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Mati Diop

Mati Diop becomes first black woman to win award at Cannes film festival

Mati Diop, French-Senegalese actress and director, has become the first black female director to win an award in Cannes Film Festival’s 72-year history.

Nigeria, UK agree on regulations to deepen insurance market, expand digital economy

Nigeria and the UK have agreed to fast-track key regulations to deepen the insurance market and expand the digital economy.

PDP: Why President Buhari, APC are desperate to retain power

The Peoples Democratic Party (PDP) on Sunday revealed why President Muhammadu Buhari and his party, the All Progressives Congress (APC), were desperate to retain power.
Zainab Ahmed

Finance Minister: Nigeria ready for business

Nigeria’s finance minister, Zainab Ahmed, has told global investors that Nigeria is ready for business.
Muhammadu Buhari

President Buhari: Federal government committed to economic recovery

President Muhammadu Buhari has reiterated the Federal Government’s commitment to economic recovery and growth plan across the country.
A man walks in front of a stock indicator board showing share prices of the Tokyo Stock Exchange in Tokyo on December 10, 2018. (Photo by Kazuhiro NOGI - AFP)

Asian shares go flat as China data disappoints

Asian shares crept back from four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal on tariffs.

DMO: N150 billion federal government bond oversubscribed

The Debt Management Office (DMO) on has disclosed that the first N150 billion FGN bond auction for 2019 offered in three instruments was oversubscribed.
Vice President Yemi Osinbajo

Yemi Osinbajo: Nigeria now world food basket

Vice President Yemi Osinbajo yesterday told Nigerian-German investors that Nigeria is now a food basket of the world with huge investment potentials.
Malaysian Airlines flight 370 - Aeroplane - Getty Images

IATA: Global airlines share price fall by 10 percent

The International Air Transport Association (IATA) has reported a 10.1 per cent drop in global airlines’ share price for the month of October 2018.

CBN: Foreign investment falls by $500 million in 2018 Q1

Global banking giants, HSBC Bank and UBS Group, have closed their offices in Nigeria, the Central Bank of Nigeria (CBN) said yesterday, while also noting that foreign investment had fallen sharply from a year ago.

Dangote Cement, Nestle lead losers’ chart on NSE

Key equities on the Nigerian Stock Exchange (NSE) on Wednesday sustained days of losses with Dangote Cement dropping N13 to close at N210 per share.

Stock market year-to-date decline worsens to 7.4 percent on weak investor appetite

The year-to-date decline of the Nigerian Stock Exchange (NSE) All-Share Index worsened to 7.4 per cent yesterday as the stock market maintained a downward trend.

Naira stable at N358 to dollar

The Naira on Monday remained stable at the parallel market in Lagos exchanging at N358 to the dollar.

Low forex inflow weakens Naira at I&E window

The value of the naira at the Nigeria Autonomus Foreign Exchange (NAFEX) market weakened last week compared to what it closed the previous week as inflow from the window dropped to $796.02 million.
Lt Gen Hun Manet at a military exercise. KT-Chor Sokunthea

Cambodian premier’s son gets military roles amid human rights concerns

The son of Cambodia's long-serving leader was promoted to two senior military posts on Saturday as his father looks to tighten his family's grip on the country's leadership.

Naira hedges against dollar at parallel market

The naira on Wednesday exchanged at N359.80 to the dollar at the parallel market in Lagos gaining 20 kobo from N360 exchanged on Tuesday.

MAN: Utilisation of local raw materials hits 63% in 2017

The Manufacturers Association of Nigeria (MAN) said utilisation of local raw materials in the country has steadily increased over the past three years, hitting 63.21 percent in 2017, due to increasing government support for backward integration.

Chinese investor is oldest goal-scorer at nearly 45

A senior club official buried a penalty just weeks short of his 45th birthday to become the oldest goal-scorer in Chinese professional football history, media reports said.

Recent Stories

c expresses worry over SON’s interception of containers on highways

The Lagos Chamber of Commerce and Industry has expressed concern over reports of interception of containers on the highways by the officials of Standards Organisation of Nigeria.
Nigeria have arrived in Egypt for the Africa Cup of Nations and their pre-tournament preparations.

AFCON: Nigeria arrive in Egypt pre-tournament preparations

Nigeria have arrived in Egypt for the Africa Cup of Nations and their pre-tournament preparations.

Brazil bus accident kills 17

A bus carrying 40 people crashed into several cars killing at least 17 people in southeast Brazil Sunday night, according to firefighters and local media.
Syphilis

Mongolia declares war on syphilis

The Ministry of Health in Mongolia has declared war against syphilis, a Sexually Transmitted Disease (STD) which has become a growing public health concern in the East Asian country.

Justice Garba replaces Zainab Bulkachuwa on presidential election petition tribunal

The Presidential Election Petition Tribunal is now headed by Justice M. L Garba, who is the Presiding Justice of the Lagos Division of the Court of Appeal.