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Author: Markets Reporters

FEATURED Latest Stocks TOP STORIES 

Lafarge Africa expects second-quarter sales to drop

May 19, 2020May 19, 2020 Markets Reporters 0 Comments Khaled El Dokani, Lafarge Africa

Lafarge Africa Plc will freeze capital expenditure this year, the Chief Executive Officer, Khaled El Dokani, said on Tuesday after

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Economics FEATURED Latest TOP STORIES 

Oil output cut will deepen Nigeria’s economic recession – Fitch

May 18, 2020May 18, 2020 Markets Reporters 0 Comments

Nigeria’s adherence to oil production cuts under the OPEC+ agreement will lead to deeper economic contraction and fiscal deficits and

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FEATURED Latest Money TOP STORIES 

New database, Debtors Africa, launched to expose defaulting debtors

May 18, 2020May 18, 2020 Markets Reporters 0 Comments Debtors Africa, Proshare

Debtors Africa, a searchable database of recalcitrant and delinquent debtors in Africa, has been launched, alongside a report on the

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Energy FEATURED Latest TOP STORIES 

Total abandons plan to acquire Ghana oil assets

May 18, 2020May 18, 2020 Markets Reporters 0 Comments Ghana assets, Occidental Petroleum, Total

Total has announced its decision to discontinue the acquisition of Occidental Petroleum’ assets in Ghana on the back of “extraordinary

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FEATURED Latest Stocks TOP STORIES 

Lafarge Africa profit grows by 157% in Q1

May 17, 2020May 17, 2020 Markets Reporters 0 Comments Khaled El Dokani, Lafarge Africa

Lafarge Africa Plc posted a 157 per cent increase in profit after tax in the three months ended March 31,

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FEATURED Latest Thinkpiece 

Bridging Nigeria’s electricity deficit through mini-grids

May 17, 2020May 17, 2020 Markets Reporters 0 Comments Dr Ayodele Oni, Mini-grids

By Dr Ayodele Oni Research has shown that there is a strong correlation between economic growth and availability of affordable

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Energy FEATURED Latest TOP STORIES 

NLNG marks 31st anniversary, generates $108bn in revenue

May 17, 2020May 17, 2020 Markets Reporters 0 Comments NLNG

The Nigeria LNG Limited is marking the 31st anniversary of its establishment today, saying it has generated over $108bn in

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Energy FEATURED Latest TOP STORIES 

I’ve enjoyed 29 years of working in NNPC, says Kyari

May 17, 2020May 17, 2020 Markets Reporters 0 Comments Mele Kyari, NNPC

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, says he has enjoyed every moment of

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FEATURED Latest Stocks TOP STORIES 

Transcorp reports N956m loss as COVID-19 hits hospitality business

May 17, 2020May 17, 2020 Markets Reporters 0 Comments COVID-19, Hospitality business, Transcorp

Transnational Corporation Plc has reported a loss of N956.74 million for the quarter ended March 31, 2020 as its hospitality

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Energy FEATURED Latest TOP STORIES 

Total Nigeria posts N163m quarterly loss

May 16, 2020May 16, 2020 Markets Reporters 0 Comments Total Nigeria

Total Nigeria Plc, a subsidiary of French oil major Total Group, posted a loss of N163.22m for the quarter ended

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