The market indices of the Nigerian Stock Exchange (NSE) commenced trading for the week on Monday on a bearish trend, dropping by 0.34 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation shed N46 billion or 0.34 per cent to close at N13.499 trillion compared to N13.545 trillion posted on Friday. […]
International benchmark Brent crude stood at $70 a barrel on Friday, with WTI trading at around $63. Morse believes that more upside is in store with supplies being taken off the market in Iran and Venezuela, as well as major oil cartel OPEC. Fereidun Fesharaki, the chairman of leading consulting group FGE, backed up Citi’s […]
West Africa’s largest airline, Arik Air, will resume full operations today, Wednesday, September 14, 2016, after Tuesday’s suspension of operations due to its inability to renew its aircraft insurance. “We have resolved the issues relating to the insurance. Our flights have resumed but our full operations will start tomorrow. Two flights are already leaving to […]