As local currency plunges further to N460/1$ _____________________________ Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has blamed loss of value by the country’s...
The consumer price index, (CPI) which measures inflation increased by 13.22 per cent Year-on-year (YoY) in August 2020 according to the latest report by the National...
The federal government of Nigeria is working to create at 1.5 million construction jobs and 1 million supply jobs in the next five years via a...
The federal government of Nigeria has launched an initiative as part of the Economic Sustainability Plan (ESP) to achieve the roll out of 5 million new...
Monday’s trading on the Nigerian Stock Exchange (NSE) closed slightly higher on increased buying wave in manufacturing and banking stocks that pushed the composite All-Share index...
As stocks gain N7bn ______________________ Trading activities on the shares of GUARANTY, Stanbic IBTC and MTN Nigeria were responsible for increased value of traded stocks on...
Participants at a webinar to organised by the African Development Bank (AfDB) have reaffirmed the the claim that despite incursion of coronavirus pandemic that disrupted the...
Operations of Arik Air were on Monday shut down by the aviation unions over alleged non-payment of staff salaries since April after placing many of the...
The Nigerian Electricity Regulatory Commission has directed power distribution companies to collect an average of about 85.84 per cent of the newly increased electricity tariffs from...
Despite the lockdown introduced by the Federal Government to contain the COVID-19 pandemic spread, top 10 exporters in Nigeria have earned $74.78 million from export proceeds...
Market Update for the Week Ended September 11 and Outlook for Sept 14-18 By Investdata Analysts The Nigerian stock market had a mixed performance in the...
By Hussein Sayed After entering correction territory on Tuesday with an 11% decline from the highs, the c 100 rebounded strongly on Wednesday rising 3% and...
Turnover volume tumbles by 44.5% ___________________________ The Nigerian stock market closed on a marginal loss of N7 billion last week, resulting from a showdown between bargain...
In a bid to bolster local production, importers of food items and fertilisers in Nigeria have been disqualified from accessing forex in the vault of the...
By Investdata Analysts Equity prices closed higher Thursday on the Nigerian Stock Exchange (NSE) as banking stocks rebounded, after their three trading sessions of selloffs and...
The Nigerian equity market has rebounded to close in the green territory on Thursday as investors’ interests in undervalued stocks beefed up. The development led to...
Four days after the Central Bank of Nigeria (CBN) had resumed partial sales of dollar to Bureau De Change (BDC) operators in the country, the local...
Nigerian government is now thinking about privatising it's four refineries by selling majority stakes that it had hold done to over the years
The S&P 500 edged higher in volatile trading on Thursday as investors cautiously bought heavyweight tech-related stocks after a recent selloff while awaiting more coronavirus fiscal...
FG holds 81.52% of nation’s total public debt Lagos, Rivers, Akwa Ibom top other states External debt at N11.36trn or 36.65% Domestics debt at N19.65rtn or...