Category: Economy

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Egypt, Morocco, Namibia Exchanges Close 2016 As Africa’s Best

Egypt, Morocco, Namibia Exchanges Close 2016 As Africa’s Best

nse *Nigeria Worst In US$, € Terms As equities trading for the New Year gets under way in most of the world’s stock exchanges, emerging indication...
Dangote Set For $100m, 10,000 Capacity Truck Assembly Plant In Lagos

Dangote Set For $100m, 10,000 Capacity Truck Assembly Plant In Lagos

*To Provide 3,000 Jobs Poised to conserve forex and in view of the huge amount spent annually importing thousands of trucks for distributing it...
2016 Recap and 2017 Market Outlook

2016 Recap and 2017 Market Outlook

By Ambrose Omordion History has been made in the Nigeria capital market. For the third consecutive year, the benchmark All-Share Index of the Nige...
Labour Productivity Rose By 12.2% In 2016 Q3, Says NBS

Labour Productivity Rose By 12.2% In 2016 Q3, Says NBS

The National Bureau of Statistics (NBS), on Saturday said Nigeria’s Labour Productivity in the third quarter rose by 12.2% in the third quarter of 201...
15-Year NLNG Dividend: NEITI Alleges Non-Remittance Of $15.8b By NNPC

15-Year NLNG Dividend: NEITI Alleges Non-Remittance Of $15.8b By NNPC

In what may be another compelling reason to break state-owned energy behemoth- the Nigerian National Petroleum Corporation (NNPC) and list the compo...
Nigeria’s External Reserves Drop By 11.7% In 2016 To $25.72bn

Nigeria’s External Reserves Drop By 11.7% In 2016 To $25.72bn

The seeming gradual growth noticed in Nigeria’s external reserves between September and December have not been sufficient to return it to its 2015 lev...

Ahead of NSE Listing: NEITI Report Urges NNPC To Produce Audited Accounts

Ahead of reported plans by the Federal government to list the Nigerian National Petroleum Corporation (NNPC) on the Nigerian Stock Exchange after conc...
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