Economy - Page 1371

Panic as Nigerian Government Resumes Clampdown on Street FX Traders

May 7, 2024

By Dipo Olowookere There is palpable fear in the black market segment of the currency market in Lagos as security officials have resumed clampdown

Economy

Killing of Farmers Threatens Food Security in Nigeria—NRC

October 23, 2018

Dipo Olowookere

By Dipo Olowookere The Norwegian Refugee Council (NRC) has warned that repeated attacks against farmers risk aggravating the food crisis in Northeast Nigeria. In

Economy

Transcorp Declares N16b Profit in 9 Months

October 23, 2018

Dipo Olowookere

By Dipo Olowookere The board of Transnational Corporation of Nigeria (Transcorp) Plc has announced a profit before tax of N17.717 billion for the period

Economy

Oil Marketers Seek Quick Payment of N130.7b Subsidy Debt

October 23, 2018

Dipo Olowookere

By Dipo Olowookere An appeal has been made to federal government to ensure that the N130.7 billion subsidy debt is paid promptly to oil

Economy

Cutix Imports 95% of Raw Materials—Management

October 23, 2018

Dipo Olowookere

By Dipo Olowookere Nigeria-based manufacturer of electric cables and wires, Cutix Plc, has disclosed that 95 percent of its raw materials are imported into

Economy

Nigeria Can Generate N1.7b Daily from Consumption of Eggs

October 23, 2018

Dipo Olowookere

By Dipo Olowookere National President of Poultry Association of Nigeria (PAN), Mr Ezekiel Mam, has said if 50 percent of population of the nation

Economy

Investors Resume Trading on Union Dicon Salt, Thomas Wyatt Shares

October 23, 2018

Dipo Olowookere

By Dipo Olowookere Trading on the shares of Thomas Wyatt Nigeria Plc and Union Dicon Salt Plc has resumed after the Nigerian Stock Exchange

Economy

Naira Depreciates by 0.02% at Interbank, I&E Windows

October 23, 2018

Dipo Olowookere

By Dipo Olowookere The local currency opened bearish at the first trading day of the week on Monday, going down by 0.02 percent at

Economy

Market Capitalisation Hits N12tr on Sustained Buying Pressure

October 23, 2018

Dipo Olowookere

By Dipo Olowookere The release of Q3 results by companies quoted on the Nigerian Stock Exchange (NSE) has continued to propel investors to add

Economy

T-Bills Market Bullish as Yields Drop to 13.73%

October 23, 2018

Dipo Olowookere

By Dipo Olowookere Activities resumed yesterday at the secondary market for treasury bills with investors cherry-picking on attractive rates on the short end of