Nigeria Economy remains at cross-roads—Report
According to the recently released data by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigeria’s crude oil production (including condensates) increased by 9.7% m/m to 1.40mb/d in June (May: 1.28mb/d) – after four consecutive months of decline. Accordingly, average crude…
Global Economy shrinks due to 4 reasons
According to the S&P Global/CIPS flash PMI survey data, the United Kingdom’s (UK) Manufacturing PMI fell to a two-year low, settling at 52.8 points in June (May: 54.6 points). The slowdown reflects the intertwining impacts of (1) lingering economic uncertainties,…
Cement: Spell Dangote, become a multi-millionaire promo begins
Loyalists and users of Dangote Cement Plc, a leading cement brand in Nigeria, stand the chance of winning over N1 billion cash prizes in the Dangote Bag of Goodies Season 3 promo, tagged ‘Spell Dangote and become a multi-millionaire.’ The…
Travel & Tourism jobs in Nigeria to double over the next decade
The World Travel & Tourism Council (WTTC) has revealed the Travel & Tourism sector in Nigeria is expected to create 2.6 million new jobs over the next decade, doubling the number of those employed within the sector by 2032. The…
Cost of land, construction materials adversely affect affordable housing—Shelter Afrique
Jumping cost of land in emerging mega cities of Africa coupled with the rising cost of building materials could derail efforts to speed up the development of affordable housing across the globe, pan African housing development financier, shelter Afrique has…
Dangote Cement’s Past Consumer Promo Winners Recount Gains
…Commend Dangote for transforming their lives Past winners of the Dangote Cement consumer promo have commended the company’s Management for the positive economic and social impact of the promo on their livelihoods and wellbeing. Some of the winners, who spoke…
Konga alerts customers, public on antics of scammers
Nigeria’s leading composite e-commerce giant, Konga, has raised the alarm over the activities of suspected fraudsters using its brand name to scam unsuspecting victims, even as it cautioned the public and its customers to remain alert to the antics of…
NGX All-Share Index posts best half-year performance in five years
The Coronation Daily Market Wrap earlier Thursday afternoon carried incorrect data for the final dividend of Access Holdings plc. The final dividend was given as N0.07/share while the correct data is N0.70/share (70 kobo per share). We apologise to our…
Commonwealth to grow ICT with Ministerial Alliance 2022
The Commonwealth Telecommunication Organisation (CTO) invites you to its inaugural Ministerial Alliance that will be convened on 20th and 21st September 2022 in London United Kingdom. The CTO’s Ministerial Alliance was conceived to bring together Commonwealth government ministers responsible for…
NGX, BOI Collaborate to Deepen Capital Market in Nigeria for Inclusive Growth
Nigerian Exchange Limited (NGX) and Bank of Industry (BOI) have signed a Memorandum of Understanding (MoU) to deepen capital market reach, build the capacity of stakeholders through financial literacy programs, facilitate market advocacy initiatives and promote listings. The announcement was…
