22.9 million smartphones were shipped across various countries on the African continent in the third quarter (Q3) of 2020, the International Data Corporation (IDC) ha reported....
Nigeria will join more than 80 other countries in participating at the 40th edition of the GITEX Technology Week holding from the 6th–10th December 2020. Nigeria’s...
AsMixed Trends Continue Market Update for December 3 ___________________________ By Investdata Analysts Again, Nigeria’s equity market suffered marginal losses on Thursday to continue pullbacks as traders...
Companies operating in the telecommunications sector such as MTN, Airtel, Globacom, 9mobile and others paid a total of N148 billion as income tax in the first...
The Nigerian equities market extends bullish run to commence a new month as the first trading session in the month of December was characterized with a...
The Federal Government yesterday, said it has waived import duty and Value Added Tax, VAT, valued at about N1.3 trillion in addition to other incentives in...
The global health crisis continues to take its toll on the aviation industry, creating uncertainty for airlines around the world. However, the African market is primed...
The Nigerian Stock Exchange (NSE) opened the week with positive trading on Monday resulting in N82 billion gain for investors in the domestic equities market. Specifically,...
Investors on the equities market of the Nigerian Stock Exchange (NSE) gained 30.55 per cent of their investment in 11 months, our correspondent can report. The...
The cost of air tickets along several routes have doubled due to the high demand for air travel in light of the rising insecurity in the...
President Muhammadu Buhari on Thursday in Abuja signed the 2021 budget or Appropriation Bill of N13,588,027,886,175 into law. The president’s action followed the earlier passing of...
The Total gross credit to the real sector of the Nigerian economy by the banks in the country has risen by 21 per cent in the...
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said Nigeria’s external reserves, which is currently at $35 billion, is sufficient to...
It was a broadly bullish performance on the local bourse, with mild gains recorded in three of the four trading days last week. Although, activity levels...
But bargain hunting ahead as year-end beckons ____________________________ Market Update for the Week Ended November 27 and Outlook for Nov 30- Dec 4 By Investdata Analysts...
In the light of COVID-19, next-generation automated teller machines (ATMs) that do not require users to touch them have berthed in Nigeria. FirstBank is spearheading the...
NAICOM licenses four new insurance firms Ending over 10 years of embargo on licensing of new insurance underwriting firms, the National Insurance Commission (NAICOM), at the...
FX market The naira accelerated its decline against the dollar by N7 to trade at N494 per dollar on Thursday, bringing the week to date depreciation...
The Nigerian equities market improved marginally on Thursday by 0.10 per cent as price appreciation witnessed in Guaranty (+2.6 per cent), IntBrew (+9.6 per cent) and Mobil Plc (+9.9 per cent)...
Paul Miyonmide Gbedebo, the Group Managing Director of Flour Mills Nigeria Plc (FMN) has staked the sum of N91.67 million on the shares of the company...