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Foreign Investors Prefer Nigerian Banks’ Eurobonds To Their Stocks
Foreign investors can’t get enough of Nigerian banks’ Eurobonds but won’t touch their stocks with a ten-foot pole.…
Biden Signs Legislation To Tighten U.S. Restrictions On Huawei, ZTE
U.S. President Joe Biden on Thursday signed legislation to prevent companies like Huawei Technologies Co or ZTE…
Twitter To Launch Dedicated Crypto Team
Twitter is expanding further into the world of cryptocurrencies as the social media giant is setting up a team…
Equities Extend Losses As Capitalisation Dips Further By N82 Billion
The market capitalisation of listed equities depreciated further by N82 billion yesterday, following the extension…
Libya Overtakes Nigeria As Africa’s Biggest Oil Producer
Nigeria has lost its Africa’s top oil producer status to Libya as its crude oil production fell further last month…
China Ready To Assist Nigeria Boost Export, Industrialisation – Envoy
Cui Jianchun, the Ambassador of the Peoples Republic of China to Nigeria, has said that China was ready to work…
NGX Pushes Ahead With Retail Participation Drive
The Nigerian Exchange Limited has announced that it will be holding its fourth retail investor workshop in 2021 in…
Senate Approves Buhari’s $16 Billion, €1 Billion Loan Requests
The upper legislative chamber also approved grant components of $125 million.
The president had requested the…
Lagos Tops As States Half Year IGR Reaches N849.12 Billion
The 36 states of the federation and Federal Capital Territory recorded a combined Internationally Generated Revenue…
E-Naira Complete N46.3Million Transactions Since Launching
The eNaira, Africa’s first digital currency, successfully completed N46.3 million worth of transactions in less…
Forex Scarcity: How We Help Manufacturers Get Dollars – Adebayo, Trade…
Otunba Richard Adeniyi Adebayo, Minister of Industry, Trade and Investment, giving his mid-term report, explains…
U.S. Senate Introduce Bill To Limit Big Tech Mergers
Two U.S. senators have introduced bipartisan legislation that seeks to make it harder for Amazon.com and other tech…
Chinese Markets Dragged On Asian Shares While Dollar Stands Tall
Chinese markets dragged on Asian shares on Friday as they failed to latch on to a global record-setting rally after…
Agribusiness Company “Olam” To Produce 240,000 Metric Tonnes Of Rice
Olam Nigeria Limited, an agri-business company, has announced plans to increase its production capacity to 240,000…
Nigerian National Petroleum Corporation Contribution To Federation Account Dropped…
The total contribution of the Nigerian National Petroleum Corporation (NNPC) to the federation account dropped by…
International Breweries Recorded 32.1% 2021 Q3 Revenue Growth
International Breweries recorded a revenue growth of 32.1% to N46.43 billion in the third quarter of 2021. This is…
China Applies To Join DEPA
China has applied to join the Digital Economy Partnership Agreement (DEPA) on Monday, the commerce ministry said.…
Saudi Arabia Oil Giant “Aramco” Record 158% Increase In Q3
Saudi Arabia’s oil giant Aramco has posted a 158% increase in third quarter net income to $30.4 billion, as the…
Crypto Startup QuickNode Raises $35 Million In Series A Funding Round
Blockchain development platform QuickNode has raised $35 million in a Series A funding round, the company said…
World Bank Frowns At Nigeria Plan To Spend N2.9tn On PMS Subsidy
The World Bank has decried the continued spending by the Nigerian government on petrol subsidy, which it said is on…
Nigeria: President Muhammadu Buhari Launch E-Naira
The President, Major General Muhammadu Buhari (retd.), on Monday, launched the eNaira platform.
The eNaira is a…
CBN Introduces E-Naira Speed Wallet And E-Naira Merchant Wallet
The Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday.
The…
34 Oil Companies Disbursed $896.891 Million Social Expenditure
Thirty-four foreign and indigenous oil companies disbursed $896.891 million as social expenditure in the 12 months…
FBN Holdings Now Aware Of Mr Otedola’s 5.07% Equity Stake
FBN Holdings Plc, the holding company of First Bank of Nigeria, says it has received notification that Femi…
Dangote Cement Plc: PAT Of N191.6 Billion
Dangote Cement Plc built an after-tax profit of N191.6 billion at the end of its half-year trading in June 2021.…
Femi Otedola Acquire 30 Billion Worth Of Shares In First Bank
From having a humongous loan portfolio of N192 billion in 2012 via his then Zenon Petroleum and Gas Ltd which was…
Nigeria Stock Exchange Equities Investors Gain N237 Billion
Transactions on the equities sector of the Nigerian Exchange Limited (NGX) sustained a rising profile yesterday,…
Facebook, Twitter, Other Social Media And Digital Advertising Companies Stocks…
Shares of Facebook and Twitter and other social media and digital advertising companies are sharply down in…
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…