Investors at the Nigerian Stock Exchange (NSE) have continued to reap the positive effects of recent rate cut by the Central Bank of Nigeria (CBN) which...
By CardinalStone Research Analysts ________________________________ While a few others are reeling… In our view, Flour Mills of Nigeria Plc (FMN) looks set to record strong traction...
Bullish sentiments were sustained on the local bourse at the start of the week, as interest in MTN Nigeria (2.0 per cent), WAPCO (6.3 per cent)...
Skyway Aviation Handling Company Plc (SAHCO), reported revenues of N3.1 billion in the second quarter of 2020 compared with N3.5 billion in the same period in...
Fresh loan disbursements expected from the World Bank, African Development Bank and Islamic Development Bank may raise Nigeria’s total public debt stock to N31.699tn in coming...
The power generation statistics for 2019 reflected that a total of 33,448,633 MWh of energy was generated by power stations, the National Bureau of Statistics (NBS)...
By Hussein Sayed ____________________ Equity markets in Asia along with European and US futures edged slightly higher early Monday as investors grapple with many variables that...
Management of the Nigerian Stock Exchange (NSE) has lifted suspension placed on shares of R.T Briscoe Nigeria Plc following fulfillment of financial account filing obligations by...
The Central Bank of Nigeria (CBN) has said it will pursue expansionist monetary policies to save the country from economic headwinds and combat recession. God Emefiele,...
In sharp contrast to the record sell-offs across global markets, Nigerian equities recorded their best weekly performance in four months, crossing 26,000 points for the first...
Market Update for the Week Ended September 25 and Outlook for Sept 28-Oct 2 By Investdata Analysts Equity prices in the last full trading week of...
The presidency has promised to submit the long-awaited Petroleum Industry Bill (PIB) to the National Assembly in two or three weeks, sources have said at the...
Thirteen our of 36 Nigerian states are fiscally distressed as they lack the revenue capacity to fund their recurrent revenue in 2019, according to the 2020...
Oil marketers on have decried losing over N320 billion worth of investments as a result of government imposed product prices. The marketers under the aegis of...
R.T. Briscoe, the pioneer dealer of Toyota automobiles, suffered a loss of N618.9 million in the first half of 2020. The loss increased by 84%, when compared to the...
The African Development Bank (AfDB) today held a workshop to convey the continent’s immense investment and partnership opportunities to Asian business leaders, particularly as the continent...
The Debt Managemy Office (DMO) has disclosed that the federal government’s bonds for the month of September worth N145 billion have enjoyed over 148 per oversubscription...
The Federal Government has put up for sale a jet in the presidential fleet, Hawker 4000 aircraft with registration number, 5N-FGX/: RC 066. The business-size jet...
Being a shareholder of Dangote Cement Plc must have been rewarding as the company disclosed that it has paid over N1 trillion as dividend to its...
By Lukman Otunuga Grab your popcorn and find a cosy seat ahead of the latest Purchasing Manager Index (PMI) data from Europe, United Kingdom and the...