Business News

Business and economic news from Nigeria and around the world.

stock, market, stock market, Nigerian Stock Exchange

The Stock Market closes in positive territory

September 2, 2019

The Nigerian Stock Exchange (NSE) ended Monday’s trading session in positive territory. The All-Share Index closed at 27,565.09 basis points,...

Treasury Market T-bills, African Finance Corp. issues $750 million 7-year Eurobond at lowest yield to date

Business News

Treasury Market Opens Bearish as Market Players React to Higher CBN OMO Rate

by Zedcrest Capital

September 2, 2019

The FGN Bond market opened the month on a firmly bearish note, with yields trending higher by c.14bps, as market...

Green Energy International Limited, Otakikpo marginal field

Business News

Green Energy International to conclude negotiation of 1 million barrels per day oil terminal construction

by Damilare Famuyiwa

September 2, 2019

Green Energy International Limited has disclosed that negotiations for the commencement of engineering, procurement and construction of the one million...

Facebook’s employees protest over Mark Zuckerberg’s stance on President Trump’s post ,Facebook's cryptocurrency, Tech Hub, Here is why Facebook is under probe again, Facebook Accelerator Nigeria Opens with Season Two Bootcamp, Nigerian, Ghanian startups to participate in Facebook Accelerator Programme , Facebook acquires tech startup , Facebook deletes multiple accounts in Nigeria, others , COVID 19: Facebook provides free Ads to help WHO combat Misinformation

Business News

Here is why Facebook’s cryptocurrency will threaten Europe if launched

by Joseph Olaoluwa

September 2, 2019

Facebook's cryptocurrency, Libra has met a few stumbling blocks since it was announced about three months ago.

U.S stock futures trade flat, Apple regains $2 trillion market value, Apple iPhone 11, Tax battle: Apple challenges $14 billion court case , Apple to pay $500 million settlement in lawsuit over slow iPhones, Apple supplier Foxconn to reopen manufacturing base in China, Apple donates 10 million face masks to healthcare workers, App developers can now challenge Apple store guidelines

Business News

Apple to launch iPhone 11 on September 10

by Chidinma Nwagbara

September 2, 2019

Apple Inc. has announced that its new generation iPhone 11 handsets will be launched on Tuesday, September 10. 2019.

Governor Fayemi explores investment options with the capital market, Nigerian Stock Exchange, Top 10 stockbrokers trade N120.4 billion worth of stocks in November , Law Union & Rock Insurance Plc Announces Notice of Board Meeting and Closed Period, NSE Hosts First Virtual Automated Trading System (ATS) Broker Certification Training Programme, Steroids from GTBANK, ZENITH Lift Nigerian bourse, as investors gain N94.2 billion, Nigerian bourse close flat, triggered by low market liquidity, Industrial index down by 5.7%, as shares of BUA, Lafarge, Dangote, others decline on NSE

Business News

Top 10 stockbroking firms on the NSE as at August 2019

by Bamidele Samuel Adesoji

September 2, 2019

Despite the slow momentum maintained on the Nigerian Stock Exchange (NSE) into the third quarter of year 2019, the top 10 stockbroking firms in terms of volume...

Business News

Toyota snubs Nigeria as it moves to establish assembly plants in Ghana, Ivory Coast

by Fakoyejo Olalekan

September 2, 2019

Toyota has chosen to establish its assembling plant in Ghana and Ivory Coast despite President Buhari's plea urging it to...

Business News

Ejikeme assumes duty as Executive Secretary of PTAD

by Chidinma Nwagbara

September 2, 2019

Dr Chioma Ejikeme has succeeded Sharon Ikeazor, the Minister of State for Environment as the Executive Secretary of Pension Transitional Arrangement Directorate (PTAD).