41 ViewsActivities on the Nigeria bourse extended its positive rally after today’s transactions, helped by price appreciation in MTNN and DANGCEM stocks. Industrial Goods, Banking and Oil&Gas sector also recorded positive sentiment. However, market...
157 ViewsThe insurance sector regulator, the National Insurance Commission (NAICOM), yesterday announced a major increase in the minimum paid-up share capital of insurance and reinsurance firms. Under the new capital regime, life insurance underwriting...
32 ViewsNigeria will have about 30 years to repay the World Bank the $350 million it borrowed from it to fund the expansion of access and supply of electricity to rural communities, educational institutions...
26 ViewsThe nation’s crude oil exports have suffered a fresh setback following a fire outbreak on the Trans Forcados Pipeline, one of the nation’s key export routes. One of our correspondents learnt that the...
54 ViewsMTN Nigeria Communications Limited has paid a total of N235bn out of the N330bn fine imposed on the mobile telecommunications operator in August 2015 by industry regulatory agency, the Nigerian Communications Commission. Executive...
11 ViewsOil prices edged up on Tuesday on escalating tensions between the United States and Iran and on signs that producer club OPEC will continue withholding supply this year. However, gains were checked by...
8 ViewsBank of Japan Governor Haruhiko Kuroda on Tuesday warned that escalating U.S.-China trade tensions could hurt business sentiment and inflict widespread damage on the economy. Worries that the United States and China were...
4 ViewsAsian shares wobbled near four-month lows on Tuesday on mounting worries the White House’s black-listing of Chinese telecom giant Huawei Technologies could further inflame already tense relations between Washington and Beijing. MSCI’s broadest...
