Nigeria Can Earn $1bn From Leather By 2025 — NEPC
The Nigeria Export Promotion Council (NEPC) has said that the leather industry could generate $1bilion…
Category: Business
Investors’ Interest Growing In Nigeria’s Gold Value Chain — PAGMI
In this April 16, 2020, file photo, a customer puts gold bars on basket for…
Biden Win Could Cause A Huge New Oil Glut
As if the oil market needed another uncertainty in the year of the pandemic, a…
Capital Market Halts Gain With N26bn Loss
The Nigerian equity market on Monday closed the market in the red as investors began…
Oil Marketers: Stalled PIB Hampered Investment In Downstream Assets Digitalisation
Marketers of petroleum products in the country have continued to highlight the negative impact of…
Sterling Calm Vs Euro, Overnight Implied Volatility Soars To Highest Since March
Trading in the British pound was relatively calm on Tuesday as the currency stayed neutral…
‘Deregulation Will Reduce Corruption In Oil Industry’
Members of the Major Oil Marketers Association of Nigeria (MOMAN) , a group comprising 11…
Nigerian Currency Gains 37 Kobo At Investors’ Window, Sells At N385.63/$1
The Naira came out stronger against the US Dollar at the Investors and Exporters (I&E)…
European Markets Close Higher On Upbeat Manufacturing Data; Ocado Up 8%
LONDON — European stocks closed higher on Monday as promising manufacturing data out of the…
Oil Reverses Steep Loss To Gain Nearly 3% Despite Rising Covid-19 Cases
Oil prices gained more than 2% Monday, shaking off earlier losses, as the United States…
Gold Rises As Pandemic Worsens, U.S. Elections In Focus
Gold prices gained on Monday on uncertainty surrounding the outcome of Tuesday’s U.S. presidential election,…
Why Remittances To Nigeria’s Economy Slumped
Monies sent from Nigerians living abroad is beginning to dry up. Remittance inflows that for…
A Rough And Rocky Road Ahead For Nigeria’s Economy?
Africa’s largest economy commenced the final quarter by facing some of the biggest protests witnessed…
Apple Announces Event For Nov. 10 Where New Macs With Apple Chips Expected
Apple announced on Monday an event for Nov. 10 where it’s expected to announce new…
AMC Seeks Stock Sale To Raise $50 Million To Stave Off Bankruptcy
AMC, starved for cash, is looking to sell up to 20 million class A shares…
How Fintech Companies Revolutionised Banking
The advent of financial technology (fintech) companies have changed the dynamics in the nation’s banking…
Wall Street Rebound Accelerates As Dow Jumps More Than 500 Points
Stocks jumped on Monday, the first trading day of the month, as markets tried to…
Dow Jumps More Than 400 Points As Wall Street Rebounds From Worst Week Since March
Stocks jumped on Monday, the first trading day of the month, as markets tried to…
McDonald’s Hires Reginald Miller As Diversity Chief Amid Corporate Turmoil
McDonald’s is hiring a new chief diversity officer as it struggles with charges of harassment…
‘Fundamentals Investors Should Look For As Markets Change’
NIGERIAN financial markets are trading on opposing sides, declining yields in the fixed-income market is…
Euro, Yen Implied Volatility Highest Since April As Traders Prep For U.S. Election
One-week implied volatility gauging levels in the euro and the Japanese yen rose to their…
Dollar In Narrow Range Ahead Of U.S. Election, Pound Weakens
The U.S. dollar steadied on Monday as investors prepared for U.S. presidential elections on Tuesday,…
Oil Falls To Five-Month Low As Lockdowns And Libya Spook Market
Oil kicked off what promises to be a turbulent week of trading by plunging to…
Low, Middle Income Countries To Attract $508b Remittances
THE World Bank has projected that remittances by migrant workers to low and middle income…
Nigerian Stocks Hit 16-Month High As Company Results Ease COVID Concerns
Nigerian stocks soared to a more than 16-month high on Friday as funds piled into…
Nigeria’s E-Government Summit To Attract Foreign Participation
Nigeria and six foreign countries will be participating and showcasing their e-Government experiences at this…
NPA’s Services, Port Operations Not Interrupted Despite Attack – Usman
Hadiza Bala Usman, managing director of the Nigerian Ports Authority (NPA) has assured all port…
Dollar Holds Gains On U.S. Election Caution, COVID-19 Cases
The U.S. dollar held steady on Monday as investors readied for this week’s U.S. presidential…
Foreign Portfolio Investments Drop By N178.7b In Q3
FOREIGN portfolio transactions in the Nigerian markets declined by N178.66billion to N510.25 billion by third…
Consumers’ Confidence In The Economy Dropped In Q3 — CBN Report
Consumers’ confidence in the economy dropped in the third quarter of the year, according to…