boost it well above 10 million barrels a day, as…
Business

Aramco Drops Below IPO Price in Blow to Saudi Economic Plan

Mar 8, 2020 0
Saudi Aramco shares dropped below their IPO level for the first time as a looming price war in global crude…
Local

South African President appoints Okonjo-Iweala member SA Economic Advisory Council

Mar 7, 2020 0
Ngozi Okonjo-Iweala, Nigeria’s former minister of finance, was at South Africa’s presidential economic advisory…
Business

Silk roadblock: coronavirus exposes Nigeria’s reliance on China

Mar 7, 2020 0
Yetunde Oluyide has run a gift shop in bustling Lagos for nearly a decade, but with coronavirus curtailing imports…
Tips

5 Steps to Making a Profit in Crude Oil Trading

Mar 7, 2020 0
Crude oil trading offers excellent opportunities to profit in nearly all market conditions due to its unique…
Features

No One Wants to Be a Nigerian Stock Trader as Volumes Plunge

Mar 7, 2020 0
Stockbrokers are out of fashion in Nigeria. Not a single company registered to become a dealer on the West…
Business

The U.S. May Already Be in a Recession

Mar 7, 2020 0
Let’s just say it: The longest economic expansion in U.S. history may already be over, killed by Covid-19. It…
Features

Tech companies have canceled some high-profile conferences, causing an estimated…

Mar 6, 2020 0
Tech companies have canceled some high-profile conferences, causing an estimated economic loss of $666 million amid…
Africa

Traders Dust Off Old Disaster Hedge With Virus Fear Escalating

Mar 6, 2020 0
When markets are in turmoil, traders turn to their favourite hedges. They’re going for a classic form of…
Africa

South Africa’s rand steady in calm trade after coronavirus slide

Mar 6, 2020 0
South Africa’s rand traded slightly firmer early on Friday, recovering from a sharp dip in the previous session…
World

Gucci cancels fashion cruise due to rising coronavirus concerns

Mar 6, 2020 0
Fashion house, Gucci, has cancelled its Cruise 2021 show due to the ongoing Corona virus (covid-19) outbreak.…
Banking

Coronation Merchant Bank declares N5.09bn profit after tax for 2019

Mar 6, 2020 0
Coronation Merchant Bank Limited on Thursday announced a profit after tax of N5.09 billion for the financial year…
Business

Foreign investment inflow reverses trend

Mar 6, 2020 0
Foreign Direct Investment (FDI) into Nigeria may have returned to the downward trend after a mild recovery in 2018.…
Business

Coronavirus: Fear returns to stock markets

Mar 6, 2020 0
Global stock markets have fallen sharply as investors continue to worry about the broader economic effects of the…
Banking

StanChart grows full-year profit by eight per cent

Mar 6, 2020
Standard Chartered (StanChart) has grown its full year 2019 profit by eight per cent and improved earnings per…
Banking

Unity Bank introduces USSD in Nigerian languages

Mar 6, 2020 0
Unity Bank Plc has launched an Unstructured Supplementary Service Data, USSD banking in Nigeria’s three major…
Banking

Stanbic IBTC nets N75b profit in 2019

Mar 6, 2020 0
Stanbic IBTC Holdings Plc recorded a net profit of N75.04 billion in 2019 as the financial holding company…
Banking

Union Bank pays first dividend in 11 years

Mar 6, 2020 0
Union Bank of Nigeria (UBN) Plc on Thursday announced a dividend recommendation of about N7.3 billion for the 2019…
Africa

What does Coronavirus outbreak mean for investors?

Mar 6, 2020 0
From Wuhan, one of China’s most populous cities, the 2019 novel Coronavirus (2019-nCoV) has now spread to 74 more…
Business

US markets in sharp drop amid rollercoaster over coronavirus

Mar 6, 2020 0
US stock markets closed sharply lower again on Thursday as fears about fallout from the virus outbreak sent more…
Technology

Embattled Twitter chief Dorsey reconsiders Africa move amid coronavirus concerns

Mar 6, 2020 0
Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey said on Thursday he is reconsidering a proposed stint in…
Business

OPEC seeks big oil cut in crunch talks with Russia amid virus outbreak

Mar 6, 2020 0
OPEC holds crunch talks with its allies on Friday after the group told Russia and others it wanted an additional…
Banking

FX intervention pressure mounts on Brazil central bank to sell dollar reserves

Mar 5, 2020 0
Brazil’s currency is weakening so quickly the central bank may soon be forced to set aside its free-market…
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NIGERIA

Business

Nigerians Expect Inflation to Ease in Six Months Despite Ongoing Price Pressures – CBN Survey

Jun 11, 2026
Business

Nigeria’s Economic Reforms Gain IMF Backing as FG Pledges Sustained Policy Drive

Jun 11, 2026
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AfDB Pledges $86m to Boost Nigeria Agro-Industrial Zones as SAPZ Gains Fresh Funding Momentum

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World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

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