Shakeup in Unilever management following massive losses recorded in 2019
Last November, Unilever Nigeria announced the resignation of its CEO, Yaw Nsarkoh. Prior to his resignation, Mr…
Nigeria govt restructures cocoa industry to benefit from $67bn global market
The Federal Government (FG) is collaborating with the Governors of cocoa-producing states and other stakeholders to…
Recapitalisation: NAICOM plans to retain 70% local content
Equities listed on the Nigerian Stock Exchange generated a total turnover of 1.237 billion shares worth N22.76bn in…
7.5% VAT implementation begins February 1
The Federal Government will from Saturday (February 1) begin the implementation of 7.5 per cent Value Added Tax…
NSE Employees Donate Funds To Support WARIF Foundation
As part of its Employee Give-Back initiative, employees of The Nigerian Stock Exchange ("NSE" or "Exchange") have…
Firstbank wins mobile app, retail bank awards
First Bank of Nigeria Limited has been named 2019 “Best Mobile Banking App” and the “Fastest Growing Retail Bank”…
Coronavirus: European stocks sink as virus sparks investor panic
Europe’s main equity markets plunged at the open on Monday, mirroring losses elsewhere on investor panic over the…
Trump is threatening a damaging new trade war with the United Kingdom after Brexit
President Donald Trump is threatening to launch a damaging new trade war with the United Kingdom as the country…
Bonds look like they are flashing a warning for global markets
A key interest rate is moving to levels last seen in the fall when markets were worried about the trade war, and…
CBN raises Cash Reserve Ratio to 27.5%
The Central Bank of Nigeria has raised the Cash Reserve Ratio from 22.5 per cent to 27.5 per cent.
Briefing the…
Tax experts urged to leverage opportunities in Finance Act
Tax practitioners have been urged to leverage the many opportunities that abound in the new Finance Act.
For…
Banking sector gross credit grows by N2trn in 7 months — Emefiele
The Central Bank of Nigeria governor, Godwin Emefiele (CBN) says the Banking Sector Gross Credit has grown by two…
Central Bank of Nigeria appoints directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors.
A statement…
History shows China’s coronavirus impact on markets likely to be short-lived
As China’s Wuhan virus spreads, it is expected to continue slamming Chinese and other financial markets, but…
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All…
‘Taxpayers are leaving millions of dollars off their returns.’ Why Americans…
The Earned Income Tax Credit is designed to act as a cash infusion to low-income families. In fact, some experts…
Dangote Foundation empowers 34,000 women in Katsina
THE Aliko Dangote Foundation (ADF) has empowered no fewer than 34,000 vulnerable women from all the 34 local…
DFID spends £250m yearly on gender equality programmes
The Department for International Development (DFID), said it invests £250 million yearly for the promotion of…
Buhari directs trade minister to set up agro-allied industry in 36 states
The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to…
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All…
Analysts predict decline in T-bills, bond yield
Analysts at Cordros Capital Limited have said yields on Treasury bills and bonds are expected to decline by about…
Refineries recorded N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss…
ACCA study sees low economic confidence, debt risks
A gauge of the nation’s economic confidence in the fourth quarter (Q4) 2019, showed not just a dip, but a decline…
Oil firms to stake $30 billion on exploration this year
Globally, about $25 billion to $30 billion will be spent on oil exploration activities although cost-efficiency…
China stocks slide 3%, leading sharp losses for Asia as coronavirus spreads
Stocks in China were hit hard in Thursday with Hong Kong and Shanghai exchanges off 2% to 3% as the spread of the…
Africa is resurging, AfDB encourages global investors
The African Development Bank (AfDB), yesterday, told global investors that the continent is resurging with huge…
NSE: Market indicators sustain downtrend by 0.02%
The Nigerian equities market sustained a negative trend on Wednesday with the market indices dropping marginally by…
Currency issues least of ECOWAS integration process, says LCCI
Citing the need to address key fundamental issues and non-tariff barriers affecting regional trade among Economic…
Farmers to kick off N9 billion moringa plantation
Moringa farmers in partnership with a Nigerian firm has disclosed plans to flag off an N9billion Moringa oleifera…
Uganda Set To Produce First Oil Barrel
The General Electric Co.-led group picked to build a $3.5 billion refinery in Uganda is close to making a final…