Economy - Page 1769

NGX All-Share Index Falls Below 100,000 points After 0.80% Midweek Loss

April 17, 2024

By Dipo Olowookere The free-fall of the Nigerian Exchange (NGX) Limited depleted the All-Share Index (ASI) below 100,000 points on Wednesday after it closed

Economy

UK Stocks Slump on Carney’s Dovish Remarks

June 20, 2017

Dipo Olowookere

**As German, French Stocks Rise By Investors Hub European stocks turned mixed on Tuesday following the rally seen in the previous session. The United

Economy

Futures Pointing to Roughly Flat Open on Wall Street

June 20, 2017

Dipo Olowookere

By Investors Hub The major US index futures are pointing to a roughly flat on Tuesday following the strength seen in the previous session.

Economy

Ecobank Shareholders Okays $400m Convertible Bond

June 20, 2017

Dipo Olowookere

By Dipo Olowookere Shareholders of Ecobank Transnational Incorporated (ETI) have approved the issue of close to $400 million in convertible bonds proposed by the

Economy

Nigeria’s First Diaspora Bond Yields $300m with 130% Oversubscription

June 20, 2017

Dipo Olowookere

By Dipo Olowookere Director General of the Debt Management Office (DMO), Dr Abraham Nwankwo, has disclosed that the first diaspora bond issued by the

Economy

IMF Okays $225m Funding Package for Côte d’Ivoire, Disburses $138m

June 20, 2017

Dipo Olowookere

By Dipo Olowookere A funding package of about $224.8 million has been approved for West African country, Côte d’Ivoire. The approval followed completion of

Economy

DSS Frees Ifeanyi Ubah of Capital Oil

June 20, 2017

Dipo Olowookere

By Dipo Olowookere Managing Director of Capital Oil and Gas Limited, Mr Ifeanyi Ubah, has finally been released by the Department of State Security

Economy

Nigerian Stocks Sustain 5-Day Rally, Post N83b Gain

June 20, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Trading session on the floor of the Nigerian Stock Exchange (NSE) finished higher on Tuesday by 0.71 percent with investors still

Economy

CBN Plans New Forex Retail Window, Sells $50m to SMEs

June 20, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka A new forex exchange retail option is being planned for introduction into the forex market by the Central Bank of Nigeria

Economy

Julius Berger Nigeria Delves into Oil & Gas

June 20, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka One of the leading construction firms in Nigeria, Julius Berger Nigeria Plc, has diversified into the lucrative oil and gas industry.