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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

1 day ago
Billionaire former premier Silvio Berlusconi withdrew from the race for Italy's presidency on Saturday, two days before voting starts, but repeated his opposition to Prime Minister Mario Draghi taking the job.
1 day ago
Ogun State government, yesterday, said it will not allow any part of the state to be taken over by terrorists, killer herdsmen, kidnappers or bandits as a safe haven to unleash mayhem on the people.   The government said it is already collaborating with neighbouring states like Oyo and Lagos, to comb its forests and…
1 day ago
Manchester City's 12-game winning run in the Premier League came to an end as Aymeric Laporte rescued a 1-1 draw against Southampton on Saturday.
1 day ago
Edin Dzeko made sure that Inter Milan would hold off their Serie A title rivals on Saturday with a last-gasp strike which gave the league leaders a 2-1 win over Venezia.
1 day ago
Marcus Rashford struck with virtually the last kick of the game to take Manchester United into the Premier League top four at West Ham's expense with a 1-0 win on Saturday.