Category: Business
Forex: Dollar on back foot after soft data fans bets on dovish Fed
The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months...
Oil slips on economic slowdown, as OPEC-led cuts still support
Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer...
AMCON outsourced 6,000 accounts to AMPs worth N740billion – Kuru
Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, hinted that AMCON may disengage Asset Management Partners (AMPs) that...
41Billion barrels of crude oil remain untapped – Baru
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and...
‘Why Glo is supporting 2019 Africa CEO Forum’
Fully integrated telecommunications solutions provider, Globacom, says it decided to sponsor the 2019 Africa CEO Forum because of its desire to help Africa transform its...
Naira gains marginally against dollar at parallel market
The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The News Agency of Nigeria (NAN) reports...
12 ships arrive Lagos ports with petrol, other products
Twelve ships carrying various products have arrived Apapa and Tin-Can Island ports waiting to berth, the Nigerian Ports Authority (NPA) said on its daily publications on...
Ronaldo Factor? ‘Juve’ shares soar after UCL win against A/Madrid
Juventus shares soared more than 20 per cent and were on track for their biggest one-day gain in five and half years on Wednesday. The Italian soccer team overturned a...
Port Harcourt Disco starts new electricity payment system in four states
The Port Harcourt Electricity Distribution Company (PHED) says it has hired a new electricity collection agent to ensure easy payment of electricity bills by customers...
Sterling soars after Brexit deal changes
Sterling rallied on Tuesday on speculation that British Prime Minister Theresa May might be closer to securing approval for her Brexit deal after the European Commission...
