Nigeria Stock Exchange Equities Investors Gain N237 Billion
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday, occasioned by gains in…
Category: Africa
Facebook, Twitter, Other Social Media And Digital Advertising Companies Stocks Drop
Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in after-hours trading, after Snap reported it missed revenue expectations…
IMF Project 2.7 Percent Economic Growth For Nigeria In 2022
The International Monetary Fund, IMF, has projected a 2.7 per economic growth for Nigeria in 2022 and 2.6 per cent…
Nigeria External Reserves Rise To $40 Billion In Three Weeks
Nigeria’s external reserves gained $3.98bn in three weeks, rising above the $40bn mark, according to data obtained from the Central…
Antigua And Barbuda Orders Arrest Of ‘Imagine Global’ Couple For Alleged Fraud
The Prime Minister of Antigua and Barbuda Gaston Browne has ordered the arrest of Bamise and Elizabeth Ajetunmobi, the couple…
Exxon Mobile Reduce Production In Chad
Exxon Mobil said on Wednesday it had temporarily cut back production at its unit in Chad and reduced staffing in the…
PWC And UNDP In Agreement To Support Technology-Enabled Approach In Nation Ecosystem
Price Water House Coopers (PwC) and the United Nations Development Programme (UNDP) have signed a Memorandum of Understanding (MoU) to…
Federal Government In Discussion With International Monetary Fund On Terms Of Repayment Of Loan
The federal government is negotiating with the International Monetary Fund (IMF) on repayment terms for the $3.4 billion extended to…
AFDB, ADFl, And Y’ello Digital Financial Services Agreed On $500,000 Grant For Women
The African Development Bank initiative, the Africa Digital Financial Inclusion Facility (ADFI), and Y’ello Digital Financial Services (YDFS), the fintech…
International Renewable Energy Agency And International Labour Organization Partners To Promote Employment For Women
The Directors-General of the International Renewable Energy Agency and the International Labour Organization have signed an agreement to reinforce their…
Lagos State Ministry Of Education Train 50 Teachers In Partnership With US Consulate General
The Lagos State Ministry of Education has partnered with the US Consulate General to train 50 teachers from the Education…
Nigeria Maintains Position As Africa’s Most Valuable Nation Brand Amid Pandemic
Despite Covid-19 pandemic economic shocks, Nigeria has retained its position as Africa’s most valuable nation brand for the third consecutive…
Commercial Fifth Generation (5G) Network Is Now Serving More Than 500 million subscribers
Commercial Fifth Generation (5G) network deployment is now in 176 countries around the globe, serving more than 500 million subscribers.…
Kaspersky Unveils Free Platform To Encourages Small Business Security
Kaspersky has unveiled a free platform for small businesses to improve their security. The platform, called ‘Kaspersky Cybersecurity on a…
E-Naira Will Be Available To All Nigerians: CBN
The Central Bank of Nigeria has said the eNaira will be available to Nigerians without Internet-enabled phones. The CBN disclosed…
Association of Nigerian Electricity Distributors Lose N97 Billion In Q1
Electricity distribution companies have said a total of N97bn was lost in the first quarter of this year to energy…
Top 50 Brand Recognition For MTN Nigeria and Dangote Group
Dangote Group and MTN Nigeria Plc have been recognised for their brand image and presence in the Nigerian market by…
E-Commerce “Sendbox” Raise $1.8 Million
An e-commerce fulfillment company for small merchants, Sendbox, has raised $1.8m to help small merchants fulfill their e-commerce orders. According…
DPR, PPPRA, PEF Get Scrapped By Federal Government Of Nigeria
The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped…
Nigerian Exchange Group List Its Issued And Fully Paid Share
Nigerian Exchange Group Plc has listed its entire issued and fully paid 1,964,115,918 ordinary shares of 50 kobo each at…
Nigeria Stock Exchange Market Capitalisation Rise By N41.06 Billion
The market capitalisation of equities in the Nigerian Exchange Limited rose by N41.06bn on Thursday as investors’ trading volume jumped…
FG Reviews PPPRA, CBN, Others’ Revenue Targets By 71.09 Percent
The Federal Government has reviewed upwards the independent revenue projection for Ministries, Departments and Agencies in the 2022 fiscal period…
Flutterwave Set To Triple Last Valuation
Flutterwave Inc., a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure…
Naira Depreciate By 0.19 Percent
The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday.…
Absa Africa’s Financial Index Ranked Nigeria As Third Attractive Destination For Foreign Investment
The Absa Africa Financial Markets Index 2021 (AAFMI) has ranked Nigeria as the third most attractive country in Africa for…
