Morgan Stanley raises Nigeria’s weighting in Frontier Market Index, with standalone decision pending
Nigeria’s weighting on the Morgan Stanley Capital International’s (MSCI) Frontier Market Index rose to 7.9% from 6.5%, following the
Ikeja Electric taps Deloitte to manage whistle-blowing platform
Ikeja Electric Plc, the electricity distribution company with coverage across parts of Lagos and Ogun states, has engaged the services
Nigerian stocks drop by 1.16% in 2 wks as investors take profit
Nigerian stocks slipped for the first time in two weeks after some investors decided to book profits from a rally that had pushed the
PayU moves to connect businesses to Nigeria’s N200bn online payment market
PayU has rolled out strategies to connect businesses to Nigeria’s online payment market, currently estimated at N200 billion. Annual
2017 budget: Springboard to ERGP implementation
The 2017 Appropriation Bill of N7.441 trillion budget passed by the National Assembly has come at a time when the current
Nigeria’s NBS links 14% Q4 2016 unemployment rate to rising labour population
Economic recession, job lay-offs and a 0.6 percent rise in labour force helped push Nigeria’s unemployment rate to 14.2 percent in the
Nigeria’s central bank bans overnight holding of forex purchased at interbank market
*Introduces new spread limit of N1… The Central Bank of Nigeria (CBN) has banned authorized dealers at the foreign exchange interbank
Nigeria’s Taleveras, ExxonMobil, UK’s Ophir in Equatorial Guinea oil block wins
Nigeria’s rising and diversifying oil trading company, Taleveras, along with international oil company, ExxonMobil and United Kingdom
Nigeria seen plugging LNG supply disruptions from Gulf diplomatic row
The simmering tension in the Gulf region where Saudi Arabia and key allies have cut ties with Qatar, the world’s top seller of
World Bank raises Nigeria’s growth forecast to 2.5% in 2017
*Claims modest rise in commodity demand, prices as driver… The World Bank has forecast that Nigeria’s economy would grow 2.5%