Silver Slides as Investors Lock in Profits Amid Receding Fears
The pullback comes as broader risk appetite improved, fueled by easing US-China trade tensions and signs of progress in resolving the US government shutdown.
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Social enterprises could hold the key to a prosperous and equitable future for Africa
By Cathy Smith, Managing Director at SAP Africa LAGOS, Nigeria, 12 November, 2021 -/African Media Agency(AMA)/- As we continue rebuilding following the economic and social damage caused by the pandemic, there is ample opportunity for optimism. I am encouraged by the continent’s rich
OPEC Revises 2021 Global Oil Demand To 5.7 Million Barrels Daily
The Organisation of the Petroleum Exporting Countries (OPEC) has revised the 2021 world oil demand forecast downward to 5.7 million barrels per day. This was contained in the OPEC’s Oil Market Report for November 2021 which was released on Thursday. The report read in
Nigeria Loses Africa’s Top Oil Producer Position To Libya
Nigeria, according to the Organization of the Petroleum Exporting Countries (OPEC’s) latest report, has lost its Africa’s top oil producer position to Libya as its crude oil production fell further last month amid lingering supply disruptions. The report read that Nigeria told
FEC Approves 2021-2025 National Development Plan, Projects N348.7tn Investments
Vice President Yemi Osinbajo presided over the weekly Federal Executive Council (FEC) Meeting at the State House, Abuja, on Wednesday, November 10. The Council, during the FEC meeting, approved the 2021-2025 National Development Plan, which is a successor programme to the Economic
Revenue Sharing: FG Proposes 3.13% Increase In LG Allocation
The federal government disclosed that it has proposed a 3.13 percent increase in revenue allocation to local governments. Boss Mustapha, secretary to the government of the Federation, who was represented by the Permanent Secretary, Political and Economic Affairs, Andrew Adejoh, disclosed this
NBS: 36 States, FCT Recorded N849bn Revenue In 1H 2021
The 36 states and the federal capital territory (FCT), according to the National Bureau of Statistics (NBS‘) latest report, recorded N849.12 billion in Internally Generated Revenue (IGR) in the first half of 2021. The figure represented a 39 per cent increase year-on-year
MTN, Airtel Lead Top Five Stocks As Investors Gain N252.41bn
MTN Nigeria Communications Plc and Airtel Africa Plc drove the top five stocks by value at the end of trading on the floor of the Nigerian Exchange Limited on Tuesday, with investors gaining N252.41bn. The NGX All-Share Index recorded a 1.12 per
Bitcoin Price Skyrockets To Record High Of More Than $68,000
Bitcoin, the world’s largest cryptocurrency by market capitalisation, has skyrocketed to a fresh record high of $68,000. Primebusiness.africa gathered that the price of the cryptocurrency traded 4.1 percent higher on Tuesday afternoon, reaching $68,013 by 3:41 p.m., according to data obtained from
Ikoyi Building Collapse: How Developer Ignored Instruction To Insure Property
Reports claimed that Femi Osibona, the deceased developer of the 21-storey building that collapsed on Gerrard Road, in Ikoyi area of Lagos, ignored a directive by the Lagos State Physical Planning Permit Authority (LAPPPA) to insure the structure. PrimeBusiness.africa gathered that the
Stock Market Begins On Positive Note As Investors Gain N643bn In One Day
The Nigerian stock market started the week on a positive note as investors gained N643.14bn at the end of trading on Monday, November 8. The All-Share Index of the Nigerian Exchange Limited rose by 2.93 per cent to 43,246.87 basis points from
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INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi
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Silver Slides as Investors Lock in Profits Amid Receding Fears
The pullback comes as broader risk appetite improved, fueled by
Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM
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