Browsing: West Africa Business News

The Nigerian Stock Exchange (NSE) closed bearish on Thursday, with the market capitalisation losing N133bln following sell pressure on MTNN, Guaranty Trust Bank (GTB) and Zenith…

Nigeria’s Gross Domestic Product (GDP) grew by 0.11 per cent in Q4 2020, from the 6.11 per cent contraction in Q3, signalling a gradual recovery from…

The recent acquisition brings its total investment in the last 15 years to about N168 billion. Knudsen said the new cranes were acquired as part of an ongoing investment of $80 million for the year 2020-2021.

The bears maintained leadership on the Nigerian Stock Exchange (NSE) on Wednesday with the market capitalisation dipping 0.07 per cent due to persistent profit-taking on blue…

Nigeria’s former Minister of Finance, Ngozi Okonjo-Iweala, has been selected by consensus to be the next Director-General of the World Trade Organization (WTO). All members of…

The Executive Secretary of NCDMB, Simbi Wabote, has advised other International Oil Companies to emulate Total Exploration and Production Company in sponsoring new projects and to stop being discouraged by the deferred passage of the Petroleum Industry Bill.

The Nigerian Investment Promotion Commission (NIPC) reports it collated $16.74bln as investment announcements for the year 2020, 44 per cent drop in the value collated for…

The market indices of the Nigerian Stock Exchange (NSE) closed in red on Friday, dropping by 1.40 per cent due to Dangote Cement price drop. Specifically,…

The UK Supreme Court on Friday has allowed a group of 42,500 Nigerian farmers and fishermen to sue Royal Dutch Shell (RDS) in English courts. This…

In a bid to find solutions to the infrastructural deficits in Nigeria, President Muhammadu Buhari has approved the establishment of a trillion-naira firm. In a statement…