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NSE’s All Share Index fell by 17.81 percent in 2018 – Onyema
Speaking on the outlook for 2019, Onyema said uncertainty in oil prices as well as the 2019 general election will drive the ...
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VFD Group divests from NEM Insurance
The VFD Group said it divested its N1.6 billion shareholding from NEM Insurance following a disagreement.
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Ghana discovers new oil field in offshore region
The oil field is estimated to contain up to 550 million barrels of oil equivalent.
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IFC partners West African stock exchange to boost corporate governance
Under the terms of the agreement, the IFC will help the BRVM design, develop, draft and implement a Corporate Governance Code.
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Application process opens for United Nations journalism fellowships
The Dag Hammarskjöld Fund for Journalists is available to radio, television, print and web journalists.
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AfDB approves equity investment in renewable energy fund
AfDB will invest $32.5 million in the Netherlands-based Construction Equity Fund.
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World Bank projects 3.4 percent GDP growth for sub-Saharan Africa in 2019
Nigeria's GDP growth rate is expected to rise from estimated 1.9 percent in 2018 to 2.2 percent in 2019 on the back of oil ...
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AfDB supports Nigeria's membership in African Trade Insurance Agency
AfDB said joining ATI will enable Nigeria to leverage its position to mobilize additional resources to finance trade, especially ...
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BUA Group signs agreement with Chinese firm to construct new cement plant
The deal with CBMI is for the construction of a new three million metric tonnes per annum Kalambaina Cement Line II in Sokoto ...
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Nigeria’s e-payments increase by 28.84 percent to N56.85 trillion
The report shows that ATM transactions grew from N4.61 trillion in 2017 to N4.76 trillion as at September 30, 2018.
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Nigeria’s foreign debt drops by 2 percent
The decline in external debt to $21.592 billion was largely due to the redemption of a $500 million Eurobond which matured on ...
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NSE launches artificial intelligence-powered chatbot
“With X-Bot, investors in our market can access on-demand market information, news and events on the activities of the ...
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Nigeria, others to record growth in Islamic finance
More than 100 countries are practicing Islamic banking and finance, including the UK, USA, Japan, Russia, Germany and South ...
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Annual migrant deaths in Mediterranean fall to 2,262 says UNHCR
The UN refugee agency stated that the influx of migrants and refugees continue to reverberate across the [European] continent.
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Lawrence Roberts, “father of the ARPANET” dies at 81
Dr. Roberts is recognised as one of the four founding fathers of the internet alongside Robert Kahn, Vinton Cerf and Leonard ...
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Children born in Nigeria in 2019 may only live to be 55 years old – UNICEF
On New Year’s Day, 25,685 babies were born in Nigeria, representing up to 6.5% of the estimated 395,072 babies to be born ...
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Nigeria’s internet users increase to 108.5 million
NCC also said total active mobile phone lines reached 169,104,830 in November 2018.
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New Nigerian airline signs $11.7 billion deal for 100 Boeing aircraft
Green Africa Airways said it aims to offer safe, quality and affordable air travel and be a significant contributor to the ...
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First Bank of Nigeria closes representative office in Abu Dhabi
The representative office in Beijing will now cater to customers in China, Middle East and the rest of Asia.
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NSE renews trading technology contract with Nasdaq
The NSE said it will continue to leverage Nasdaq’s matching engine technology for its equities and fixed income markets ...
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US agency discovers deadly Marburg virus in Sierra Leone
According to the CDC, Marburg virus is similar to Ebola virus, causing similar and often fatal disease in people.
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