Tokyo shares close at record high
Tokyo shares closed at all-time highs on Thursday, tracking records on Wall Street where bullish global investors drove US tech firms higher. The benchmark Nikkei 225 index climbed 0.82 percent, or 332.89
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FMDQ admits Coronation Merchant Bank’s N11.36b commercial paper
FMDQ Securities Exchange Limited (FMDQ Exchange), through its board listing and market committee, has approved the quotation of Coronation Merchant Bank Limited ₦11.36 billion Series 18 commercial papers....
Leveraging tech space to oil Lagos economy
As the saying goes, whatever has a beginning must have an end. Perhaps, one of those transient entities with an expiry date around the corner is crude oil.
African airlines see rising demand as global air cargo surges by 12%
New data for the global air cargo market has shown a general increase in demand for African airlines among the top gainers. The International Air Transport Association (IATA) cargo market report for
NCC to unveil new voice tariff between local, international operators
The Nigerian Communications Commission (NCC) has concluded the process for determining the cost-based price of mobile International Termination Rate (ITR) to ensure healthy competition on traffic handling for voice ....
Renewed exploration pushes Nigeria’s gas reserves to 206.53tcf
Nigeria’s proven gas deposits has risen to 206.53 trillion cubic feet (tcf) from the 203.16tcf declared last year, the Department of Petroleum Resources (DPR) said yesterday, in Abuja.
NCC charges Nigerian youths on responsible Internet usage
The Nigerian Communications Commission (NCC) has urged Nigerian youths to leverage Internet/broadband access to unleash their potential for innovation and creativity, as well as their quest for job opportunities and skills acquisition.
UBA, DEG seal $50m loan deal to support small businesses in Nigeria
United Bank for Africa (UBA) Plc, and Deutsche Investitions- und Entwicklungsgesellschaft mbH, a German Development Finance Institution, have entered into a partnership aimed at supporting small and medium scale businesses (SMEs) in
NESG raises concerns about government’s policies on FDI inflow
The Nigerian Economic Summit Group (NESG) has emphasised the need to embrace and support digital economy, stating that despite the inflow of investment into the sector....
Nigeria’s output down to 1.38mbpd in May as OPEC sees more demand in H2
Nigeria’s oil production output dropped to 1.388 million barrels per day, from the 1.46mbpd it pumped in April according to data from secondary sources in the monthly report released by Organisation of
Positive sentiments persist on NGX as capitalisation rises by N20 billion
The bullish sentiments persisted, yesterday, as the Nigerian Exchange Limited (NGX) market extended gains to three consecutive sessions, causing market capitalisation to rise further by 0.10 per cent.