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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

2 mins ago
Minister of State, Ministry of Science, Technology and Innovation, Barrister Abdulahi Mohammed, has hinted that the ministry has commenced the process involved in the review of the Science
2 mins ago
Battle for honours at the 53rd Asoju Oba Molade Okoya-Thomas Cup begins today at the Molade Okoya-Thomas Hall of Teslim Balogun Stadium in Lagos. The championship ends on December 7.
2 mins ago
Integrated Information and Communication Technology (ICT) firm, Zinox Technologies Ltd. has been crowned the pioneer 2021 Technology Company of the Year by the Nigeria Computer Society
3 mins ago
A new 10MW data centre has been unveiled in Nigeria to pave the way for Africa Data Centres hyperscale customers to deploy digitisation solutions to West Africa.    Africa Data Centres, the largest network of the interconnected, carrier- and cloud-neutral data centre facilities on the continent, launched the facility, which is situated in Lagos, at…
3 mins ago
Recently, we carried out an intriguing but tempting social experiment in which the participants were asked to choose between two options: toss a coin to win one billion dollars