Markets

Oil giant Royal Dutch Shell said on Tuesday it will write down the value of its assets by up to $22 billion in the...

Shareholders of Transcorp Hotels are planning a N10 billion rights issue as the company moves to shore up its finances as the closure of...

Dollar liquidity on the Investor and Exporters (I&E) Foreign Exchange (FX) window rose to a one-month high yesterday as turnover hit $122.89 million. The last...

India has banned 59 of China’s biggest mobile phone apps, including TikTok and WeChat, on the grounds that they pose a threat to the...

Nigerian Insurers are reaping the rewards of parking their money in the bonds and equity markets as investment income improved. When combined ratio are high...

Every sector of the economy is feeling the pang of an economic downturn caused by a sudden drop in crude oil price and the...

Gilead Sciences Inc., said that it will charge U.S. hospitals roughly $3,120 for most patients who need remdesivir, picking a middle ground in a...

Guinea Insurance Plc recorded profit in the first quarter (Q1) of the year, but it is spending its way into the future as weak...

Conoil Plc, has revealed that it is in litigation with Nimex Petrochemical Nigeria Limited (Nimex), one of its former suppliers of products and a...

To support growth in asset under management (AUM), FCMB Pensions Limited, a subsidiary of FCMB has underpinned plans to acquire 96 percent in AIICO...