NLC Threatens Crackdown On Employers Failing To Remit Workers’ Pensions From June 1
NLC warns defaulting employers risk prosecution and picketing over unremitted pension deductions and lack of workers’ pension plans.
Markets
IMF Urges Nigeria, Africa To Embrace Private Sector-Led Growth Amid Rising Debt Pressures
IMF warns debt-driven growth is unsustainable, urging Nigeria and African economies to accelerate private sector-led reforms urgently.
$5bn NLNG Train 7 Nears Completion As Nigeria Deepens Local Content
NLNG Train 7 has reached 92% completion as Nigerian oil firms, jobs and local manufacturing capacity expanded significantly.
US Links Terror Funding In Nigeria, Africa To Drug Cartels As NDLEA Busts N480bn Meth Network
AFRICOM links terrorism financing to drug carfinanas NDLEA dismantles N480bn meth syndicate with foreign collaborators in Nigeria.
Dangote: Refinery IPO Set For September, Investor Demand Almost $2 Billion
Dangote says refinery share offering has attracted close to $2 billion in investor demand ahead of planned September launch.
Presidency Highlights RegTech Role In Driving Financial Inclusion And Digital Economy
Presidency says RegTech can boost financial inclusion, strengthen trust and support Nigeria’s shift to a digital economy.
Nigeria’s online source for up-to-date information on what the stock markets are doing today. ARISE News brings you world stock market coverage along with breaking news, data analysis and comment. Whether you are at home or overseas you can rely on our coverage.
Commodities and Futures
The last couple of years have seen several agricultural products rise in importance in the Nigerian economy and cocoa beans, sesame, cashew and rice are all ones to watch this year. As well as the traditional oil. Experts will also be keeping a keen eye on the growing rise in fertillizers.
Dangote: Refinery Projected To Surpass $100bn Revenue Target By 2030
Dangote says refinery’s revenue is projected to exceed $100 billion by 2030, setting unprecedented African corporate growth record.
Evelyn Oyome Retains Ikoyi Club Ladies Golf Championship Title
Evelyn Oyome defends her Ikoyi Club Ladies Championship crown, ahead of Pat Ozoemene and others.
EU Unveils €4.5m Peace, Resilience Project For 537,000 Sokoto Residents
EU has launched a €4.5 million peace and resilience project targeting insecurity, poverty and displacement across Sokoto communities.
Commodities
We watch the commodities market closely to keep you informed with the very latest information on global movements in oil, natural gas, precious and industrial metals, sugar and other agricultural products amongst others.
Currencies and Forex
Whether you are at home or part of the successful Nigerian diaspora, this is a market to keep a close watch on. ARISE News brings you the latest on the most important global currencies as well as latest news and comment on the growing strength of the Naira.
NYSE
The world’s largest stock exchange. Technology is now at the heart of the NYSE, which prides itself as the market for innovation, with an average of 2.4 billion shares exchanging hands every day. With it’s famous trading floor and opening and closing bell, it is now the only in-person trading venue for global equities exchange.
NASDAQ
The largest electronic stock market in the world and second largest in terms of securities’ values. One to watch for energy, finance, healthcare, technology and transportation as well as being well-known for high-tech stocks. Using the NASDAQ Composite Index to measure the change in the over 3,000 stocks traded on NASDAQ. Look out for the likes of Apple, Microsoft and Amazon.
FTSE
The FTSE 100, colloquially known as the ‘Footsie’, is an index made up of share of the 100 largest companies on the London Stock Exchange (LSE). Historical ties between our nation and the UK make it a popular choice for many Nigerian investors wishing to invest in established companies such as Barclays, HSBC, BP and BAE. As well as the wildly successful younger companies such as AstraZeneca.
JSE
The largest stock exchange in Africa, it has come along way from its roots in the South African Gold Rush, having been established in 1887. The natural home for African investors, we watch with excitement as we see the rise in stocks such as Master Drilling Group, Sentova Ltd and Novus Holdings Ltd.
