Okomu Oil, Unilever light up Nigerian stock market, investors gain N36.7 billion

Value of shares traded by top 10 stockbrokers up 133% despite COVID-19, investors, Raging Bulls lift Brent Crude price by 10%

Investors gained N36.7 billion at the close of trading on the domestic equities market in Monday’s trading session, with market ...

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira strengthens against the dollar at I&E window, closes at N386 to $1

by Chike Olisah

May 15, 2020

The local currency strengthened by N0.58 against the dollar, compared to the N386.58 to a dollar that it traded on ...

Emirates Airlines, airport reopen, domestic flights, aviation, The nature of Nigeria's ban on Boeing 737 Max 8, FAAN commences renovations of Enugu Airport , Land dispute threatens reopening of Enugu Airport , Here is reason Turkish Airlines was allowed to land in Abuja, Aviation industry's 2019 GDP contribution hits N198 billion but 2020 will be worse

Aviation Minister orders NCAA, FAAN, others to relocate to Abuja in 45 days

by Abiola Odutola

May 15, 2020

NCAA, FAAN, NAMA, AIB, NiMET, are expected to relocate to Abuja within the given time frame stipulated by the Ministry ...

Nigeria Mining Sector shows growth prospect despite low bank credit provision, Gold hits eight-year high as global recession sentiments strengthened, Gold hits three weeks high, Investors rush to gold, Gold Future Drops to $1727.80 as Tensions Escalate between America and China, Precious metals slump, investors focus on Central Bank’s intervention, FG inaugurates gold refinery project in a landmark event

Gold records 3-week high, as investors rush to safe haven

by Olumide Adesina

May 15, 2020

Global investors rushed for the gold after mixed results coming from China’s economic data as well as the huge upsurge ...

NCDMB launches LPG Composite Cylinder Manufacturing plant in Bayelsa, IOCs, Nigeria, Timipre Sylva, crude oil, Minister proposes 2020 timeline for rehabilitation of Warri, Kaduna refineries , FG to cut huge energy cost through gas commercialisation initiative, FG discloses plan to sell fuel at N97 per litre , FG give reasons why it won’t allow marketers determine petrol price despite deregulation, FG explains reasons for deregulating downstream oil sector

FG gives reasons marketers are not allowed to determine petrol price

by Chike Olisah

May 15, 2020

‘’Anywhere in the world, if you want to buy anything, you have what is called the recommended retail price, the ...

Banks, Happy Jumping Photo by Val Vesa on Unsplash

Banks text customers to come and buy dollars

by Chike Olisah

May 15, 2020

These follow recent pronouncement by the CBN that it is ready to provide forex for investors who wish to repatriate ...

MTN Group Limited, MTN Nigeria to raise N100 billion through commercial paper , Will October be a month not to remember for MTN Nigeria? , Why MTN is being dragged to court by families of American soldiers ,MTN Group Ltd is confident its FY 2019 earnings will rise by 50%

COVID-19: MTN says it has put strict measures in place to preserve resources

by Emmanuel Abara Benson

May 14, 2020

"The group will continue to focus on business continuity and efficiency, and we have implemented strict measures to preserve resources ...

Jumia is optimistic of COVID-19 boost, despite poor Q1 2020 earnings report

by Emmanuel Abara Benson

May 13, 2020

"We are seeing unprecedented demand to join the Jumia platform, especially for named brands. We believe those dynamics will help ...

gtbank, stock market, Bulls dominate Nigerian bourse ASI up 0.74%, Investors gain N77 billion., Crude oil bulls lose steam, as COVID-19 cases hit record high

Mobil, Total, others fuel bulls to first gain of the week at Nigerian stock market

by Olumide Adesina

May 13, 2020

The stock market closed today on a positive note, gaining by +0.06% to close at 23,709.44 points as against -1.06% ...

Federal Government to activate full potentials of mining sector

FG discloses how it will finance N5.36 trillion budget deficit

by Abiola Odutola

May 13, 2020

FG intends financing the N5.36 trillion budget deficit through domestic, foreign loans and proceeds from privatisations.

Tag: Nigerian Business News