Suggestions

Business

Onions Can Attract Foreign Investors to Nigeria—Customs

February 26, 2021
 By Adedapo Adesanya The Onion Producers and Marketers Association of Nigeria (OPMAN) have inaugurated documented onion exports through Illela land border in Sokoto State. At the launch of the programme yesterday, the Area Controller of Nigeria Customs Service (NCS), Mr Abdulrahameed Ma’aji, in charge of Sokoto and Zamfara states, urged producers and marketers to utilize the opportunity for enhanced production
Read More
Imasayi Cashew Plant

Imasayi Cashew Plant in Ogun Resumes Operations

February 26, 2021
By Adedapo Adesanya The Ogun State government has revived its cashew processing plant at Imasayi by partnering with an indigenous agro-allied processing company, J22 Concerns Limited in Kajola. The Commissioner for Industry, Trade and Investment in the state, Mrs Kikelomo Longe, explained that this was part of efforts to boost the processing and exportation of cashew nuts. Represented by the
Read More
Osinbajo Cryptocurrency Trading

Osinbajo Opposes CBN Cryptocurrency Ban, Backs Regulation

February 26, 2021
By Aduragbemi Omiyale Vice President Yemi Osinbajo has disagreed with the Central Bank of Nigeria (CBN) on the ban on cryptocurrency trading in the country. A few weeks ago, the apex bank directed financial institutions in the country to close all bank accounts of persons or organisations trading the digital currencies. It was speculated that the central bank prohibited crypto
Read More
oil weak dollar

Oil Dips on Stronger Dollar, Fear of Supply Increase

February 27, 2021
By Adedapo Adesanya Oil prices fell on Friday as gains in the U.S. Dollar and expectations that more supply will likely to come back to the market depressed the market environment. Consequently, the Brent crude dropped 1.1 per cent or 75 cents sell at $66.13 per barrel, while the West Texas Intermediate (WTI) crude dipped  $2.01 or 3.2 per cent
Read More
Black Market

Naira Crashes to N410.25/$1 at I&E, N482/$1 at Black Market

February 27, 2021
By Adedapo Adesanya It was an unfavourable outcome for the Naira at both the Investors and Exporters (I&E) and parallel market segments of the foreign exchange market on Friday, February 26. Yesterday, the local currency was further weakened against the United States Dollar at the two opposite market segments. At the specialised market, the I&E, the Naira lost N1.58 or
Read More
1 … 2,523 2,524 2,525 2,526 2,527 … 4,118

Politics

Nigerian OTC securities exchange

OTC Exchange Rises 1.17% Amid High Trading Volume

May 18, 2024
By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange recorded a 1.2 per cent appreciation on Friday, May 17 amid a large trading activity that saw three price gainers and four price losers. The market capitalisation of the OTC exchange jumped by N19.85 billion during the trading day to N1.720 trillion from N1.700 trillion and the NASD Unlisted Security Index
Read More

Travel

Latest

forex Black Market

I&E Records $200m Turnover Monday as Panic Persists

**Naira Trades 360.50/$ at I&E FX Window By Dipo Olowookere Data obtained by Business Post from FMDQ showed that yesterday, the Investors’ & Exporters’ (I&E) segment of the foreign exchange (forex) market recorded a daily turnover of $200 million. During the trading
June 18, 2019

All Set For Dubai Summer Surprises 2019

With a few days to the start of the 22nd edition of Dubai Summer Surprises (DSS), Dubai Festivals and Retail Establishment (DFRE) has announced the highlights of this year’s exciting and fun-filled programme. Running from June 21 until August 3, 2019, DSS
June 18, 2019

Dangote Gets IT Firm to Streamline Workflow Management

The largest indigenous industrial conglomerate in Sub Saharan Africa, Dangote Group, has deployed Freshservice by Freshworks, its cloud-based service desk software that helps modernize the IT teams along with other business functions. Integration of Freshservice offers a host of ITIL-aligned features, workflow
June 18, 2019

Ecobank Reaffirms Commitment to Supporting Nollywood

Managing Director of Ecobank Nigeria, Mr Patrick Akinwuntan, has assured practitioners in the Nigerian movie industry commonly called Nollywood that the bank will continue to offer its support so as to project everything good about Nigeria to the world. Mr Akinwuntan who
June 18, 2019

Cassava Smartech, Comviva Win at East Africa Com Awards

Cassava Smartech and Comviva have jointly won the East Africa Com Award in the under the Changing Lives category for Cassava’s EcoCash mobile money service powered by mobiquity® Money. The award was presented recently at Radisson Blu Hotel in Nairobi, Kenya and
June 18, 2019
Oando SEC crisis

SEC Lied, Never Gave us Fair Hearing—Oando Insists

By Dipo Olowookere Embattled Nigerian energy company listed on both the Nigerian Stock Exchange (NSE) and the Johannesburg Stock Exchange (JSE), Oando Plc, has maintained its stance that it was not given the opportunity to defend itself during a forensic audit ordered
June 18, 2019
treasury bills yields

T-Bills Yields Jump 0.11% on Sell Pressure

By Dipo Olowookere The secondary market for treasury bills finished bearish yesterday, with yields across maturities tracked during the trading session facing north. Business Post observed that activities at the market on Monday were characterised by sell-off across the tenors, which pushed
June 18, 2019
Equities Market

Equities Post 0.37% Loss Despite Rise in Trades

By Dipo Olowookere The nation’s bourse kicked off transactions yesterday on a bearish note despite the level of activity recording significant improvement. The Nigerian Stock Exchange (NSE) closed with a 0.37 percent loss on Monday to expand the year-to-date loss to 4.75
June 18, 2019
1 … 2,523 2,524 2,525 2,526 2,527 … 4,072

@Instagram

[instagram-feed feed=1]