Leveraging capital market potential to accelerate growth
Capital market, globally, is one of the most important platforms for financial deals, particularly, in raising…
How N7.5 billion GPW will boost policy holders’ confidence
As insurers express commitment to the ongoing industry recapitalisation exercise, they have explained that a…
Investors still wary despite Finance Act’s facelift
Until the numbers begin to fall in place and infrastructure investments that are needed to facilitate businesses…
3 Reasons Why the Stock Market is Headed for a Devastating Crash
The Wuhan coronavirus outbreak is getting worse by the day, but thanks to massive central bank intervention, stock…
Tesla surges 9% after reopening its Shanghai factory following coronavirus…
Tesla's Shanghai Gigafactory is expected to reopen Monday following a closure related to the coronavirus outbreak,…
Jeff Bezos Is Selling Because Amazon Stock Is In Serious Trouble
Jeff Bezos has been on an Amazon stock (NASDAQ:AMZN) selling spree. In the last week, he dumped $4 billion worth of…
IMF moves to replace first Deputy MD, David Lipton
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has announced that the…
Ecobank holds digital skills training for female entrepreneurs
ECOBANK Nigeria has trained over 140 female business owners on digital marketing skills as part of its initiative…
Mixed earning reports, rebound in T-bills stop rate to pressure equities
AS quoted companies continue to release their 2019 full year earnings reports, investment analysts have indicated…
Tony Elumelu Foundation disburses first tranche of $5million partnership…
Tony O. Elumelu, CON, has congratulated the African Development Bank (AfDB), and its President, Akinwumi Adesina,…
Flour Mills finance cost drops by 20% to N4.3 bn in Q3
FLOUR Mills Nigeria Plc has recorded 20 percent, year-on-year decline in its finance cost to N4.3 billion, in the…
Nigeria to receive first tranche of World Bank’s $3 billion loan soon
Nigeria is expected to receive the first tranche of its $3 billion loan request from World Bank as soon as…
Recapitalisation: Insurance stocks dormant despite deadline extension
THE shift in the deadline for insurance firms to beef up their capital in compliance with the new minimum capital…
New VAT regime, upward inflationary pressures are key economic headwinds – Cordros…
Cordros Research has declared that the new Value Added Tax, VAT regime and persistent upward inflationary pressure…
100 tonnes of mutilated naira notes destroyed weekly—CBN
THE Central Bank of Nigeria (CBN) said that about 100 tonnes of bad naira notes were generated as waste and…
Investors lose N153.6 bn amid sell-offs in blue-chip companies
Investors in the nation’s stock market on Monday (today) lost over N153.6 billion of their investment following…
Amazon’s Jeff Bezos sells stock worth of $3.5bn
Jeff Bezos is on a selling spree. Stock disposals by Amazon.com’s founder and CEO over the past week have reached…
US, Nigeria hold talk on commercial & investment in Washington D.C
No doubt, this week was loaded, especially in Washington D.C, where representatives from the United States of…
Lagos state turns to Bolt, Uber; tackles them on operation permit
These are not good times for ride-hailing companies and their patrons in Lagos, as Governor Babajide Sanwo-Olu led…
Credit Suisse chief Tidjane Thiam ousted after spying scandal
The Credit Suisse chief executive, Tidjane Thiam, has been ousted in the wake of a saga involving corporate…
EFCC to probe $8m intercepted by Customs
The Nigeria Customs Service has said it will hand over the $8,065,612m intercepted at the Murtala Muhammed…
External debt servicing gulps $1.08bn in nine months — DMO
The Federal Government spent a total of $1.08bn (N400.90bn) on external debt servicing between January and…
Non-oil export earnings fall by 37.8%
Earnings from non-oil exporters fell by 37.8 per cent in the last quarter of 2019, the Central Bank of Nigeria…
Ministers, agencies working at cross purposes, advisers tell Buhari
The Economic Advisory Council of the President, Major General Muhammadu Buhari (retd.), has identified the lack of…
FCMB Deepens Empowerment of SMEs in Ogun State, as First Lady Commends Bank
First City Monument Bank (FCMB) has restated its commitment to the productivity and profitability of Small and…
Warner Music set for US stock market flotation
Warner Music Group, home to a host of stars including Ed Sheeran and Katy Perry, plans to sell shares in the US.…
Ghana goes after former Finance Minister over bank collapse, industry crisis
Ghana is coming after its former Finance Minister, Kwabena Duffuor, for his role in the activities that led to the…
Fidelity Bank appoints new Non-Executive Director
Fidelity Bank Plc has appointed Alhaji Isa Mohammed Inuwa as an Independent Non-Executive Director. The…
Apple watch outsells entire Swiss watch industry
The Apple Watch wasn’t just the best-selling smartwatch last year, but also put the Swiss watch industry to shame,…
US tasked to buy stakes in Nokia, Ericsson to battle Huawei
The tenuous relationship between the United States and the Chinese telecommunication giant, Huawei is about to take…