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The NSE has recorded a huge lose of $297m as result of the destruction and limitation placed on businesses on Wednesday 24 hours lagos lockdown. Since the the start of the #endsars protest, the Federal government has made a loss of $1.8B.

China and us have been in conflict over trade, which has recently degenerated to the hong kongs citizens security law. The U.S. Dollar Index that tracks the American dollar against a bouquet of other major currencies (like the Japanese yen, British pound sterling, Swedish Krona, Euro), closed...

Donald Trump has made his speech clear on plans to exit the world health organization because he has not been happy with their resent activities regarding covid-19. We should expert a major shake in most shares, especially those connected to WHO, like pharmaceuticals.

Seplat oil and gas have been given a go ahead by their shareholders to pay $59M dividend of 2019, and also to acquire more oil and gas assets and ensure sustainable growths and returns to shareholders. Chairman, Seplat Petroleum Development Company Plc, Dr Ambrose Orjiako, said the company...

NSE equity made a loss of 0.22% on Thursday resulting to N29B loss on the trading floor. the All-Share Index dropped by 53.22 basis points or 0.22 per cent to close at 25,166.01 basis points as against 25,221.23 recorded the previous day. The market capitalisation of equities depreciated by...

A total turnover of 1.718 billion shares worth N18.849 billion in 26,367 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 926.418 million shares valued at N9.768 billion that exchanged hands last week in 20,910 deals.

As Covid-19 continue to take its tole on businesses in 2020, 89% of top firm in Africa has issued a report stating that there are possibilities of losing 10% of their 2020 revenue due to bad business index. In a statement issued byChief Financial Officers (CFOs) of top African companies, As...

Miners association in Nigeria are against the importation of Barite; a mineral used in drilling oil mod that can be sourced locally. This is a direct disruption of the FG policy on 60% Barite to be sourced locally. the Chairman of the association, Prince Steve Alao said; “We have gone beyond...

Covid-19 mounts pressure on insurance companies as a result of economic factor and damages as stated by The Chairman, Nigerian Insurers Association, Mr Tope Smart. Tope pointed out area that has taken hit on the industry going from workers who were fired during the lockdown, to property damages...

The Dow Jones Industrial Average is falling Friday morning with shares of Exxon Mobil and Chevron seeing the biggest losses for the blue-chip average. The Dow DJIA, -0.03% was most recently trading 136 points, or 0.6%, lower, as shares of Exxon Mobil XOM, +0.09% and Chevron CVX, -1.91% are...

The numbers rooming

The idea is to develop the economy of its country, and leave grains behind just like the oil companies do

Yea. They want us to see the importance of palm produce to our economy, like some asian countries have

Theories on the possibility of China's oil demanding industries to be restored as it was, has resulted to the drop of oil price this week. The ease of global lockdown has given oil price some support but, the tension between US and China economic issue has continue to give oil an unstable...

Its no news that the American government gave out aid checks to its citizens to ease the covid-19 effect for essential needs, well American government is good at tracking their Moines and they found out that the monies are spent on less essential items. The records show that, the stimulus funds...

The mega city of Africa has made another impressive economic ground braking record despite the covid-19 lockdown. Economic growth has improved in the state, thanks to investors and population work force. The recently released financials for Q1 2020 reveal an actual revenue for the quarter of...

So i found out that the price of baking materials such as sugar, flour and butter has doubled over the lock down period, making production of pastries low and more expensive. A bag of flour that costs N9,000 before COVID-19, now goes for N13,000, while a bag of sugar now costs N24, 000 as...

As covid -19 continue to pose health and business risk to the country, more citizens are taking insurance in health and business more seriously. This should spark out as a good time to look into insurance firm and their activities in the wake of covid-19, because more businesses and health...

ABCON has passed a warning to its members and forex speculators to limit their pressure on the naira exchange rate. They also spoke on CBN aim to start the sales of forex to its operators. The return of over 5,000 BDCs to the forex market will add great strength to the Naira and lead to major...

Keystone Bank has shown its interest in the development and survival of Small and Medium Scale Enterprises (SMEs) In this covid 19 era. The aid of the bank is to administer online empowerment to small scale businesses which are taking most of the lockdown effect, also enabler for business owners...