Economy - Page 1410

NGX Index Down 0.06% on Sustained Profit-Taking in Banking Equities

April 19, 2024

By Dipo Olowookere More profit-taking in banking equities kept the Nigerian Exchange (NGX) Limited in the domain of the bears by 0.06 per cent

Economy

NSE Index Drops to 10-Month Low as Market Capitalisation Falls to N12tr

August 11, 2018

Dipo Olowookere

By Dipo Olowookere The Nigerian stock market suffered its biggest loss in over two months on Friday, closing 2.17 lower when activities were brought

Economy

Naira Loses 0.03% at I&E FX Window to Trade at N362.19/$

August 10, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The local currency suffered a marginal loss of 0.03 percent at the Investors and Exporters (I&E) foreign exchange segment on Thursday.

Economy

CBN Soaks Inflows from N452b Maturing Bills via N377b OMO Sales

August 10, 2018

Modupe Gbadeyanka

By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) on Thursday conducted another OMO auction to manage excess liquidity via maturities N452 billion bills.

Economy

Nigeria Gives MTN Deadline to List Shares on Stock Exchange

August 10, 2018

Dipo Olowookere

By Dipo Olowookere A deadline has been given to leading telecommunications firm, MTN Nigeria, to list its shares on the Nigerian Stock Exchange (NSE).

Economy

Firm Slams N4.9b Suit on Bank of Industry

August 10, 2018

Dipo Olowookere

By Dipo Olowookere The Bank of Industry (BoI) has been accused by Reagan Cement Limited of breaching terms of the loan agreement both parties

Economy

CAC Considers Reduction in Cost of Company Registration

August 10, 2018

Dipo Olowookere

By Dipo Olowookere Acting Registrar-General of Corporate Affairs Commission (CAC), Ms Azuka Azinge, has revealed that the agency plans to reduce the amount charged

Economy

9mobile Sale: NCC Plans Fresh Due Diligence on Teleology

August 10, 2018

Dipo Olowookere

By Dipo Olowookere Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, has disclosed that the agency was conducting another round

Economy

Equity Investors Extend Losses on Mixed Corporate Earnings

August 10, 2018

Dipo Olowookere

By Dipo Olowookere For the fourth consecutive day, the Nigerian Stock Exchange (NSE) closed on Thursday on a sad note as investors continue to

Economy

Notore Q3 Earnings Show 20% Drop in Revenue, N3.9b Loss After Tax

August 9, 2018

Dipo Olowookere

By Dipo Olowookere The board of Notore Chemical Industries Plc on Thursday made the company’s financial statements for the third quarter of the year

Economy

Asian Stocks Close Mixed Thursday as China Hits Back at US

August 9, 2018

Dipo Olowookere

By Investors Hub Asian stocks ended mixed on Thursday after China announced retaliatory tariffs against the United States, raising concerns over the escalation of

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Economy - Page 1410

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