Impressive Earning Reports Drive Equities to Positive Close The equities market recorded yet another positive close for second week in a row as investors continue to...
Rising Cost of Raw Materials Endangers Consumer Goods Giants Top consumer goods manufacturing companies listed on the Nigerian Stock Exchange, NSE, are facing deeper financial difficulties...
China Offers $72,460 to Whistleblowers China is tempting its citizens to become whistleblowers, but the carrots offered are not as rich as what Nigeria has offered...
Expiring Licences Threaten Bid for Nation’s Local Refining Thirty-two companies granted licences to establish (LTE) and approval to construct (APC) private refineries with a combined capacity...
Nigeria Loses Fortunes to Over-dependence on Lagos Ports The over-dependence on the Lagos seaports may be doing the economy more harm than good, as investigations revealed...
Hurdles for Local Carriers as Foreign Airlines Dominate Lagos Local carriers operating on the international route are faced with fresh hurdles as fellow African airlines now...
Global Stocks Mixed as Yen and Won Drop, Oil Gains Global stocks were mixed, with a falling yen pushing shares higher in Japan while Korean shares...
Dollar Enjoys Support From Dudley Comments Before Yellen Q&A A post-U.S. payrolls rebound in the dollar and Treasury yields kept driving thin markets on Monday before...
Egypt Declares State of Emergency After Fatal Church Attacks Egyptian President Abdel-Fattah El-Sisi declared a three-month state of emergency and created a powerful new anti-terrorism body...
Libya Biggest Oil Field Said to Shut for 2nd Time in Two Weeks Libya’s biggest oil field was said to stop producing, just one week after...