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CATEGORY

Markets

Mozambique LNG to Steal NLNG Market as Japan Invests $14bn

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

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

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

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

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

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

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

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

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

The Nigerian Stock Exchange (NSE) has replaced Transnational Corporation of Nigeria Limited Transcorp, with Julius Berger Plc in its index of the 30 largest...

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