Home Business

Business

Nigerian Equities Market extends gains… ASI up 0.2%

The domestic equities market extended gains into the third consecutive trading session following price appreciation in STANBIC (+5.0%), GUARANTY (+1.9%) and ACCESS (+0.8%). As a result, the All-Share index...

NNPC records 43% drop in oil pipeline vandalism in May

The Nigerian National Petroleum Corporation (NNPC) has recorded an encouraging 43 per cent drop in cases of willful damage of its oil pipeline infrastructure...

Gains in Bellwethers boost stock market performance – ASI up 0.3%

Gains in bellwethers – ZENITH (+3.7%), GUARANTY (+1.3%) and NIGERIAN BREWERIES (+3.2%) – lifted the All-Share index 31bps higher to settle at 24,841.94 points. Thus, investors gained...

How 21 out of 36 states attracted zero investment in 4 months

About 21 states in Nigeria attracted zero investments in the last 4 months according to data from the Central Bank of Nigeria. Data available...

Revival of ailing industries will strengthen currency

Mr Promise Amahah, an economic expert says revamping ailing industries and economic diversification in the country will help to strengthen the value of the...
video

Dollar slips after political wrangling slows rally

A dollar rebound faltered on Tuesday as political wrangling over a United States relief plan and the gloomy outlook weighed on the currency. After its...

PAGMI – CBN’s purchase of locally produced gold’ll boost foreign reserves

The Presidential Artisanal Gold Mining Development Initiative, PAGMI, has assured that Central Bank of Nigeria’s purchase of locally produced gold will boost the nation’s...

ECOWAS faces imminent hunger as COVID-19 restrictions threaten farming

The Parliament of the Economic Community of West African States (ECOWAS) has warned that the region is facing an imminent hunger threat as COVID-19...
error: Alltechng Content is protected !!