Economy - Page 1361

Naira Now N1,136/$1 Amid Persistent Inflationary Pressures

April 16, 2024

By Adedapo Adesanya The Naira appreciated further against the United States Dollar by 0.6 per cent or N6.34 at the Nigerian Autonomous Foreign Exchange

Economy

Naira Depreciates at Interbank, Gains at Investors’ Window

October 16, 2018

Dipo Olowookere

By Dipo Olowookere On Monday, the local currency traded mixed against the Dollar at the foreign exchange (forex) market as the general elections draw

Economy

SEC, NSE Approve CCNN, Kalambaina Cement Merger

October 16, 2018

Dipo Olowookere

By Dipo Olowookere The board of Cement Company of Northern Nigeria (CCNN) Plc has disclosed that approvals have been obtained from the duo of

Economy

Nigerian Stocks Begin Week with 0.13% Loss

October 16, 2018

Dipo Olowookere

By Dipo Olowookere Activities resumed afresh on the floor of the Nigerian Stock Exchange (NSE) on Monday with investors chewing on the Q3 results

Economy

One-Year T-Bills Shed 0.08% as Money Market Rates Jump to 42.12%

October 16, 2018

Dipo Olowookere

By Dipo Olowookere The treasury bills market started the week with mixed sentiment. This was because there were hikes on the yields on two

Economy

Red Star Express Opens Office in Benin Republic

October 15, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka As part of its expansion plans, Red Star Express Plc, a company listed on the Nigerian Stock Exchange (NSE), has opened

Dangote Refinery returnee graduate engineers

Economy

NCDMB, Dangote Refinery Partner on Local Content Implementation

October 15, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka Nigerian Content Development and Monitoring Board (NCDMB) has praised the management of Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises

Economy

Conoil Excites Shareholders With Positive Q3 Results

October 15, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka To the astonishment of investing public and shareholders, Conoil Plc released its financial statements for the third quarter of 2018 on

Economy

N495b T-bills Mature as Analysts Predict Rise in PMA Rates

October 15, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka On Thursday, treasury bills worth N494.8 billion will mature via the primary and secondary market, which will more than offset T-bills

Economy

Court Orders Seplat Chairman to Pay Diamond Bank, Skye Bank $114m

October 14, 2018

Dipo Olowookere

By Dipo Olowookere Founder and chairman of Seplat Petroleum Development Company (Seplat) Plc, Mr Ambrosie Bryant Chukwueloka Orjiako, has been directed to pay the