Economy - Page 1604

NGX Index Down 0.06% on Sustained Profit-Taking in Banking Equities

April 19, 2024

By Dipo Olowookere More profit-taking in banking equities kept the Nigerian Exchange (NGX) Limited in the domain of the bears by 0.06 per cent

Economy

Oil Price Rises Above $65 per barrel

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The price of Brent crude oil has risen above $65 per barrel at the global market on Tuesday amid drop in

Economy

FG Releases Fresh N750b to MDAs for Capital Projects

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The sum of N750 billion will be released this week by the Federal Government to Ministries, Departments and Agencies (MDAs) of

Economy

Prysmian to Acquire General Cable for $3b

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka World leader in the energy and telecom cable systems industry, Prysmian Group is set to acquire $3 billion worth General Cable

Economy

Excitement as DMO Redeems Maturing N198b Maturing T-Bills

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Market operators have received, with excitement, news of the Debt Management Office (DMO) disclosing that it would redeem maturing treasury bills

Economy

30 French Firms Plan to Invest in Nigeria

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka No fewer than 30 French companies have indicated their interest to invest in the Nigerian economy as a result of the

Economy

Acting SEC DG Vows to Prioritise Workers’ Welfare

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Acting Director General of the Securities and Exchange Commission (SEC), Mr Abdul Zubair, has reiterated his commitment to give adequate attention

Economy

T-Bills Yields Drops to 15.54% as Overnight Rate Falls to 4.08%

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The treasury bills market was bearish on Monday as activities resumed, leaving the average yields to fall at the close of

Economy

Nigeria’s Imports Fall to N2.4tr, Exports Rise to N3.6tr in Q3 2017—NBS

December 12, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka The total value of goods imported into Nigeria in the third quarter of 2017 stood at N2.35 trillion, representing 10.51 percent

Economy

Will Credit to Private Sector Rebound in 2018?

December 11, 2017

Modupe Gbadeyanka

By United Capital Research After the Nigerian economy slipped into recession in Q2-16, policy efforts have been broadly geared at restoring business confidence and