May 21, 2018

World Update: Tokyo’s Nikkei closes up on weak yen

Tokyo stocks rose for the third straight session on Monday, supported by a weaker yen after China and the United States pulled back from a trade […]
May 21, 2018

Nigeria Update: Stock market indices dip as investors stake N23.7b in one week

At the end of last week’s transactions on the trading of the Nigerian Stock Exchange (NSE), the All-share index and market capitalisation depreciated by 1.34 per […]
May 21, 2018

Nigeria Update: Nigerian economy expands in Q1 as oil output rises

Nigeria’s economy expanded for a fourth straight quarter in the first three months of the year, boosted by an increase in oil prices and output. Gross […]
May 21, 2018

Nigeria Update: Bank’s growth plan targets key sectors, to pay N576m dividend

Sterling Bank Plc has said it would leverage on key sectors of the economy to drive sustainable growth and deliver value to shareholders, among which are […]
May 18, 2018

World Update: Between IMF austerity measures

The recent IMF/World Bank Spring Meetings must have been a much more pleasant experience for the team led by the Minister of Finance, Kemi Adeosun and […]
May 18, 2018

Nigeria Update: Whatsapp, other OTTs slash 81% of operators’ revenue in 13 years

Operations of the Over the top (OTT) players, including WhatsApp, WeChat, Viper, Skype, Google, have slashed about $17.8 (81%) from the Average Revenue per User (ARPU) […]
May 18, 2018

World Update: Tokyo stocks rise on weak yen

Tokyo stocks closed higher Friday as a cheaper yen gave a boost to exporters but traders said they would be keeping a close eye on geopolitics […]
May 18, 2018

Nigeria Update: NB, Dangote Cement others lead NSE N124billion loss

The bears again upstaged the bulls yesterday, as profit taking takes a toll on some highly capitalised stocks, especially Nigerian Breweries (NB), and Dangote Cement, causing […]
May 15, 2018

Article Update: ‘Few banks are digitally mature’

Lead Analyst, Global Banking & Capital Markets, Ernst and Young (EY), Karl Meekings, has said despite that business priorities are increasingly focused on growth and innovation, […]
May 15, 2018

Nigeria Update: Diamond Bank posts N203.3billion gross earnings in full year

Diamond Bank Plc has achieved nine per cent increase in gross earnings from N187.3billion in 2016 to N203.3billion in 2017. Specifically, the bank’s audited result for […]