Mixed trading continued on the local bourse amidst weak volumes and the absence of any positive catalysts, with the benchmark index closing marginally lower. Banking stocks – ZENITHBANK (-1.2%), STANBIC (-1.3%), ETI (-4.8%) and FBNH (-2.0%) – were the major drivers of the drop as the All Share Index fell by 0.1%, w/w, to 25,572.57 … The post Nigerian Bourse Closes Week Negative, Dips -0.08% appeared first on Business Today NG.

Earlier in the week, Ghana Statistical Service published the country’s GDP report for Q2-2020. According to the report, the Ghanaian economy contracted for the first time since Q2-2016 amid the negative impacts of the COVID-19 induced global lockdowns as well as declines in key export commodity prices. Specifically, the country’s real GDP dipped 3.2% y/y … The post Ghana’s Economy: Real GDP Dipped 3.2% y/y In Q2-2020 appeared first on Business Today NG.

As part of its continued commitment and ongoing investment in Africa, Facebook (www.Facebook.com) today announced it will be opening an office in Lagos, Nigeria – its second office on the African continent. Aimed at supporting the entire Sub-Saharan Africa region, the office is expected to become operational in H2 2021 and will be the first … The post Facebook Announces Its New Office In Lagos, Nigeria appeared first on Business Today NG.

A collapse in yields on Nigerian assets is leaving pension fund administrators (PFAs) with no choice but to plow back pensioners’ funds into assets offering rates below inflation. Nigeria’s biggest institutional investors, the PFAs, are reeling from a negative real interest rate environment, after a host of Central Bank of Nigeria’s (CBN) policies aimed at […]

Daniel Braie, MD/CEO Linkage Assurance Plc BY NKECHI NAECHE-ESEZOBOR-Linkage Assurance Plc, at the weekend said it hopes to grow its profit for the fourth quarter(Q4) ending 31 December, 2020 to N73.063 million. This is contained in a notice of its earnings forecast to the Nigerians Stick Exchange (NSE) that gross premium written is projected to … The post Linkage Assurance Forecasts N73.063m Profit For Q4 2020 appeared first on Business Today NG.

I hope you are all doing well and staying as safe as you possibly can. This week was my birthday and I am grateful for the gift of life. Many people lost their lives during the COVID-19 pandemic and being able to celebrate a birthday in these very interesting times is more than a blessing. […]

It’s something people living in the Saint-Barthélemy valley in Lignan have known for a long time; th.. The post Italy’s Saint-Barthélemy valley in Aosta is a paradise for star gazers first appeared on The Business News Report.

More than 850,000 people in Madrid will fac.. The post Madrid tightens restrictions after coronavirus cases spike first appeared on The Business News Report.