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Business

brent crude oil

Brent Trades $67/Barrel Despite High Crude Inventories

February 25, 2021
By Adedapo Adesanya The Brent crude jumped to $67 per barrel on Wednesday despite a surprising report that showed a build in crude inventories in the United States, the largest oil-producing country in the world. During the trading session, the global benchmark, which many country use to price their crude, appreciated by 2.8 per cent or $1.85 to trade at
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CSCS Stocks

CSCS Buoys Bulls’ Return to NASD by 0.94%

February 25, 2021
By Adedapo Adesanya After closing in the negative territory for four consecutive trading days, the NASD Over-the-Counter (OTC) Securities Exchange finished bullish on Wednesday. Business Post reports that the unlisted securities market closed higher by 0.94 per cent at the midweek session on the back of the gains recorded by Central Securities Clearing Systems (CSCS). The share price of the
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Naira BDC Segment

Naira Loses 0.05% to Trade N408.80/$1 at I&E FX  Window

February 25, 2021
By Adedapo Adesanya The Naira gave up some gains made on the US Dollar at the previous session on Wednesday, February 24 at the Investors and Exporters (I&E) window of the foreign exchange market. At the previous session, after a constant plunge, the domestic currency rose to N408.60/$1 but gave up 0.05 per cent or 20 kobo of this yesterday
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Pricing Methodology for stocks

Stocks Gain 0.14% as Zenith Bank Dividend News Buoys Interest

February 25, 2021
By Dipo Olowookere The renewed interest in Nigerian stocks continued on Wednesday, contributing to the 0.14 per cent growth seen at the market during the session. The news that Zenith Bank has proposed the payment of N2.70 final dividend on Tuesday has continued to make investors take a good look at Nigerian Stock Exchange (NSE). Business Post reports that at
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Treasury Bills CBN Sold

Nigeria’s 12-Month Treasury Bills Stop Rate Clears at 5.5%

February 25, 2021
By Dipo Olowookere The stop rates of treasury bills were further increased by the Central Bank of Nigeria (CBN) at the primary market on Wednesday. The apex bank had in recent time been raising the annual interest rate of the financial asset, resulting in renewed interest from investors, who waste no time to pounce on any available risk-free investment tool
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Politics

suleja prison

Tension as Inmates Escape from Suleja Prison After Rainstorm

April 25, 2024
By Adedapo Adesanya Tensions have heightened as several inmates escaped from the old Suleja Correctional Centre in the Suleja Local Government Area of Niger State following a rainstorm that destroyed a part of the facility’s fence on Wednesday night. The storm accompanied by heavy rain around 9 p.m. destroyed parts of the old Suleja custodial centre, a development that led
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Travel

Latest

Lagos Post Online Rebrands to Meet Demands on Readers

Managing Editor of Lagos Post Online, Mr Damilare Bankole, has announced the revamping of the digital news platform. Mr Bankole said the transformation was carried out so as to meet the demands of readers in terms of wider information gathering and dissemination
May 26, 2019

Beyontec Crosses 50 Insurance Customers Milestone

Leading provider of technology solutions for the global insurance industry, Beyontec, has achieved the significant 50-customers milestone and has set the acceleration of its growth trajectory with focus on new markets and the introduction of new products. The company continues to enlarge
May 26, 2019
NSE All-Share Index

NSE Bars Stockbrokers, Others from Capital Market for Fraud

By Dipo Olowookere No fewer than 33 stockbrokers, accountants, directors, compliance officers, registrar and information and technology specialists among others have been blacklisted by the Nigerian Stock Exchange (NSE). The affected persons were found guilty of going against rules governing the Nigerian
May 26, 2019

Russia and the Congo Business

By Kester Kenn Klomegah Over the years, Russia and Republic of Congo has had good bilateral relations and undoubtedly there are still prospects for strengthening these relations especially in the economy and security spheres as underlined during the meeting between Vladimir Putin
May 26, 2019

Missing Lagos Chartered Accountant Found Dead in Canal

By Dipo Olowookere The lifeless body of the Lagos-based Chartered Accountant declared missing some days ago has been found in a canal around Mosan-Okunola area of the metropolis. The deceased, Adewura Lateefat Bello, was declared missing some days ago while returning from
May 26, 2019

Another Nigerian Pastor Joshua Iginla Buys Private Jet

By Dipo Olowookere The list of Nigerian cleric with private jets is increasing by the day and the latest to join the elite’s gang is Prophet Joshua Iginla, founder of Champions Royal Assembly, Abuja. The man of God announced the acquisition of
May 26, 2019
financial stocks

N8.7bn Financial Stocks Exchanged Hands in One Week

By Dipo Olowookere A total turnover of 1.698 billion shares worth N57.895 billion in 24,328 deals were traded last week by investors on the floor of the Nigerian Stock Exchange (NSE) in contrast to a total of 1.172 billion shares valued at
May 26, 2019
mtn-sells-shares

MTN Nigeria Suffers First Loss at Stock Market

By Dipo Olowookere For the first time after its listing on the Nigerian Stock Exchange (NSE) on Thursday, May 16, 2019, shares of MTN Nigeria depreciated by 6.04 percent or N9 on Friday, May 24, 2019. Since its much-awaited listing on the
May 26, 2019
1 … 2,520 2,521 2,522 2,523 2,524 … 4,043

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