Day: November 2, 2022

Stock Market Sheds N50.8bn after October Downturn The Nigerian stock market opens the new month with about N50 billion decline in the market value of …

Amazon Opens Office in Nigeria An Information Technology firm, Amazon Web Services, Inc. (AWS) says it has opened its first office in Lagos, Nigeria, according …

Ecobank Redeems $400m Debt Ecobank Transnational Incorporated (ETI) has announced the repayment of its 5-year US$400 million convertible debt to holders, according to its latest …

OPEC Forecasts 10% Jump in Global Oil Demand Global oil demand will increase by over 10% by 2027 and more than 13% by 2045 compared …

UK Announces £50mn Energy Support Fund for Winter National Grid, British multinational electricity and gas utility company, launched a £50 million support fund to help …

Nigeria’s Private Sector Improves in October – PMI In Nigeria, private sector activities have been noted to improve in October 2022 despite uncertainties in the …

Fixed Income Assets Yields Diverge as Naira Appreciates  The average yields on naira denominated fixed income assets diverge as the local currency appreciates across the …