Business News
Stock markets stumble into weekend
Stock markets largely stumbled Friday with traders taking their foot off the pedal before a much-anticipated earnings season that could give a fresh push to the recent global equities rally.
Hope for Nigeria as Africa awaits 428 new oil, gas projects
Nigeria, regarded as one of the biggest crude oil producers on the continent according to the report, conducted by a leading research body, GlobaData, is to receive over 23 per
Group laments N500m daily loss to stripping operation hiccup
A group of licensed customs agents under the aegis of Advocacy for Maritime Development Association (AMDA) has lamented that importers and clearing agents lose about N500 million daily to the
MTN, banks working on sustainable USSD pricing model
MTN Nigeria has said that it is currently engaging the banking community to align on a longer-term pricing structure for Unstructured Supplementary Service Data (USSD) platform. The post MTN, banks
Investors fleeing mining sites as bandits seize control
Nigeria is losing huge revenue as bandits infiltrate mining sites causing investors to flee the sector. Experts have warned that if the criminalities continue unabated, the global mining industry would
FG urged to protect oil price volatility with derivatives
Financial experts have urged the Federal Government to leverage opportunities in exchange-traded derivatives (ETD) to eliminate the risk associated with oil prices. The post FG urged to protect oil price
NSE sustains positive profile as capitalisation gains N13b
Trading on the Nigerian Stock Exchange (NSE) continued in an upward note, yesterday, as more blue-chip stocks appreciated, resulting in a further rise in market capitalisation by N13 billion. The
Passenger traffic declines by 74% over COVID-19 restrictions
Passenger traffic demand has declined by 74.7 per cent globally as countries mount various travel restrictions to check coronavirus new variants. The post Passenger traffic declines by 74% over COVID-19
‘Regulator should license MTN, Airtel to deepen mobile money’
To scale up Nigeria’s mobile money market to at the sub-regional front, the Central Bank of Nigeria (CBN) should extend licences to MTN and Airtel. The post ‘Regulator should license
Wabote says NCDMB will not invest in competitive private businesses
The Nigerian Content Development and Monitoring Board (NCDMB) would only partner with strategic policies and projects that are promoted by the Federal Government… The post Wabote says NCDMB will not
