After a long battle, Akinwumi Adesina has been reelected to serve a second five-year term as President of the African Development Bank Group (AfDB) by the...
Rallies on equities at the Nigerian stock market sustained momentum on Wednesday as the market again advanced by 0.15 per cent to the delight of investors...
Samsung, Huawei in virtual tie as world’s favourite The global mobile smartphone market continued to react to the impacts of Coronavirus on the economy as the...
Vandalism, theft, denial of passage, fiber cuts to blame Regulator reads riot act to telcos ____________________________ The Nigerian Communications Commission (NCC) has called on all stakeholders...
Transsion brands claims 45.2% market share Samsumg shares 19%; Huawei 8.8% Smartphones: IDC predicts 4.2% growth in Q3; 4.4% in 2021 ___________________ Africa’s overall mobile phone...
The wide gap in the naira/dollar exchange rates in the different segments of the foreign exchange market is likely to be reduced when the Central Bank...
Companies around the world have raised a sum of $65.5 billion through Initial Public Offerings (IPOs) and highyield bond issuances so far in August. This set...
As Transcorp pulls 37.75 trade interest Investors in the Nigerian capital market closed activities on Tuesday on a profit of N33 billion as the equities segment...
The Central Bank of Nigeria has moved to curb abuse of forex acquisition by dealers as the apex bank banned with immediate effect involvement of third...
Nigeria’s Gross Domestic Product (GDP) has decreased by -6.10% (year-on-year) in real terms in the second quarter of 2020, ending the 3-year trend of low but...
Captains of the energy industry have converged recently to chart the way forward for successful energy transition in Africa. This concern shown by the industry players...
… 9Mobile emerges subscribers’ favourite … MTN, Glo, Airtel lost customers __________________________ Mobile Network Operators (MNOs) in Nigeria have exchanged among themselves a total of 82,634...
The country’s total export earnings fell by 14.9 per cent to $13.39bn in April due to decline in crude oil prices. The Central Bank of Nigeria...
Market Update for the Week Ended August 21 and Outlook for August 24-28 By Investdata Analysts The Nigerian Stock Exchange (NSE) witnessed a weak and mixed...
By Alonge David When the first news of COVID-9 was announced in Wuhan China in December, 2019, most people could not have projected its larger effect...
The Central Bank of Nigeria (CBN) disbursed lower denomination banknotes worth N237.14 billion to microfinance banks (mfbs), merchants, shopping malls, market associations among others in 2019,...
Indications are rife that the World Bank is currently mulling possible cut on the debt stock of poor countries, under the Debt Service Suspension Initiative, rather...
Midweek trading session on Wednesday closed in green as equities investment appreciated by N18 billion to sustain positive outlook from the previous session. Consequent of the...
An indigenous financial technology (FinTech) firm, CashBox, has seen a 40 per cent growth month-on-month between March and July this year which has pushed customers’ savings...
By Coronation Research Analysts From mid-March through to the beginning of this month, the Federal Government of Nigeria (FGN) bond market was a one-way bet, with...