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crude oil

Nigeria Loses 200,000 Barrels of Crude Oil Daily

February 25, 2021
By Adedapo Adesanya The Nigerian National Petroleum Corporation (NNPC) has disclosed that the country loses an equivalent of 200,000 barrels of crude oil per day to theft and vandalism despite support from security agencies. To address this issue, the Group Managing Director of the agency, Mr Mele Kyari, has called for more support of the security agencies across the country.
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CBN Governor

Cryptocurrencies Creating Anxieties for Regulators—CBN Governor

February 26, 2021
By Adedapo Adesanya The Central Bank of Nigeria (CBN) appears not to be backing down on its decision to restrict cryptocurrencies trading in the country as the Governor of the bank, Mr Godwin Emefiele, has described digital currencies as “money created out of thin air.” Mr Emefiele, while appearing before a joint Senate Committee on Banking, Insurance and Other Financial
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electricity consumers

NERC Meters 40.3% of Electricity Consumers in Six Months

February 26, 2021
By Adedapo Adesanya In the first six months of 2020, the Nigerian Electricity Regulatory Commission (NERC) said it metered a total of 4,234,759 electricity consumers that requested to be metered. In its 2020 second-quarter report released on Wednesday, the regulatory agency for Nigeria’s electricity sector explained that the figure represents 40.3 per cent of the 10,516,090 customers that registered for
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NASD Unlisted Securities Index

NASD OTC Exchange Ends in Stalemate Thursday

February 26, 2021
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed flat on Thursday in the midst of a significant decline in the level of participation. During the trading session, the unlisted securities market recorded no price mover, while the key performance indicators remained unchanged when activities were rounded up. Business Post reports that the market capitalisation of the NASD Exchange
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Stock Market Newspaper

Stock Market Loses N66bn Amid Weak Trading Activity

February 26, 2021
By Dipo Olowookere The stock market in Nigeria retreated to its normal position in recent times, the bearish territory, on Thursday following the decision of investors to book profit. Business Post reports that there was a 0.31 per cent decline at the Nigerian Stock Exchange (NSE) yesterday as a result of the profit-taking. The announcement from Zenith Bank that it
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1 … 2,521 2,522 2,523 2,524 2,525 … 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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Financial Literacy: Stanbic IBTC, JAN Host MoneyBee Competition

A member of Standard Bank Group, Stanbic IBTC Holdings Plc, has partnered with Junior Achievement of Nigeria (JAN) to host the inaugural MoneyBee competition aimed at promoting financial literacy among secondary school pupils and in commemoration of this year Children’s Day celebration.
June 4, 2019

IOM Installs Solar Lamp Posts in Niger to Curb Crisis

At the request of local authorities and community members last month, the International Organization for Migration (IOM) installed 55 solar lamp posts in the Bilma department, region of Kawar in Niger, through its project Community Stabilization Initiatives in Northern Niger (COSINN), financed
June 4, 2019

Curbing the Menace of Suicide in Nigeria

By Okechukwu Keshi Ukegbu Suicide is defined as the act of intentionally causing one’s own death. Studies have traced causes of suicide to mental disorders, including depression, bipolar disorder, schizophrenia, personality disorders, and substance abuse—including alcoholism and the use of benzodiazepine, among
June 4, 2019

Court Stops Removal of Oando Board Members by SEC

By Dipo Olowookere Justice Mojisola Olatoregun of the Lagos High Court has granted an interim injunction restraining the Securities and Exchange Commission (SEC) from removing the Group Chief Executive Officer of Oando Plc, Mr Adewale Tinubu, and his deputy, Mr Omamofe Boyo.
June 4, 2019

Big Brother Naija 2019 Starts June 30

By Dipo Olowookere The much-awaited 2019 edition of Africa’s biggest reality television show, Big Brother Naija, will commence this month, the organisers have said. In an announcement made yesterday, Multichoice Nigeria, a leading payTV service provider in the country, which organises the
June 4, 2019

Tension as Police Storm Oando Head Office in Lagos

By Modupe Gbadeyanka Reports reaching us indicate that the head office of Oando Plc located on Ozumba Mbadiwe, Victoria Island, Lagos, has been taken over by security operatives from the Nigeria Police Force. It was learned that the security officials were at
June 3, 2019
Equities Market bearish bullish

Investors Transact 1.082bn Shares Worth N18bn

By Modupe Gbadeyanka Last week, the Nigeria stock market opened for four trading days as a result of the holiday declared by the federal government on Wednesday, May 29, 2019 to mark the inauguration day celebrations. By the time things wrapped up
June 3, 2019
1 … 2,521 2,522 2,523 2,524 2,525 … 4,055

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