The cryptocurrency market has suffered a massive loss, with $900m wiped out in the last 24 hours, data from Coinglass on Monday showed. Long positions accounted for $764m of …
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The Alternative Bank drives African growth with social impact capital
The Alternative Bank has reiterated its commitment to driving sustainable economic growth in Africa through its catalytic capital approach. A statement from the bank on Monday said that the …
Read More »CrediCorp boss hails firms’ interest in credit
The Chief Executive Officer of the Nigeria Consumer Credit Corporation, Uzoma Nwagba, has commended financial institutions for their interest in the scheme. In a statement made available to The …
Read More »NGX loses N93bn as global equity market tumbles
The Nigerian equity market shed N93bn on Monday, mirroring the broader global market decline. The All-Share Index and market capitalisation fell by 0.17 per cent to 97,582.41 points and …
Read More »NGX: Equities market begins week on bearish trend as investors lose N92bn
The Nigerian equities market began the week with bearish sentiment as investors lost N92bn at the end of trading session. This follows a dip in the share prices of stocks …
Read More »Amid biting scarcity, NNPC Ltd exports first shipment of new crude blend, Utapate to Spain
As Nigerians continue to battle biting fuel scarcity, the Nigerian National Petroleum Company (NNPC) Limited has launched the Utapate crude oil blend, a new crude oil grade, into the international …
Read More »Why Nigerian govt resorted to food importation – Agric minister
The Minister of Agriculture and Food Security, Abubakar Kyari, said on Sunday the Federal Government resorted to importation of food items due to the lean production season. The minister, who …
Read More »Bitcoin dips below $50k as global crypto market bleeds
The price of Bitcoin plunged below $50,000 on Monday, reaching lows not seen in over six months. The dip in the value of the digital assets followed a widespread global …
Read More »Presco, Total, Okomu Oil, Oando, others top list of stocks to watch this week
It was a missed results in the Nigerian equities market in the first trading for August. The bourse lost in three of the five trading sessions as the benchmark All-Share …
Read More »Minister laments poor international support for govt reforms
The Minister of Budget and Economic Planning, Atiku Bagudu, has expressed dissatisfaction with the inadequate support from international development partners, noting that the government had anticipated greater assistance for …
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