Category : STOCK MARKET

West Africa’s economy is expected to see increased growth in 2015 despite the devastating impact of Ebola on some countries, Ms Hanna Tetteh, the Minister...

Troubled smartphone maker Blackberry has reported a larger-than-expected drop in revenue during the third quarter. Revenue fell to $793m (£507m) from $1.19bn a year earlier,...

  Nigeria has $3.1 billion left in its oil savings account, down 13% from $4 billion last month, after paying out revenue allocations for the...

Addicted to liquidity and disconnected from the real economy, global markets are likely to dance in 2015 to the different monetary policy tunes played by...

Egypt’s stock market plunged by 22 billion Egyptian pounds (just over $3 billion) in a single day of trading Sunday as low oil prices dragged...

  Oil exploration in the country is expected to slow down next year due to a sharp decline in global prices of crude oil that...

     style=”display:inline-block;width:728px;height:90px”      data-ad-client=”ca-pub-3299921071151129″      data-ad-slot=”2102069697″> When it comes to investing in stocks, most investors dream of big capital gains — share prices shooting through...

Mr. Oscar N. Onyema, OON, Chief Executive Officer of The Nigerian Stock Exchange (NSE), was on Sunday, November 23, 2014 elected President of African Securities Exchanges...

With crude oil prices hitting five-year lows, investors are scrambling to gauge the impact of the sharp drop in petroleum costs on companies beyond the...

By Goddy Egene The Nigerian equities market has   lost N1.822 trillion in capitalisation in the last 11 months as the market succumbed to forces within...

Glencore and its partner in Congo are planning to upgrade hydroelectric plant in Congo, with an investment of $360m. The move comes as the mining...

ACQUISITIVE healthcare conglomerate Ascendis has taken steps to reinforce its existing black empowerment credentials. The company announced on Thursday that it would shift its empowerment...

* Bajaj Auto falls 2.3 percent, while Bharti Airtel is down 1.3%. * Nigeria's central bank devalued the naira by 8 percent and raised interest...

Orascom Telecom Media and Technology of Egypt has earned more than US$500 million from its mobile phone business in North Korea. Orascom posted the figure...

American Tower Corp. (AMT) has agreed to buy towers across Nigeria and Brazil for more than $2.2 billion, furthering the U.S. company’s plans to expand...

  Investec Plc (INVP), which owns a bank and money manager in South Africa and the U.K., said its fiscal second-half earnings may increase from...

  Ethiopia has told Chinese telecoms firm ZTE Corp it risked losing part of its deal worth $800 million to expand the nation’s network because...