The total debt profile of Asset Management Corporation of Nigeria (AMCON) to the Central Bank of Nigeria (CBN) may spike to hit N7 trillion in the...
Says 4IR offers greater revenue-earning potential _________________________ Umar Danbatta, the executive vice chairman of the Nigerian Communications Commission (NCC), has underscored the centrality of economic diversification...
Amazon, Microsoft Azure, Google, Alibaba clouds pull 33% growth in Q3’2020 ____________________________ Due to the global pandemic and the shift to remote work, the migration to...
Despite sustaining weekly positive sentiments, the bullish momentum in the local bourse lost steam as investors took a breather to digest corporate earnings released thus far....
Market Update for November 4 By Analysts at Investdata Midweek’s transactions on the Nigerian Stock Exchange was mixed and volatile, extending the gaining momentum for the...
Starting a business is good, but sustaining the business to profitability is the hardest albeit most rewarding part of the business endeavour. The early stage of...
Nigerian equities on Wednesday rose marginally by 0.03 per cent amid sustained bargain hunting activity. The All-Share Index (ASI) increased by 8.41 absolute points, representing a...
Germany’s Lufthansa on Thursday posted a two billion euro loss in its third quarter as it prepares for a “hard and challenging winter” over lockdowns to...
Nigeria’s total Value Added Tax (VAT) generated so far in 2020 has hit N1.08 trillion within nine months, the Nigerian Bureau of Statistic (NBS) has revealed....
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will hit N38 trillion by December 2021. Ahmed said this...
The Nigerian local bourse rebounded on Tuesday, following significant interest in DANGCEM that led to 5.6 per cent, alongside CAP Plc and 23 other gaining stocks...
Following disclosure by Hadi Sirika on Monday that the federal government had approved the sum of N5 billion bailout fund to help airline operators and other...
Nigerian equities Sheds 0.17% as profit-taking returns Trading in the domestic equities market started the week and month on a sour note, as sell-offs of some...
COVID-19: FG approves N5bn bailout funds for airlines, others The Federal Government has approved the sum of N5 billion as a bailout for airline operators and...
The Nigerian Communications Commission (NCC) has granted approval for two mobile network operators (MNOs), MTN Nigeria and 9Mobile, to carry out a trial on the workability...
In the two-year period of 2020 and 2021, remittances to low and middle income countries will experience significant decline to the tune of $978 billion. This...
The Nigerian Stocks Exchange defied negative performance by most other stock exchanges in the global market as it ended activities for October in the green territory....
By Investdata Analysts October was a great trading month, as the Nigerian Stock Exchange (NSE) recorded its highest monthly gain since February 2018 with the benchmark...
MTN Group has announced a strong set of financial results for the third quarter of 2020 as its aggregate subscriber base soared to hit 273 million....
Mastercard has unveiled an AI-powered suite of tools designed to help banks assess cyber risks across their ecosystem and prevent breaches. Drawing on the capabilities of...