Investors’ rally in Dangote, Nigerian Breweries, ETI sustains equities market bull run by 0.4 percent
Investors sustained a rally for Dangote Cement (+1.1%), Nigerian Breweries (+1.0%) and Eco Transnational Incorporated (+2.2%) stocks on Thursday to drive the gaining streak in the Nigerian Stock Exchange (NSE) to the sixth consecutive trading session. The All Share Index (ASI) thus closed 0.4 percent northwards to 30,583.21 points, as ...
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Nigerian Stocks
WORLD BUSINESS & ECONOMY
Moody’s projects higher economic growth rate for Nigeria than South Africa in 2019
January 16, 2019
157 views
With a projection of continued economic recovery in the region for the 2019 year, Moody’s, a ratings and research based organisation
Anger, despair in Zimbabwe as receding economy shatters Zimbabwe’s post-Mugabe prosperity hopes
January 15, 201960 views
Finance
Aruma Oteh, ex World Bank treasurer joins Eco Bank board
17 hrs73 views
Arunma Oteh the immediate past World Bank treasurer has been appointed as a non-executive director of Ecobank Transnational
Markets
NB debunks “fake Amstel Malta” claims
15 hrs37 views
In the wake of a video circulating the social media, alleging the existence of a ‘fake’ Amstel Malta in the market, the Nigerian
Companies & Business
Stanbic IBTC appoints Barend Kruger as Non-executive director
The Board of Directors of Stanbic IBTC Holdings PLC has announced the appointment of Barend Johannes Kruger as a non-executive
Energy, POWER & RENEWABLES
Global investment in solar, wind projects drops by 8 percent to $332 billion
Global investment in renewable energy projects dipped to $332.1 billion in 2018,down 8 percent from 2017, as a result of China’s
COMMODITIES & AGRICULTURE
550,000 rice farmers to get soft CBN loans as ‘compensation’ following 2018 floods
January 15, 201960 views
The Rice Farmers Association of Nigeria (RIFAN) said the Central Bank of Nigeria (CBN) has approved compensation via loans for over
Commodities exchange targets N4.3 b revenue in first year revenues in first year
January 11, 2019108 views
Media,Technology & Innovation
U.S. legislation steps up pressure on Huawei and ZTE, China calls it ‘hysteria’
A bipartisan group of U.S. lawmakers introduced bills on Wednesday that would ban the sale of U.S. chips or other components to Huawei
Manufacturing & Industry
Pfizer, Merck KGaA’s Bavencio takes a hit with second ovarian cancer failure
January 2, 2019209 views
Back in November, Pfizer and Merck KGaA reported that immuno-oncology drug Bavencio had failed a late-stage ovarian cancer trial. And
Novartis keeps promise, eyes new method for funding ultrapricey next-gen drugs
December 18, 2018391 views
Nigerian Bottling Coy plans doubling production to 75m units with new mega plant in Port Harcourt
November 15, 2018909 views
Nigeria Frontier Markets
Enugu pledges to improve its sub-national ease-of-doing business
January 17, 201969 views
…as Ugwuanyi inaugurates neurosurgical health facility Enugu, Nigeria’s south-eastern sub-national state, with an estimated gross
Governance, Policy & Politics
Kano invests N150bn in developing critical infrastructure, says governor Ganduje
January 17, 201961 views
By Jacob Ajakaiye, in Kano The Kano sub-national government in Nigeria on Thursday said it was expending over N150 billion (about
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The Business Traveller
Tripoli’s Mitiga airport resumes operations after 2-weeks of closure
September 26, 2018
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September 14, 2018
Press Release
Muntaqa Umar-sadiq, CEO of Private Sector Health Alliance, is Eisenhower 2018 Fellow
October 1, 2018993 views
Exchange Rates
| Date | Currency | Buy(₦) | Sell(₦) |
|---|---|---|---|
| 25/9/2018 | Dollar | 358 | 361 |
| 25/9/2018 | Euro | 415 | 420 |
| 25/9/2018 | Pound | 475 | 480 |
| 12/9/2018 | Dollar | 358 | 360 |
| 12/9/2018 | Euro | 410 | 415 |
| 12/9/2018 | Pound | 465 | 470 |
| 5/9/2018 | Dollar | 357 | 361 |
| 5/9/2018 | Euro | 410 | 416 |
| 5/9/2018 | Pound | 460 | 466 |
| 17/8/2018 | Dollar | 357 | 360 |
| 17/8/2018 | Euro | 405 | 412 |
| 17/8/2018 | Pound | 463 | 467 |
| 14/8/2018 | Dollar | 357 | 360 |
| 14/8/2018 | Euro | 408 | 416 |
| 14/8/2018 | Pound | 465 | 470 |
| 07/8/2018 | Dollar | 357 | 360 |
| 07/8/2018 | Euro | 409 | 414 |
| 07/8/2018 | Pound | 467 | 475 |
| 03/8/2018 | Dollar | 357 | 360 |
| 03/8/2018 | Euro | 412 | 418 |
| 03/8/2018 | Pound | 470 | 478 |
| 01/8/2018 | Dollar | 357 | 361 |
| 01/8/2018 | Euro | 413 | 418 |
| 01/8/2018 | Pound | 473 | 479 |
| 26/7/2018 | Dollar | 357 | 360 |
| 26/7/2018 | Euro | 413 | 418 |
| 26/7/2018 | Pound | 475 | 480 |
| 23/7/2018 | Dollar | 357 | 360 |
| 23/7/2018 | Euro | 415 | 420 |
| 23/7/2018 | Pound | 475 | 483 |
| 20/7/2018 | Dollar | 357 | 360 |
| 20/7/2018 | Euro | 415 | 420 |
| 20/7/2018 | Pound | 475 | 483 |
| 18/7/2018 | Dollar | 356 | 360 |
| 18/7/2018 | Euro | 414 | 418 |
| 18/7/2018 | Pound | 475 | 480 |
| 17/7/2018 | Dollar | 358 | 361 |
| 17/7/2018 | Euro | 414 | 418 |
| 17/7/2018 | Pound | 475 | 482 |
| 16/7/2018 | Dollar | 358 | 361 |
| 16/7/2018 | Euro | 414 | 418 |
| 16/7/2018 | Pound | 475 | 481 |
| 8/6/2018 | Dollar | 360 | 362 |
| 8/6/2018 | Euro | 415 | 421 |
| 8/6/2018 | Pound | 480 | 487 |
| 7/6/2018 | Dollar | 360 | 362 |
| 7/6/2018 | Euro | 415 | 422 |
| 7/6/2018 | Pound | 480 | 487 |
| 6/6/2018 | Dollar | 360 | 362 |
| 6/6/2018 | Euro | 417 | 420 |
| 6/6/2018 | Pound | 480 | 487 |
| 5/6/2018 | Dollar | 361 | 363 |
| 5/6/2018 | Euro | 418 | 420 |
| 5/6/2018 | Pound | 485 | 490 |
| 4/6/2018 | Dollar | 361 | 363 |
| 4/6/2018 | Euro | 418 | 420 |
| 4/6/2018 | Pound | 484 | 487 |
| 1/6/2018 | Dollar | 361 | 363 |
| 1/6/2018 | Euro | 416 | 420 |
| 1/6/2018 | Pound | 480 | 487 |
| 31/5/2018 | Dollar | 361 | 363 |
| 31/5/2018 | Euro | 423 | 426 |
| 31/5/2018 | Pound | 493 | 495 |
| 30/5/2018 | Dollar | 362 | 365 |
| 30/5/2018 | Euro | 423 | 428 |
| 30/5/2018 | Pound | 493 | 498 |
| 28/5/2018 | Dollar | 362 | 367 |
| 28/5/2018 | Euro | 425 | 430 |
| 28/5/2018 | Pound | 495 | 500 |
| 24/5/2018 | Dollar | 362 | 365 |
| 24/5/2018 | Euro | 425 | 430 |
| 24/5/2018 | Pound | 490 | 495 |
| 23/5/2018 | Dollar | 362 | 365 |
| 23/5/2018 | Euro | 425 | 430 |
| 23/5/2018 | Pound | 490 | 495 |
| 22/5/2018 | Dollar | 362 | 364 |
| 22/5/2018 | Euro | 423 | 430 |
| 22/5/2018 | Pound | 485 | 495 |
| 21/5/2018 | Dollar | 362 | 365 |
| 21/5/2018 | Euro | 425 | 430 |
| 21/5/2018 | Pound | 485 | 495 |
| 18/5/2018 | Dollar | 361 | 363 |
| 18/5/2018 | Euro | 425 | 428 |
| 18/5/2018 | Pound | 493 | 500 |
| 17/5/2018 | Dollar | 361 | 363 |
| 17/5/2018 | Euro | 425 | 430 |
| 17/5/2018 | Pound | 493 | 498 |
| 16/5/2018 | Dollar | 361 | 363 |
| 16/5/2018 | Euro | 425 | 430 |
| 16/5/2018 | Pound | 493 | 500 |
| 15/5/2018 | Dollar | 361 | 363 |
| 15/5/2018 | Euro | 425 | 430 |
| 15/5/2018 | Pound | 493 | 500 |
| 14/5/2018 | Dollar | 361 | 363 |
| 14/5/2018 | Euro | 427 | 430 |
| 14/5/2018 | Pound | 495 | 500 |
| 11/5/2018 | Dollar | 361 | 363 |
| 11/5/2018 | Euro | 425 | 430 |
| 11/5/2018 | Pound | 495 | 500 |
| 10/5/2018 | Dollar | 361 | 363 |
| 10/5/2018 | Euro | 427 | 430 |
| 10/5/2018 | Pound | 495 | 500 |
| 09/5/2018 | Dollar | 361 | 363 |
| 09/5/2018 | Euro | 430 | 435 |
| 09/5/2018 | Pound | 495 | 500 |
| 08/5/2018 | Dollar | 361 | 363 |
| 08/5/2018 | Euro | 432 | 435 |
| 08/5/2018 | Pound | 498 | 503 |
| 07/5/2018 | Dollar | 360 | 362 |
| 07/5/2018 | Euro | 430 | 437 |
| 07/5/2018 | Pound | 495 | 503 |
| 04/5/2018 | Dollar | 360 | 363 |
| 04/5/2018 | Euro | 436 | 442 |
| 04/5/2018 | Pound | 498 | 502 |
| 03/5/2018 | Dollar | 360 | 362 |
| 03/5/2018 | Euro | 440 | 443 |
| 03/5/2018 | Pound | 500 | 505 |
| 02/5/2018 | Dollar | 360 | 362 |
| 02/5/2018 | Euro | 440 | 443 |
| 02/5/2018 | Pound | 500 | 505 |
| 01/5/2018 | Dollar | 360 | 363 |
| 01/5/2018 | Euro | 440 | 443 |
| 01/5/2018 | Pound | 500 | 505 |
| 30/4/2018 | Dollar | 360 | 363 |
| 30/4/2018 | Euro | 440 | 443 |
| 30/4/2018 | Pound | 500 | 505 |
| 27/4/2018 | Dollar | 361 | 363 |
| 27/4/2018 | Euro | 440 | 444 |
| 27/4/2018 | Pound | 500 | 504 |
| 26/4/2018 | Dollar | 361 | 363 |
| 26/4/2018 | Euro | 439 | 443 |
| 26/4/2018 | Pound | 503 | 507 |
| 25/4/2018 | Dollar | 360 | 363 |
| 25/4/2018 | Euro | 442 | 444 |
| 25/4/2018 | Pound | 503 | 508 |
| 24/4/2018 | Dollar | 360 | 363 |
| 24/4/2018 | Euro | 440 | 444 |
| 24/4/2018 | Pound | 505 | 511 |
| 23/4/2018 | Dollar | 361 | 363 |
| 23/4/2018 | Euro | 440 | 444 |
| 23/4/2018 | Pound | 506 | 511 |
| 20/4/2018 | Dollar | 361 | 363 |
| 20/4/2018 | Euro | 440 | 443 |
| 20/4/2018 | Pound | 508 | 511 |
| 19/4/2018 | Dollar | 361 | 363 |
| 19/4/2018 | Euro | 441 | 444 |
| 19/4/2018 | Pound | 508 | 511 |
| 18/4/2018 | Dollar | 360 | 363 |
| 18/4/2018 | Euro | 440 | 444 |
| 18/4/2018 | Pound | 504 | 510 |
| 17/4/2018 | Dollar | 360 | 363 |
| 17/4/2018 | Euro | 442 | 445 |
| 17/4/2018 | Pound | 504 | 510 |
| 16/4/2018 | Dollar | 360 | 362 |
| 16/4/2018 | Euro | 442 | 444 |
| 16/4/2018 | Pound | 503 | 508 |
| 13/4/2018 | Dollar | 360 | 362 |
| 13/4/2018 | Euro | 440 | 443 |
| 13/4/2018 | Pound | 502 | 507 |
| 12/4/2018 | Dollar | 360 | 362 |
| 12/4/2018 | Euro | 440 | 443 |
| 12/4/2018 | Pound | 502 | 507 |
| 11/4/2018 | Dollar | 360 | 362 |
| 11/4/2018 | Euro | 442 | 444 |
| 11/4/2018 | Pound | 500 | 504 |
| 10/4/2018 | Dollar | 360 | 362 |
| 10/4/2018 | Euro | 438 | 445 |
| 10/4/2018 | Pound | 497 | 505 |
| 06/4/2018 | Dollar | 360 | 362 |
| 06/4/2018 | Euro | 438 | 445 |
| 06/4/2018 | Pound | 498 | 505 |
| 6/4/2018 | Dollar | 360 | 362 |
| 6/4/2018 | Euro | 442 | 443 |
| 6/4/2018 | Pound | 503 | 506 |
| 5/4/2018 | Dollar | 360 | 362 |
| 5/4/2018 | Euro | 442 | 443 |
| 5/4/2018 | Pound | 503 | 506 |
| 4/4/2018 | Dollar | 360 | 362 |
| 4/4/2018 | Euro | 442 | 444 |
| 4/4/2018 | Pound | 503 | 506 |
COMMODITIES
Interviews
Relish One CEO talks up lifestyle, concierge services, says they can boost tourism, FDI
January 14, 2019128 views
Nigeria has done fairly well on IFRS, but IFRS 9 is game changer for balance sheets of banks
December 31, 2018722 views
People & Places
Nigeria tops beneficiaries of Africa’s first cohort of research grants in climate change sciences
December 12, 2018421 views
NB debunks “fake Amstel Malta” claims