Economy - Page 1557

OTC Exchange Rises 1.17% Amid High Trading Volume

May 18, 2024

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 1.2 per cent appreciation on Friday, May 17 amid a large trading activity

Economy

Heritage Bank Takes Agric Value Chain Campaign to Lagos-Kano Summit

March 5, 2018

Dipo Olowookere

By Dipo Olowookere Heritage Bank Plc has taken its campaign for concerted efforts for the growth of agribusiness and commerce in Nigeria to another

Economy

Fuel Subsidy Gulps N774m Daily Due to Smuggling—NNPC

March 5, 2018

Dipo Olowookere

By Dipo Olowookere Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr Maikanti Baru, has raised an alarm over the huge amount

Economy

Nigeria’s Total Imports in 2017 Drop 8.5% as Exports Rise 59.47%

March 4, 2018

Dipo Olowookere

By Dipo Olowookere Data released by the National Bureau of Statistics (NBS) have shown that in 2017, Nigeria exported more goods than it imported

Economy

Fitch Rates Seplat Proposed Dollar-Denominated Bond Issuance

March 4, 2018

Dipo Olowookere

By Dipo Olowookere Last week, one of the companies listed on the Nigerian Stock Exchange (NSE), Seplat Petroleum Development Company Plc (Seplat) announced its

Economy

Financial Stocks Contribute 71% to Equity Turnover Volume

March 4, 2018

Dipo Olowookere

By Dipo Olowookere A total turnover of 2.2 billion shares worth N39 billion in 24,657 deals were traded this week by investors on the

Economy

Nigeria’s Manufacturing Activity Expands 11th Consecutive Month

March 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka For the eleventh consecutive month, the Manufacturing PMI in the month of February expanded to close at 56.3 index points. However,

Economy

CBN Insists Investments in Cryptocurrency Illegal

March 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka For the umpteenth time, the Central Bank of Nigeria (CBN) has warned Nigerians to be wary of investments in cryptocurrency, stressing

Economy

Equity, Bond Markets Buoy Nigeria’s $12b Capital Inflow in 2017

March 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The total value of capital imported into the country in 2017 increased significantly when compared with two years ago. According to

Economy

FINCA Pioneers Digital Financial Inclusion Drive in Tanzania

March 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Efforts to bolster digital financial inclusion in Tanzania and indeed other countries in Africa have received a shot-in-the-arm following a productive

Economy

Groups Earmark $74m for SME Financing in Africa

March 3, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re-guarantee transaction of an amount of up

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