Unlisted stocks in Nigeria on Wednesday appreciated by 0.12 per cent and the expansion was driven by Niger Delta Exploration and Production (NDEP) Plc. The share price of the company …
Business Policies
- Banking, Finance & InvestmentBusiness Policies
Apprehension as Naira Crashes to N700/£1 at Parallel Market
The foreign exchange (Forex) market in Nigeria was thrown into a panic mood on Monday when the value of the Naira significantly depreciated against the Pound Sterling at the parallel …
Those in need of the United States Dollar in Nigeria for the completion of their transactions are already panicking as the value they convert their Naira to the foreign currency …
Nigeria Labour Congress (NLC) has opposed the proposal by the Nigeria Governors Forum(NGF) that the price of Premium Motor Spirit, popularly called petrol, be raised from N162/litre to N408.5/litre. The …
Rescue operation still underway, says area manager of National Inland Waterways Authority The Nigerian government has declared 156 people missing in a boat mishap Wednesday in northwestern Kebbi state. Yusuf …
- Banking, Finance & InvestmentBusiness PoliciesWestern Africa
Naira Further Depreciates at Unregulated FX Window
The Naira depreciated against a basket of foreign currencies, the US Dollar, Pound Sterling and Euro, at the unregulated segment of the foreign exchange (FX) market on Tuesday, May 25. …
- Business PoliciesHospitality, Travel & TourismNorthern Africa
Ethiopia decries US decision to restrict visas to officials, army
The US imposes visa restrictions on Ethiopian officials over the situation in Tigray. The Ethiopian government on Monday condemned a decision by the US to slap visa restrictions on current …
- Business PoliciesFEATURED NEWSWestern Africa
Nigerian Air Force and Its Crashing Planes – OpEd by Dr Reuben Abati
The Nigerian Air Force is the youngest arm of the Nigerian military having been established only on April 18, 1964. In the course of its 57 years of operation, defending …
- AirtelBanking, Finance & InvestmentBusiness PoliciesWestern Africa
Financial Stocks Contribute 64.41% to NGX Weekly Trading Volume
Last week, the All-Share Index (ASI) and market capitalisation of the Nigerian Exchange (NGX) Limited depreciated by 2.93 per cent to 38,324.07 points and N19.975 trillion respectively. Similarly, all other …
A Vodafone Group Plc consortium and MTN Group Ltd. submitted bids for permits to operate in Ethiopia that was Vodafone Consortium Submits $850-Million Bid for Ethiopia Permit much less than …