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Business RoundUp

9 Oct 2019
The Nigerian Stock Exchange (NSE), yesterday, sustained a bearish sentiment for the sixth consecutive trading session, as more blue chip stocks depreciated in price, resulting to a further loss...
9 Sep 2019
There are numerous ways to make sure banks can be of service to insurance company. It is all about liquidity and insurance companies are liquid and they can help manage it.
20 May 2019
Alban William Housego Phillips, a New Zealand born economist, whose name was attached to post-war economics, was popularised by the term, “Phillips Curve”. The curve was all about establishing a relationship between inflation and unemployment rates. In other words, how much of inflation is needed to spur growth. His work really showed that there was…
13 May 2019
A development economist and professor of public policy, Jonathan Morduch, once said: “Microfinance stands as one of the most promising and cost effective tools in the fight against global poverty.”
6 May 2019
“All failure is failure to adapt, all success is successful adaptation.”- Max McKeown Coca Cola is probably sold in every store in your neighbourhood; served at every party along with its counterparts, Fanta and Sprite. These drinks are preferably the go-to drink for most people on a good or bad day particularly Coke, its vibrant…
7 Jan 2019
Tokyo stocks closed up more than two percent on Monday, after European and US markets roared last week on strong US data and dovish comments from the US Federal Reserve.
4 Jan 2019
With the New Year in sight, it is normal for every investor including you to feel a bit of apprehension. You might begin to wonder what the future holds, how the market will fare and whether to increase your investment. All these are valid thoughts and we’ve gone ahead to gather answers to your silent…
31 Oct 2018
On the 20th of September, 2018, Honeywell Flour Mills its hosted the 9th Annual General Meeting of all stakeholders and shareholders. After the event, Mr. Olanrewaju Jaiyeola, the Group Managing Director/Chief Executive Officer, Honeywell Flour Mills Plc, answered a few questions regarding the company’s operations over the past year, plans to take advantage of new…
31 Oct 2018
Fidelity Bank Plc’s nine-months results for the period ended September 30, 2018, showed a 6.9 per cent rise in gross earnings to N139 billion from N130.1 billion reported in the corresponding period in 2017
9 Oct 2018
Is poverty real, or a thing of the mind? Over the years, there has been marked progress on reducing poverty. The world achieved the first Millennium Development Goal target—to cut the 1990 poverty rate in half by 2015—five years ahead of schedule, in 2010. However, progress made in reducing poverty with respect to the number…
6 Jul 2018
In line with its commitment to support reputable educational establishments with strong business and finance faculties, FBNQuest Merchant Bank, the merchant banking and asset management subsidiary of FBN Holdings Plc has delivered a ‘Bloomberg Room’ at the Lagos Business School – Pan Atlantic University (LBS). The Bloomberg Room is a financial resource centre where students…
2 Jul 2018
Heavy transaction in the shares of some banks, especially Union Bank of Nigeria Plc and Sterling Bank, last week, lifted the volume of shares traded, as a turnover of 2.004 billion...


The British pound sank Thursday by more than one percent against the dollar after the Bank of England intervened on the bond markets to head off a fresh financial catastrophe.
14 mins ago
The multi-platinum R&B singer Kelly, who has been found guilty of sex crimes twice this year, will have to pay at least $300,000 in reparations to some of his victims, a federal judge said. U.S. District Judge Ann Donnelly stated during a hearing in Brooklyn that the money will reimburse two women, going by the…
18 mins ago
The opposition African Democratic Congress (ADC) insist that its presidential candidate, Mr Dumebi Kachikwu remains expelled from the party. ADC's National Chairman, Chief Ralph Nwosu in a statement faulted the claims by Kachikwu that the party has resolved its differences with him. Nwosu who reiterated the resolve to rally support for over 1,980 candidates of…
38 mins ago
Myanmar's junta sentenced an Australian economist to three years in prison Thursday while also handing down another conviction to ousted leader Aung Saa Suu Kyi, a source told AFP on Thursday.
41 mins ago
Independent National Electoral Commission (INEC) has said inappropriate marking of boxes or space provided on the ballot paper by voters may affect the outcome of the 2023 general elections. While stressing the need for Nigerians to vote correctly on election day, the commission said voters must follow the procedure for voting for their preferred candidate…