Economy - Page 1368

Ajuri Ngelale spending power of Nigerians

Spending Power of Nigerians Has Substantially Increased—Presidency

May 3, 2024

By Modupe Gbadeyanka The Special Adviser to President Bola Tinubu on Media and Publicity, Mr Ajuri Ngelale, has claimed that the spending power of

Economy

US Stocks May Regain Ground After Previous Day’s Sell-off

October 25, 2018

Dipo Olowookere

By Investors Hub The major U.S. index futures are pointing to a higher opening on Thursday, with stocks likely to regain ground following the

Economy

NEM Insurance Risks NSE Suspension, Fined N.575m

October 25, 2018

Dipo Olowookere

By Dipo Olowookere For contravening Rule 19.3 of its Rulebook, the Nigerian Stock Exchange (NSE) has fined NEM Insurance Plc, one of the insurance

Economy

PotNetwork Holdings Grows Revenue by 37% to $6.1m in Q3

October 25, 2018

Dipo Olowookere

By Dipo Olowookere A 37 percent growth in revenue has been recorded by PotNetwork Holdings in the third quarter results released by the firm

Economy

Baker & Taylor Joins Publiseer to Expand Library Distribution Services

October 25, 2018

Dipo Olowookere

By Dipo Olowookere Book libraries are a big deal and a growing opportunity for independent authors around the world. This is the reason why

Economy

AfDB Unveils $500m Insurance Deal

October 25, 2018

Dipo Olowookere

By Dipo Olowookere A $500 million credit insurance deal has been signed between the African Development Bank (AfDB) and African Trade Insurance Agency (ATI).

Economy

Equities Lose N287b as Investors Take Profit

October 25, 2018

Dipo Olowookere

By Dipo Olowookere The equities market in Nigeria was returned to the red territory on Wednesday as a result of profit taking by investors.

Economy

Treasury Bills Yields Rise Ahead of Anticipated OMO Auction

October 25, 2018

Dipo Olowookere

By Dipo Olowookere Ahead of the anticipated sale of treasury bills via the Open Market Operations (OMO) by the Central Bank of Nigeria (CBN)

Economy

FG Renews Oranto Petroleum Licence for OPL 293 Oil Block

October 24, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The operating licence granted to Nigeria-based Oranto Petroleum for OPL 293 oil and gas block has been renewed by federal government.

Economy

T-Bills Market Reverses Gains as Cost of Funds Drop

October 24, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The cost of funds depreciated on Tuesday as the average money market rate declined by 5.75 percent to close at 15.40

Economy

NSE Index Sustains Growth by 0.69% Despite Drop in Trading Volume

October 23, 2018

Dipo Olowookere

By Dipo Olowookere The local stock market maintained its bullish trend on Tuesday as the third quarter earnings continue to impress investors. More companies

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Economy - Page 1368

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