Category: Business

Oil edges up amid OPEC cuts, U.S. sanctions against Venezuela, Iran

Oil edged up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, although prices were prevented from rising further by...

“We’ll list on NSE before July- MTN

MTN Group on Thursday disclosed that it will list Nigerian Stock Exchange (NSE) in the first half of 2019, after recording very positive trade numbers in 2018 fiscal...

Dangote Flour emerges best performing stock on NSE in February

Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent...

CBN to issue loans at 5% to SMEs through NIRSAL MFB

The Central Bank of Nigeria (CBN), says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises (SMEs) through the NIRSAL Micro...

Dangote Flour emerges best performing stock on NSE in February

Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent...

NNPC to build fertilizer plants in Brass, additional power plants in Abuja, others

The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which is...

Access Bank, Diamond Bank shareholders approve merger

Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force. The...

Investment: LCCI urges FG to further liberalise Nigeria’s visa policy

The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to further liberalise Nigeria’s visa policy to attract more foreign investment to...

Whistle-blowers raise red flag on Electricity Trading Company, wants EFCC probe

The Nigeria Bulk Electricity Trading Company (NBET), has come under the searchlight of Nigeria’s leading coalition of whistle blowers. The corruption trackers want...

Oil drops as China cuts economic growth target, but OPEC-led cuts support

Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some...