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2 Jul 2018
US trading partners retaliating against President Donald Trump's trade offensive as have hit back with tariffs on $75 billion in American exports, leaving local companies vulnerable to job losses, a leading business group said Monday. The Trump administration on Monday persisted in defending its burgeoning, multi-front trade war, with Commerce Secretary Wilbur Ross saying the…
24 Jun 2018
Last month, the President of African Development Bank (AfDB) Group, Dr. Akinwunmi Adesina, at the opening session of lender’s yearly general meeting, expressed worry that Nigeria and other African countries were de-industrialising.      This, according to him, is because between 2012 and 2018, Africa’s industrial value-added declined from $702b to $630b – a loss…
12 Jun 2018
Following price gains recorded by most blue-chip stocks, transactions on the equity sector of the Nigerian Stock Exchange re-opened in an upbeat yesterday, as market capitalisation rose by N63 billion. Also, the total volume of transactions traded also increased to 603.1 million shares, worth N3.8billion, and traded in 3,832 deals. Specifically, the All-Share Index (ASI)…
30 Mar 2015
Investment banks feeling the pinch from increased regulation since the financial crisis could reap an earnings reward from a boost in trading activity under the European Central Bank’s (ECB) trillion-euro quantitative easing (QE) program.

Latest

45 mins ago
A court in southern Libya on Thursday reinstated Seif al-Islam Kadhafi, son of slain dictator Moamer Kadhafi, as a candidate in next month's presidential election, Libyan media reported.
1 hour ago
Justice Oluwatoyin Taiwo of an Ikeja Special Offences Court has fixed Dec. 15 to rule on the admissibility of the confessional statement of Nollywood actor Olanrewaju James, who is facing allegations
2 hours ago
Gov. Nyesom Wike of Rivers on Thursday said he would not impose any governorship aspirant of his choice on the people of Rivers come 2023.
3 hours ago
Streaming giant Netflix will release the final five episodes of its Spanish hit series Money Heist on Friday. Created by Spain's private Antena 3 network, the thriller about a gang of thieves and their elaborate heists fast became Netflix's most-watched series not in English after the platform picked up the show in December 2017. The robber characters…
3 hours ago
The IMF on Thursday urged advanced economies in the G20 to extend and improve its debt relief initiative, warning that many countries face a dire crisis without the help.