CATEGORY
Markets
Mozambique LNG to Steal NLNG Market as Japan Invests $14bn
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The Japanese government and business sector will join hands on a joint financing deal totaling 1.5 trillion yen ($14.4 billion) for the development of...
Global Refining Margins, Capacity Utilization to Slide on Competition – Goldman Sachs
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More refining capacity is coming online in the Middle East, China and Africa at a time of tepid demand growth, which will usher in...
Nigeria SWF Profit Down 27% on Lower FX Gains, Higher Opex
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The Nigeria Sovereign Investment Authority (NSIA), which manages the nations Sovereign Wealth Fund (SWF) has just reported Full Year 2019 numbers showing a 27...
BUA Cement to Surmount Headwinds Ahead of Peers -United Capital
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United Capital Research, in a recent note to clients, said that only BUA Cement will surmount the headwinds caused by the coronavirus pandemic.
The cement...
Why Zenith Will Outperform Other Banks amid Covid-19 Slowdown
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Nigerian banks have been operating in a scorching environment as they are reeling from a slew of stringent regulations by the Central Bank of...
U.S. Adds 4.8 Million Jobs, Above Forecasts in Boost for Trump
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The rebound in the U.S. jobs market accelerated in June as the economy reopened more broadly, before a pickup in coronavirus cases that puts...
Jaiz Bank Sees Coronavirus Impact Limited to Q2 with N622mn Profit Forecast
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Jaiz Bank Plc, a bank in Nigeria operating under Islamic banking principles has forecast after tax profits of N622 million for the third quarter...
MTN Insider Makes Huge N108.5mn Share Purchase
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An Insider in MTN Nigeria has spent the sum of N108.5 million to purchase new shares in the leading telecommunications firm in Nigeria.
Karl Toriola,...
GTB Hits 1-Month Low on Lack of Clarity on Bank Earnings
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Shares of Tier-One Lender Guaranty Trust Bank (GTB) hit a one-month low in early trading today as bulls stayed on the sidelines amid a...
NSE – 30 Index Dumps Transcorp for Julius Berger
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The Nigerian Stock Exchange (NSE) has replaced Transnational Corporation of Nigeria Limited Transcorp, with Julius Berger Plc in its index of the 30 largest...