BUSINESS
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Why We Replaced Top Management Cadre by NNPC
The Nigerian National Petroleum Corporation (NNPC) has explained the reasons behind its recent replacement of top management cadre within the…
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Oil Prices Rise after OPEC agrees to keep Output Cuts
Oil price hit multi-week highs on Monday after OPEC indicated it was likely to maintain production cuts that had helped…
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Nigeria’s External Reserves hit $45bn
Nigeria’s external reserves have rallied and hit $45bn mark in May 2019. This is according to data obtained from the…
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Nigeria’s GDP growth drops in Q1 2019
The National Bureau Statistics said on Monday that Nigeria's economy expanded more slowly in the first quarter of 2019 than…
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Stock Market Records Highest Gains in three months
The nation’s stock market recorded its highest gain since February 12 last week as the market capitalisation of equities rose…
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NSE gains N1.9 trillion as MTN Lists 20.35 billion Shares
The market capitalisation of equities listed on the Nigerian Stock Exchange rose by N1.90tn on Thursday after MTN Nigeria Communications…
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Nigeria’s Inflation Rises to 11.37 percent, says NBS
After monthly consecutive drop since January, the Consumer Price Index (CPI), which measures inflation rose to 11.37 per cent year-on-year…
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Senate Confirms Godwin Emefiele for Second Term
The senate committee on banking, insurance and other financial institutions has approved the reappointment of Godwin Emefiele as governor of…
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71 affiliates including Huawei placed on U.S. trade blacklist
The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called…
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Forecast shows consumer spending on technology could hit $1.32trn in 2019
Consumer spending on technology could hit $1.32 trillion in 2019, a new International Data Corporation, IDC, spending guide forecasts shows.…
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