Economy - Page 1285

NASD OTC Securities Exchange Drops 0.06%

May 4, 2024

By Adedapo Adesanya Afriland Properties Plc pulled down the NASD Over-the-Counter (OTC) Securities Exchange by 0.06 per cent on Friday, May 3 after its

Economy

Zedcrest Capital Emerges Best Proprietary Investment Company

April 4, 2019

Dipo Olowookere

By Dipo Olowookere New-age financial solutions powerhouse, Zedcrest Capital Group, has been announced as the Proprietary Investment Company of the Year. The Lagos-based firm

Economy

CBN Sells Fresh T-Bills Worth N96bn, Raises Stop Rates

April 4, 2019

Dipo Olowookere

By Dipo Olowookere Fresh treasury bills valued at N95.7 billion were sold to investors on Wednesday by the Central Bank of Nigeria (CBN). The

Economy

Swedish Company Buys Nampak Cartons Nigeria

April 3, 2019

Dipo Olowookere

By Dipo Olowookere The Nigerian paper packaging arm of Nampak, Nampak Cartons Nigeria, has been handed over to a Swedish company, AR Packaging, for

Economy

NNPC Tasks Host Communities on Oil Theft, Vandalism

April 3, 2019

Dipo Olowookere

By Dipo Olowookere The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project,

Economy

Where are Equities Headed after an Underwhelming Q1?

April 3, 2019

Dipo Olowookere

By United Capital Research March proved to be a month of “surprise” after the Nigerian equity market failed to recover in the wake of

Economy

Jumia Offers 80% Discount to Promote Easter Shopping

April 3, 2019

Dipo Olowookere

Nigeria’s number one online shopping destination, Jumia has announced that it will offer up to 80% discount during its Easter Sale campaign which is

Economy

CBN Introduces New FX Futures Contract at N363.29/$

April 3, 2019

Dipo Olowookere

By Dipo Olowookere The Central Bank of Nigeria (CBN) in March 2019 introduced a new Over-the-Counter (OTC) forex futures contract into the market. This

Economy

CBN Resumes OMO Auction, Mops up N326bn

April 3, 2019

Dipo Olowookere

By Dipo Olowookere The Central Bank of Nigeria (CBN) on Tuesday resumed its Open Market Operations (OMO) sales, which was used to take out

Economy

GlaxoSmithKline to Shut Down Agbara Factory After Restructuring

April 2, 2019

Dipo Olowookere

By Dipo Olowookere The management of GlaxoSmithKline Nigeria Plc has announced its intention to shut down the company’s factory in Agbara, Ogun State. In