Nigerian bourse gets final approvals for demutualisation
The Nigerian Stock Exchange has received final approvals of its demutualisation plan from the Securities and Exchange Commission and the
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Okonjo-Iweala calls for more vaccine production in developing countries
The Director-General of the World Trade Organisation, Dr Ngozi Okonjo-Iweala, on Tuesday, called on COVID-19 vaccine manufacturers to do more
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UBA leads losers as stock market reverses gain
The Nigerian stock market reversed Monday’s gain as the United Bank for Africa Plc and 20 other firms recorded price
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Naira tumbles to 484 against dollar at parallel market
The Nigerian currency extended its decline against the dollar on Tuesday at both the parallel market and the investors’ and
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3,903 jobs lost in six months, say Nigerian manufacturers
A total of 3,903 jobs were lost in the manufacturing sector in the second half of last year, the Manufacturers
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AfDB named world’s best multilateral financial institution
The African Development Bank has been named by Global Finance as the best multilateral financial institution in the world. The
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US oil production suffers largest annual drop amid COVID-19
The United States crude oil production averaged 11.3 million barrels per day in 2020, down 935,000 b/d (8 percent) from
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Sterling Bank appoints new non-executive directors
Sterling Bank Plc has announced the appointment of two non-executive directors, Mr Ankala Syam Prasad and Paritosh Tripathi. The bank
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Naira weakens to $482 as new CBN scheme begins
The Nigerian currency closed weaker against the dollar as the ‘Naira 4 Dollar Scheme’, introduced by the Central Bank of
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UBA profit rises 27.7%, customer deposits hit N5.68trn
The United Bank for Africa Plc has reported an increase of 27.7 percent in its profit after tax for the
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