Economy

October 26, 2017

Nigeria Update: Transcorp records N8.2b profit in Q3

Transnational Corporation of Nigeria Plc (Transcorp) has posted a group profit after tax of N8.2 billion in third quarter (Q3) operations, representing 158 per cent rise […]
October 25, 2017

World Update: Most Asia markets close higher as Aussie dollar tumbles; Nikkei 225 win streak ends

Most major indexes in Asia closed higher on Wednesday as the Australian dollar fell to its lowest levels in three months after inflation missed expectations. The Nikkei […]
October 24, 2017

Africa Update: Moody’s downgrades Angola’s ratings to B2, outlook stable

Moody’s Investors Service has today downgraded the long-term issuer and senior unsecured ratings of the Government of Angola to B2 from B1 and changed the outlook […]
October 24, 2017

Nigeria Update: Stock market reopens negative, indices down by N60 billion

Transactions on the Nigerian Stock Exchange witnessed another drop in share prices at the reopening of trading yesterday, following losses suffered by major highly capitalised stocks, […]