A big drop in May retail sales has raised new concerns about the durability of the economic recovery. Retail sales plunged 1.2 percent last month, the...
Reminiscent of the industrial phase of the 1980s in Nigeria, Dangote Integrated Steel Rolling Company, Oshogbo in Osun State (formerly Oshogbo Steel Rolling Mill) will soon...
British Petroleum‘s directors are to meet today to decide whether to suspend its dividend. The British Broadcasting Corporation reported on Friday that the meeting comes in...
Some US shares face new trading restrictions after regulators approved measures to avoid a repeat of the plunge in share values on 6 May. Then, the...
Stocks traded in a narrow range Friday after a report showed consumers are gaining confidence in the economy, even if they aren’t returning to stores. Stocks...
A professor of international law, Margaret Okorodudu-Fubara, on Friday in Lagos said that Nigeria’s quest for the extension of its continental shelf should be economic and...
The Managing Consultant of Riche Professionals Consulting Limited, Mr Olusegun Ajibola, on Friday accused Nigerian banks of not following “basic tenets’’ while making loans available to...
At the end of transactions on the floor of Nigerian Stock Exchange (NSE) yesterday, the Banking sub-sector still maintained her grip on the stock market. The...
Global stock markets rose further yesterday after the Federal Reserve chief said the US economic recovery was on track and in the wake of positive Japanese...
Egypt’s annual urban inflation eased to 10.5 per cent in May, its fourth decline this year, giving the central bank more latitude to keep key interest...
