Generator: Nigeria’s Manufacturers Spend N246bn on Fuel Lack of stable power supply continued to erode profitability in the manufacturing sector as most producers had to generate...
Fed Continues Wait-and-See Approach The Federal Reserve left interest rate unchanged at 2.5 per cent in its first monetary policy meeting of the year. According to...
Work at Lagos-Ibadan Standard Gauge Ongoing, NRC Insists Barring any further delay, the Managing Director of the Nigerian Railway Corporation (NRC), Fidet Okhiria, has disclosed that...
More Foreign Investors Eye Acquisitions in Nigeria’s Insurance Sector Strong indications have emerged that more foreign investors are eying acquisitions in insurance sector by investing in...
Oil Prices Gain Slightly After US Sanctions Venezuela Oil prices pared losses on Tuesday after Washington imposed sanctions on Venezuelan State-owned oil company, PDVSA. Brent crude,...
Ghana’s Cedi Eyes Record Low as Bank Cuts Rate to 2013 Low Ghana’s central bank unexpectedly cut its benchmark interest rate to a six-year low, bucking...
Failed Project: British Firm Drags FG Before US Court An engineering and project management firm based in the British Virgin Islands, Process and Industrial Developments Limited,...
Market Outlook Jan 28 – Feb 1 This week will set the tone for the rest of the year as investors await Federal Reserve position on...
Borrowing Cost: Malaysia Cancels $20bn China-Backed Rail Project Rising borrowing cost has forced Malaysia to cancel the US$20 billion East Coast Rail Link project with China...
NLC to Protest 27,000 Minimum Wage at National Assembly on Monday The Central Working Committee of the Nigeria Labour Congress on Friday said it would mobilise...