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Irrigated Farmland

Nasarawa Donates Farmland to UNDP for Food Security

February 23, 2021
By Ahmed Rahma To tackle food insecurity in the state, the Nasarawa State government has donated 400 hectares of farmland to the United Nations Development Programme (UNDP) for agricultural purposes. The Special Adviser to the Governor on Non-governmental organisations and Development Partners, Ms Munirat Abdullahion, handed over the land to the implementing partners at the project sites in Awe and
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NDEP

NDEP, FrieslandCampina Return Bears to OTC Market

February 23, 2021
By Adedapo Adesanya The new trading week on the floor NASD Over-the-Counter (OTC) Securities Exchange was bearish as the bears resurfaced, causing the market to fall by 0.94 per cent on Monday. The return of the bears was influenced by Niger Delta Exploration and Production (NDEP) Plc and FrieslandCampina WAMCO Nigeria Plc. Yesterday, the share price of NDEP declined by
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Oil Importers

DPR Intensifies Efforts to Raise Oil GDP Contribution to 15%

February 23, 2021
By Adedapo Adesanya The Department of Petroleum Resources (DPR) has said plans are on the way to increase the contribution of the oil and gas sector to the nation’s Gross Domestic Product (GDP) to about 15 per cent from the current eight per cent. The spokesman of the DPR, Mr Paul Osu, said in the statement on Monday that the
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United Capital revenue

United Capital Delivers Impressive Returns to Shareholders

February 23, 2021
By Dipo Olowookere Despite operating in a tough environment in the 2020 financial year, United Capital managed to deliver impressive returns to its shareholders. On March 26, 2020, shareholders of the company will have 70 kobo dividends paid to their bank accounts after approval at the Annual General Meeting (AGM) fixed for Lagoon Restaurant on Victoria Island, Lagos on Tuesday,
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Jim Ovia Zenith Bank AGM

Zenith Bank Declares N2.70 Dividend After 10% Rise in FY20 PAT

February 23, 2021
By Dipo Olowookere One of the leading financial institutions in Nigeria, Zenith Bank Plc, has announced the payment of N2.70 final dividend for the year ended December 31, 2020. The lender, which released its audited financial statements for the year on Tuesday, said the final dividend was subject to the 10 per cent withholding tax and approval at the Annual
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1 … 2,518 2,519 2,520 2,521 2,522 … 4,100

Politics

unlisted securities exchange

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 share price went down by 65 Kobo to N11.20 per unit from N11.85 per unit. Business Post reports that the NASD Unlisted Security Index (NSI) fell by 0.65 points to wrap the final session of the
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Travel

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Jumia Sets Tourism Agenda for New Lagos Governor

Managing Director of Jumia’s hotel and flight marketplace, Ms Omolara Adagunodo, has set out a tourism agenda for the administration of new Governor of Lagos State, His Excellency, Babajide Sanwoolu. Ms Adagunodo in a press statement called on the governor to focus on
June 8, 2019
AIT-RAYPOWER

Daar Communications Shares Trade Flat Amid NBC Sanction

By Dipo Olowookere Shares of Daar Communications Plc traded flat on the floor of the Nigerian Stock Exchange (NSE) on Friday despite the trouble facing the company at the moment. On Thursday, its industry regulator, the National Broadcasting Commission (NBC), suspended the
June 8, 2019
oando nigeria

Two Directors Quit Oando Board Amid SEC Saga

By Dipo Olowookere Leading energy firm, Oando Plc, has announced the resignation of two of its non-executive directors from its board. A notice to the Nigerian Stock Exchange (NSE) on Friday said the two persons are Mr Sena Anthony and Mr Oghogho
June 7, 2019

FBNQuest Merchant Bank Sells N8.04bn Commercial Paper

By Dipo Olowookere Commercial paper worth N8.04 billion has been issued to investors in Nigeria by FBNQuest Merchant Bank Limited, an arm of FBN Holdings Plc. The debt instrument was issued by the lender in three different parts; N3.84 billion Series 7,
June 7, 2019

Outcries as NBC Suspends Operating Licence of AIT, RayPower FM

The operating licence of DAAR Communications Plc, operators of African Independent Television (AIT), RayPower FM and Faaji FM, has been suspended by the National Broadcasting Commission (NBC). Director General of the media watchdog in Nigeria, Mr Isa’aq Modibbo, said at a briefing
June 7, 2019

Asian Stocks Close Mixed Amid US-Mexico Tariff Stalemate

By Investors Hub Asian stocks turned in a mixed performance on Thursday after the U.S. and Mexico failed to reach a deal during their tariff talks on Wednesday. China’s Shanghai Composite Index ended down 33.62 points or 1.2 percent at 2,827.80 after
June 6, 2019
European Shares

European Shares Rise Thursday

By Investors Hub European stocks have risen on Thursday as hopes for more central bank stimulus has helped offset worries surrounding slowing global growth. Adding to the positive sentiment, European Central Bank indicated interest rates will remain at their current level longer
June 6, 2019

Wall Street Opens Flat on Looming Jobs Data

By Investors Hub The major U.S. index futures are pointing to a roughly flat opening on Thursday, with stocks likely to show a lack of direction after moving sharply higher over the two previous sessions. The markets could continue to benefit from
June 6, 2019
1 … 2,518 2,519 2,520 2,521 2,522 … 4,055

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