BUSINESS
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NGX: Bearish Monday as Investors lose N239bn
The Nigerian Exchange Ltd.(NGX) market capitalisation on Monday closed on a negative trend, losing N239 billion. Specifically, the market capitalisation…
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Voice, data services affected by undersea cable cuts 90% restored – NCC
Nigerian Communications Commission (NCC) says the voice and data services affected by the cable cuts have been restored. NCC’s Director…
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FG partnership with U.S firm to generate 50,000 jobs – Minister
The Federal Government’s partnership with a U.S Cybersecurity Institute, Lab Four, will generate 50,000 Business Process Outsourcing (BPO) jobs in…
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Commission lauds remarkable achievements at Calabar port
The Infrastructure Concession Regulatory Commission (ICRC), has lauded the remarkable achievements of Calabar Port irrespective the inherent challenges it has…
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Weekly report: Transcorp, GTCO, Access sustain equity market’s upward trend
Trading in the top three equities namely: Transnational Corporation (Transcorp), Guaranty Trust Holding Company (GTCO) and Access Holdings contributed significantly…
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Investors gain N582bn amid sustained buy interest
The Nigerian Exchange Ltd.(NGX) extended gains on Friday, causing investors’ wealth to grow further by N582 billion due to buy…
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Appointment of Eurobond transaction advisers subject to FEC, NASS approval – DMO
The Debt Management Office (DMO), says appointment of Transaction Advisers for issuance of Eurobond is subject to approval of the…
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Undersea cable cut: Mainone declares force majeure, takes steps for restoration
MainOne, a Digital Infrastructure Service Provider on Friday declared a force majeure, and explained steps taken to restore internet connection…
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FG requires $1.1bn reinvestment to renew concession agreement at Ports – Minister
The Federal Government requires about 1.1 billion dollars in reinvestment in the nation’s ports to renew the concession agreement. The…
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IMF board begins selection process for new managing director
The selection process for a new Managing Director for the International Monetary Fund (IMF) has begun, its Board Coordinators have…
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