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Author: Markets Reporters

FEATURED Latest Stocks TOP STORIES 

Lafarge Africa gets new chairman as Balogun retires

May 8, 2020May 8, 2020 Markets Reporters 0 Comments Adeboye Adefioye, Lafarge Africa, Mobolaji Balogun

Lafarge Africa Plc announced on Friday that Mr Mobolaji Balogun has notified it of his intention to retire voluntarily as

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FEATURED Latest Stocks TOP STORIES 

Nigerian stock market ends nine-day gaining streak

May 8, 2020May 8, 2020 Markets Reporters 0 Comments Nigerian Stock Exchange

The Nigerian stock market closed on a negative note on Friday, after recording gains for nine straight trading days. The

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FEATURED Latest Stocks TOP STORIES 

Nigerian bourse commits N100m to tackle COVID-19

May 8, 2020May 8, 2020 Markets Reporters 0 Comments COVID-19, Nigerian Stock Exchange

The Nigerian Stock Exchange says it has committed N100 million to support the fight against coronavirus in Nigeria. The NSE

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FEATURED Latest Money TOP STORIES 

Foreign investors seek to exit naira assets, demand $1.8bn

May 8, 2020May 8, 2020 Markets Reporters 0 Comments CBN, Naira assets

Foreign investors are seeking to exit naira assets, with traders putting a backlog of demand for dollars at between $1.5bn

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Latest Money TOP STORIES 

Nigerian banks agree to suspend lay-offs

May 3, 2020May 4, 2020 Markets Reporters 0 Comments CBN, Lay-offs, Nigerian banks

Banks in Nigeria have agreed to suspend the retrenchment of workers in order to mitigate the negative impact of the

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Latest Money TOP STORIES 

South Africa’s deputy finance minister wants central bank to print money

May 3, 2020May 3, 2020 Markets Reporters 0 Comments South Africa

South Africa’s Deputy Finance Minister, David Masondo, has urged the central bank to temporarily create money to fund the government

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Latest Money TOP STORIES 

Poorest countries can now seek debt relief – World Bank

May 3, 2020May 3, 2020 Markets Reporters 0 Comments David Malpass, Debt relief, Poorest countries, World Bank

The President of the World Bank Group, David Malpass, has announced the beginning of a debt relief initiative for the

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Energy FEATURED Latest 

COVID-19: NNPC, partners break ground for hospital in Bayelsa

May 3, 2020May 3, 2020 Markets Reporters 0 Comments

The Nigerian National Petroleum Corporation and other operators involved in the oil and gas industry intervention initiative on COVID-19 have

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Energy FEATURED Latest TOP STORIES 

Nigerian oil, gas trainers face dearth of opportunities

May 3, 2020May 3, 2020 Markets Reporters 0 Comments NCDMB, OGTAN, Oil and gas training, Simbi WAbote

Oil and gas trainers in Nigeria will be badly hit by the twin challenge of the COVID-19 pandemic and low

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Economics FEATURED Latest TOP STORIES 

$3.4bn loan will limit fall in Nigeria’s forex reserves – Mati

May 2, 2020May 2, 2020 Markets Reporters 0 Comments $3.4bn loan, IMF, Nigeria

The International Monetary Fund’s Mission Chief for Nigeria, Amine Mati, in a conversation with ‘IMF Country Focus’, described the economic situation

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