Category: Business
Business
The Nigerian Stock Exchange began the first trading week on a negative note, as the All-share index fell by 0.44%. The downturn was impacted by losses recorded in large …
Business
The key market indices of the Nigerian Stock Exchange (NSE) on Friday rebounded by 0.12 per cent following price appreciation achieved by MTN Nigeria Communications. The News Agency of …
Business
The latest household survey conducted by Nairametrics Research Team, revealed that Nigerians may be in for a sustained challenging time due to COVID-19 pandemic as major markets across Lagos …
Business
Men’s apparel brand Brooks Brothers filed for Chapter 11 bankruptcy on Wednesday, joining a long list of retailers including Neiman Marcus that have crumbled under the impact of the …
Business
THERE are indications that oil exploration and production, have dropped in Nigeria, as the rig count, a major indicator, dipped from 16 to eight, according to June 2020, report …
Africa
The nation’s bourse halted negative trend on Tuesday due to investors’ interest in Airtel Africa, BUA Cement and 15 other equities. Consequently, the All-Share Index rose by 71.43 points …
Business
The Department of Petroleum Resources (DPR) says over 600 companies have applied to be prequalified for the ongoing bid rounds of 57 marginal oilfields in the country. Mr Auwalu Sarki, …
Business
Ventures backed by big-name entertainers Kanye West and Francis Ford Coppola were among those approved for loans under a U.S. government programme to help businesses survive the Coronavirus (COVID-19) …
Business
Oil prices fell on Tuesday, erasing earlier gains, on concerns that the surge in coronavirus cases in the United States, the world’s biggest oil user, will limit recovery in …
Business
The Munich-based Wirecard filed for bankruptcy recently after auditors couldn’t find accounts in the Philippines that were supposed to contain 1.9 billion euros ($2.1 billion). The company’s former CEO …