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Economics FEATURED Latest TOP STORIES 

Nigeria, three others flirting with debt distress: Capital Economics

May 12, 2023May 12, 2023 Markets Reporters 0 Comments Capital Economics, Debt distress, Frontier markets

Nigeria, Kenya, Mozambique and Angola are teetering on the brink of debt distress as their bond spreads are around 1,000

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Economics FEATURED Latest TOP STORIES 

Naira will weaken to 500 per dollar by Dec: Fitch

May 12, 2023May 12, 2023 Markets Reporters 0 Comments BMI Research, Fitch Solutions company, naira, naira devaluation

Naira is expected to weaken to 500 per dollar on the official market at the end of this year, BMI

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FEATURED Latest Technology TOP STORIES 

Airtel Africa’s annual profit drops, dividend up 9%

May 11, 2023May 11, 2023 Markets Reporters 0 Comments Airtel Africa, Olusegun Ogunsanya

Airtel Africa Plc has reported a decrease of 0.6 percent in its net profit for the financial year ended March

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Energy FEATURED Latest TOP STORIES 

Court rejects oil drillers’ request to stop 1% Nigerian content levy

May 11, 2023May 11, 2023 Markets Reporters 0 Comments 1% NCDF levy, NCDMB, Simbi Wabote NCDMB

The  Federal   High   Court  sitting   in   Yenagoa,   Bayelsa   State, has   delivered   a 

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FEATURED Latest Stocks TOP STORIES 

Nigerian stocks end four-day winning streak

May 11, 2023May 11, 2023 Markets Reporters 0 Comments NGX, Nigerian stocks

The Nigerian stock market finished in the red on Wednesday, halting a four-day winning streak and erasing gains recorded in

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FEATURED Latest Stocks TOP STORIES 

Otedola sells 2.8 million shares in Geregu Power for N820.67m

May 10, 2023May 10, 2023 Markets Reporters 0 Comments Femi Otedola, Geregu Power

The Chairman of Geregu Power Plc, Mr Femi Otedola, has sold 2,823,092 shares out of his stake in the power

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FEATURED Latest Stocks TOP STORIES 

US cost-of-living crisis presents opportunity for stock investors – Study

May 10, 2023May 10, 2023 Markets Reporters 0 Comments Personalfinanceguru.com, US cost of living crisis, US stocks

The cost-of-living crisis in the United States presents “an opportune time for investors to buy stocks, according to a new

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FEATURED Latest Stocks TOP STORIES 

NGX CEO, Popoola, becomes fellow of stockbrokers institute 

May 9, 2023May 9, 2023 Markets Reporters 0 Comments Chartered Institute of Stockbrokers, Nigerian Exchange Limited, Temi Popoola

The Chartered Institute of Stockbrokers has inducted the Chief Executive Officer of Nigerian Exchange Limited, Mr Temi Popoola, as a

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Economics FEATURED Latest TOP STORIES 

Fitch affirms Nigeria’s rating at ‘B-‘, expects more reforms under Tinubu

May 9, 2023May 9, 2023 Markets Reporters 0 Comments Bola Tinubu, Fitch Ratings, Nigeria sovereign ratings

Fitch Ratings, a global credit rating agency, has affirmed Nigeria’s long-term foreign-currency issuer default rating (IDR) at ‘B-‘ with a

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FEATURED Latest Stocks TOP STORIES 

‘Two captains can’t man a ship’: Otedola says Elumelu bought him out of Transcorp

May 9, 2023May 9, 2023 Markets Reporters 0 Comments Femi Otedola, Tony Elumelu, Transcorp

The Chairman of Geregu Power Plc, Mr Femi Otedola, has opened up on why he sold the shares of Transnational

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