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NSE maintain bearish trend despite listing of Ellah Lakes additional shares

NSE: Market indicators sustain downtrend by 0.02%

The Nigerian equities market sustained negative trend on Wednesday with the market indices dropping marginally by 0.02 per cent. Speficially, the All-Share Index dipped 4.55...

Save “heavily-indebted” South African Airways – ANC

Heavily-indebted South African Airways (SAA) should be retained as a national airline but needs substantial restructuring, a top official in the governing African National...

Ghana VP, Osinbajo to headline Airtel Touching Lives premiere

The Vice President of the Republic of Ghana, Dr. Mahamudu Bawumia, will join his Nigerian counterpart, Prof. Yemi Osinbajo, as Special Guest of Honour...

Africa must embrace global value chains to boost national incomes – World Bank

The World Bank Group on Wednesday urged African countries to embrace global value chains to boost their national incomes. Pinelopi Goldberg, Vice President of development...

Africa needs massive capital investment in power, human resources to drive economic growth –...

Mr. Tony Elumelu, Chairman, United Bank for Africa (UBA), and Founder, Tony Elumelu Foundation has advocated massive private capital investment as well as increased...
CBN urges Nigerians to embrace its policies to entrench macro-economic stability

Close saving/lending rate gap to boost economy, Expert urges CBN

A financial expert, Dr Samuel Nzekwe, has advised the Central Bank of Nigeria (CBN) to reduce the disparity in the saving and lending rates...

Sociologist advocates adoption of Naira as ECOWAS single currency

A Sociologist, Prof. Lai Olurode, on Tuesday urged the Federal Government not to play second fiddle in terms of currency adoption as ECOWAS single...

UBA Connect set to deepen Intra-African Trade as customers can now make cash withdrawals...

Pan African financial institution, United Bank for Africa (UBA) Plc, on Tuesday, announced the official launch of a flagship product UBA Connect, a service that...
Shares maintain free fall, indices down by 0.49%

NSE market capitalisation loses N127bn amid profit taking in blue chips

Bears dominated trading on the Nigerian Stock Exchange (NSE) on Tuesday with investors net worth dropping by N127 billion due to profit taking. Consequently, the...
Union Bank’s mobile active users hit 1m in 2018

Union Bank raises N20bn through Commercial Paper

Union Bank of Nigeria (UBN) Plc has commenced bids for the issuance of Commercial Paper (CP) with 180-day and 268-day tenor to raise the...