February 23, 2018

World Update: European stocks slide on Fed rate-rise fears

European stock markets slid on Thursday after Federal Reserve minutes fanned expectations that US interest rates would rise further and faster than previously thought.  Wall Street […]
February 23, 2018

Nigeria Update: Investors condemn CBN directive on dividend payment by banks

Shareholders in the nation’s capital market have condemned recent directive by the Central bank of Nigeria (CBN), to Deposit Money Banks (DMB), not to pay dividend […]
February 23, 2018

Nigeria Update: NSE indices sustain rising profile, up by N36billion

Equity transactions on the trading floor of the Nigerian Stock Exchange (NSE) sustained a rising profile, as more blue chip stocks appreciated in price, causing market […]
February 22, 2018

Nigeria Update: Lagos, GTBank partner on e-tax payment

The electronic tax payment campaign of Lagos State, which will allow residents and citizens to pay their taxes directly to the coffers of the state, has […]
February 22, 2018

Africa Update: South Africa hikes sales tax in ‘tough’ post-Zuma budget

South Africans were hit by the first sales tax increase since apartheid when the country’s finance minister delivered a tough budget on Wednesday, dampening optimism spurred […]
February 22, 2018

World Update: Tokyo stocks open flat

  Tokyo stocks opened flat on Wednesday with investors weighing drops on Wall Street against a downturn in the yen. The benchmark Nikkei 225 index slipped […]
February 22, 2018

Nigeria Update: Inlaks lauds CBN for licensing 28 additional MFBs

Inlaks, Financial Technology (Fintech) solutions provider in Nigeria and Sub-Saharan Africa, has commended the Central Bank of Nigeria (CBN), for licensing additional 28 Micro Finance Banks […]
February 22, 2018

Nigeria Update: NSE indices appreciate marginally by N4billion

The bulls upstaged the bears on the equity sector of the Nigerian Stock Exchange (NSE), as more highly capitalised stocks joined the league of gainers, resulting […]
February 20, 2018

Africa Update: South Africa’s main airport evacuated in bomb scare

Johannesburg’s O.R. Tambo airport, Africa’s largest, was evacuated on Monday and passengers forced to wait for two hours to return after South African officials identified a […]
February 20, 2018

Nigeria Update: Nigeria’s oil production falls to 1.819mbpd in January

Nigeria’s crude oil production decreased by 8,100 barrels per day (bpd) from 1.828 mbpd it recorded in December, to 1.819mbpd in January.The drop may not be […]