Chris Ikosa
Chris
Stock Market Loses N565bn as Investors Await President’s Cabinet
Businessam StaffJune 21, 2019
The Nigerian equities market has continued to plunge as investors stayed away despite attractive valuation of most stocks,
Mutual funds investment hits N746.5bn
Businessam StaffJune 21, 2019
The value of mutual funds investment hit N746.5bn at the end of May 2019, data from the Securities and Exchange Commission revealed.
Forte Oil gets new CEO, CFO after Otedola’s share sale
Businessam StaffJune 21, 2019
Forte Oil Plc has appointed a new chief executive officer and chief financial officer following the completion of the sale of Femi
CBN forex intervention hits $42.3bn in one year
Businessam StaffJune 21, 2019
Between April 2018 and March this year, the Central Bank of Nigeria injected over $42.3 billion into the foreign exchange market to
Unemployment: CBN promises seven-year loans for corpers
Businessam StaffJune 21, 2019
The Central Bank of Nigeria has said it will offer loans to National Youth Service Corps members to start small and medium scale
Capital market indices dip by 0.02 per cent on NSE
Businessam StaffJune 20, 2019
The long bearish trend on the Nigerian Stock Exchange (NSE) seems to be moderating, as the crucial market indicators dropped
Buhari inaugurates NEC for 2019-2023 session June 20, 2019 Adedeji Adekunle
Businessam StaffJune 20, 2019
National Economic Council President Muhammadu Buhari has inaugurated the 2019-2023 session of the National Economic Council (NEC). The
10 out of 169 coys control 77.2 % stock market capitalisation
Businessam StaffJune 20, 2019
Ten companies, led by Dangote Cement Plc, accounted for 77.2 per cent of the total market capitalisation of the equities listed on the
Oil jumped 6% on Thursday after Iran shot down a U.S. military drone, prompting President Donald Trump to blast Tehran on Twitter and fueling concerns of a conflict between the two countries.
Businessam StaffJune 20, 2019
U.S. West Texas Intermediate crude rose $3.24, or 6.03%, to $57 a barrel as of 10:51 a.m. ET. Brent crude, the global benchmark, was
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China, U.S. to resume trade talks but China says demands must be met
Chris IkosaJune 20, 2019
Top Chinese and U.S. officials will resume trade talks in accordance with the wishes of their leaders, but China hopes the United