Bears retained their hold on the equities sector of the Nigerian Stock Exchange (NSE), as sell pressure extended to the fourth trading session of the week, causing the All-share index to slump further by 0.6 percent. The post Bears drag stock market index further by 0.6 per cent appeared first on The Guardian Nigeria News […]
Business
Micro Finance Bank disburse N565.6m loans in H1 2019
Umuchinemere Pro-credit Micro Finance Bank (UPMFB), said it disbursed about N565.6million in loans to 2,503 micro and small business operators in the first half (H1) of 2019, in various sectors of the economy. The post Micro Finance Bank disburse N565.6m loans in H1 2019 appeared first on The Guardian Nigeria News – Nigeria and World […]
Coca Cola Foundation launches N300m water projects in Enugu
To further boost access to portable water supply in Enugu State, the Coca-Cola Foundation in partnership with Water Aid Nigeria, have launched an N300million water project in three Local Government Areas (LGAs). The post Coca Cola Foundation launches N300m water projects in Enugu appeared first on The Guardian Nigeria News – Nigeria and World News. […]
How campaign against waste saved N46b in 2019 budget
A joint campaign against wasteful and frivolous items and appropriations that have become routine in the national budget, led by Centre for Social Justice …. The post How campaign against waste saved N46b in 2019 budget appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
Oxfam urges criminalisation of illicit financial flows enablers
Oxfam, a confederation of 20 independent charitable organizations focusing on the alleviation of global poverty, has called on the National Assembly to enact a law that would totally criminalize actions of banks,…. The post Oxfam urges criminalisation of illicit financial flows enablers appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: […]
Experts canvass infrastructure finance through capital market
Financial experts have underscored the need for government to work out modalities on how to boost investment in infrastructure through the creation of activities that will engender effective long-term funds from the nation’s bourse and attract …. The post Experts canvass infrastructure finance through capital market appeared first on The Guardian Nigeria News – Nigeria […]
Stakeholders explore AI, big data to check energy challenges at NAICE
Preparatory to the 2019 edition of the Nigeria Annual International Conference and Exhibition (NAICE), stakeholders have expressed optimism of unveiling solutions to recurring issues of oil pipeline vandalisation…. The post Stakeholders explore AI, big data to check energy challenges at NAICE appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch […]
Investors lose N145 billion in three days of bearish trading
The bears have continued to strengthen their hold on the equities sector of the Nigerian Stock Exchange (NSE), as more blue-chip stocks joined the league of losers, forcing investors wealth to depreciate by N145 billion in three trading days. The post Investors lose N145 billion in three days of bearish trading appeared first on The […]
Brexit pounds sterling as stock markets retreat
Rising concerns about a no-deal Brexit hit the pound once more on Wednesday, while stock markets retreated amid renewed trade war worries and uncertainty over the outlook for US interest rates. The post Brexit pounds sterling as stock markets retreat appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
‘Why foreign airlines retain 80% air traffic share in Nigeria, others’
The absence of a functional national carrier in Nigeria, and other African major air markets has been blamed for local airlines’ loss of international air traffic… The post ‘Why foreign airlines retain 80% air traffic share in Nigeria, others’ appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
MAN outlines safeguards for post-AfCFTA ratification
Local manufacturers have outlined some of the pre-conditions and safeguards given to the Federal Government as part of measures to maximise… The post MAN outlines safeguards for post-AfCFTA ratification appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
‘If unemployment isn’t tackled, Nigeria might be facing another problem that is greater than insecurity’
The Centre was established by United Nations Development Programme (UNDP) in the year 2003 as an intervention project for the purpose of assisting… The post ‘If unemployment isn’t tackled, Nigeria might be facing another problem that is greater than insecurity’ appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
‘Infrastructure deficit may cost Nigeria $878 billion by 2040’
It has been projected that government’s continued neglect of the nation’s infrastructural development would lead amount to a huge deficit… The post ‘Infrastructure deficit may cost Nigeria $878 billion by 2040’ appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
CAP, CCNN, others lead stock market N68 billion losses
Transactions on the trading floor of the Nigerian Stock Exchange (NSE), sustained a sliding profile, following price losses suffered… The post CAP, CCNN, others lead stock market N68 billion losses appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
First Bank reiterates commitment to children with special needs
First Bank of Nigeria Limited has reiterated its commitment to impact the lives of the less privileged and children living with disabilities… The post First Bank reiterates commitment to children with special needs appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
CBN injects $210m in forex market
The interbank segment of the Nigerian foreign exchange market received a fresh boost of 210 million dollars from the Central Bank of Nigeria (CBN) on Tuesday. The post CBN injects $210m in forex market appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
European stock markets advance, pound slumps
European stock markets edged higher on Tuesday, while the pound hit the lowest level versus the dollar in more than two years on Brexit deadlock. The post European stock markets advance, pound slumps appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
Ryanair closing bases due to Boeing 737 MAX crisis
Ryanair said Tuesday it will close some of its bases because of problems with Boeing’s crisis-hit 737 MAX jet, which has been grounded after two fatal accidents. The post Ryanair closing bases due to Boeing 737 MAX crisis appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch News
Sterling Bank to unveil initiative, trains paramilitary on financial plan
Upholding its commitment to creating social good for communities across the country, Sterling Bank has trained serving members of the armed forces and paramilitary on financial and retirement planning. The post Sterling Bank to unveil initiative, trains paramilitary on financial plan appeared first on The Guardian Nigeria News – Nigeria and World News. Credit: Punch […]
DPR reiterates zero tolerance to infractions, lifts Petrocam’s sanctions
The Department of Petroleum Resources (DPR), yesterday, reiterated its stance about non-tolerance of acts of infractions from licensed operators, even as it lifted the sanctions meted on a downstream marketing company, Petrocam Trading Nig. Ltd., for violating the agency’s rules and regulations. The post DPR reiterates zero tolerance to infractions, lifts Petrocam’s sanctions appeared first […]