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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.

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Nigeria Prepares To Re-enter The Eurobond Market. Wise Decision?

Ayodeji Ebo, Head of Retail Investments at Chapel Hill Denham, spoke to the Global Business Report about Nigeria’s decision to re-enter the Eurobond market to borrow money to plug her

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Can The World Bank Assist Nigeria In Lifting 100m People Out Of Poverty?

Omosuyi Temitope, Investment Strategist at Afrinvest Securities, spoke to the Global Business Report about the World Bank’s intention to assist Nigeria in lifting 100m people out of poverty. Is that

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COVID: FG may miss N2trn oil revenue target — Agusto Consulting

By Nkiruka Nnorom There are indications that the Federal Government may not meet the N2.01 trillion oil and gas revenue target as encapsulated in the 2021 budget over low energy

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NB invested N36bn in Nigeria in 2020

A map of Nigeria *Proposes N7.7bn scrip dividend By Peter Egwuatu & Providence Adeyinka Nigerian Breweries (NB) Plc said it expended over N36 billion in capital investment into its operations

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Nigeria: Dangote, Flour Mills, BUA at War Over New Sugar Refinery

Africa’s richest man and Chairman of Dangote Industries Limited, Alhaji Aliko Dangote, and the Chairman of Flour Mills of Nigeria Plc, Mr. John Coumantaros, have said the establishment of a

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Dangote, Flour Mills, BUA in bitter sugar war

By Kenneth Ehigiator Three Nigerian conglomerates – Dangote Group, Flour Mills and BUA Group are currently locked in a bitter war over production and export of sugar.  Chairman of Dangote

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Why we restored financial services channel — MTN

MTN Nigeria has shed more light on the negotiations that trailed the suspension and restoration of digital banking services last week. In a statement yesterday, the telecom giant said it

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CBN gets order to freeze 194 accounts in 17 banks

CBN By Henry Ojelu    The Central Bank of Nigeria, CBN has secured three separate interim orders from a Federal High Court in Abuja to freeze bank accounts linked to

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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