Trading

Businesses lose N2.7bn to Lagos lockdown

Small businesses in the formal sector lost over N2.7 billion in revenue. Members of the organised private sector (OPS) have urged caution in the implementation of another exercise as government is considering another lockdown to contain the spread of the novel coronavirus. According to the latest data compiled by the Lagos Chamber of Commerce and […]

General

Equatorial Guinea signs first mining contracts

Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH) has signed the country’s first mining contracts with three different companies. According to the Minister of Mines and Hydrocarbons, Gabriel Mbaga Obiang Lima, the mining contracts which are five in total follows the conclusion of the country’s first mining bidding round in 2019. “Mining is a key […]

Trading

African Energy Chamber lauds developments in Equatorial Guinea’s mining industry

The African Energy Chamber has commended Equatorial Guinea’s first mining contracts with three different companies. The President for the Central African Economic and Monetary Community at the African Energy Chamber, Leoncio Amada Nze said that the development of a value chain for mining would generate thousands of jobs for Equatoguineans. “Equatorial Guinea is getting serious […]

Trading

NSE All share Index appreciates by 0.29%

Equities trading on the Nigerian stock exchange began on a bullish note this week with the benchmark index gaining 0.29 percent on Monday. The all Share index increased by 69.72 basis points to close at 23,941.75 basis points which is higher than Friday’s close of 23,871.83 basis points. The market capitalisation stood at N12.47 trillion […]