Suggestions

Business

ASHON members

ASHON Tasks Members on Dealing With Evolving Operating Environment

October 24, 2022
By Adedapo Adesanya The Association of Securities Dealing Houses of Nigeria (ASHON) has advised its members to start deploying new strategic directions that will enable them to cope with the challenges of their operating environment. The advice was given during ASHON’s recently held Annual General Meeting (AGM) for the fiscal year that ended December 31, 2021. The Chairman of the
Read More
eNaira

eNaira Has Put Nigeria in Global Spotlight—CBN

October 24, 2022
By Aduragbemi Omiyale The Central Bank of Nigeria (CBN) has said the introduction of the eNaira, the digital form of the Nigerian legal tender, Naira, last year has made many countries of the world want to do a similar thing. On Monday, October 25, 2021, President Muhammadu Buhari formally the eNaira in Abuja. The app was made available on Google
Read More
crude oil market

Crude Oil Market Edges Lower on Chinese Demand, Stronger Dollar

October 25, 2022
By Adedapo Adesanya  The crude oil market depreciated on Monday as data showed that demand from China remained lacklustre in September, with the US Dollar growing stronger, putting pressure on the commodity. At the market yesterday, the Brent crude futures lost 24 cents or 0.3 per cent to settle at $93.26 a barrel as the US West Texas Intermediate (WTI)
Read More
Naira parallel market

Naira Sells N760/$1 at Parallel Market, N769/$1 at P2P

October 25, 2022
By Adedapo Adesanya The Naira performed badly against the United States Dollar in the various segments of the foreign exchange (forex) on Monday amid a continuous shortage of FX in the country. Business Post reports that the Naira lost different amounts against the greenback in the Peer-to-Peer (P2P) and the parallel market windows but closed stronger at the Investors and
Read More
NASD Unlisted Securities Index

NASD Ends in Stalemate Despite 1,054% Rise in Trading Volume

October 25, 2022
By Adedapo Adesanya The first trading session of the new week closed in the flat territory on Monday as the key performance indicators at the NASD Over-the-Counter (OTC) Securities Exchange remained unchanged at the close of business. Business Post reports that the market capitalisation of the NASD Exchange retained the previous value of N960.88 billion, while the NASD Unlisted Securities
Read More
1 … 3,338 3,339 3,340 3,341 3,342 … 4,100

Politics

ANOH Gas Plant

Tinubu To Commission Three Critical Gas Projects

May 3, 2024
By Adedapo Adesanya President Bola Tinubu will commission three critical gas infrastructure projects undertaken by the Nigerian National Petroleum Company (NNPC) Limited and its partners as part of efforts to use gas to boost the Nigerian economy. This was disclosed in a statement by the Special Adviser to the President on Media and Publicity, Mr Ajuri Ngelale, on Friday, adding
Read More

Travel

Latest

France, Senegal to Host Education Financing Conference

By Dipo Olowookere Senegal and France have been announced as co-host of a conference focusing on education financing. The event is organised by the Global Partnership for Education (GPE) and will take place on February 8, 2018 in Dakar, Senegal. Presidents Macky
September 23, 2017
crude oil prices

OPEC Grants Nigeria’s Oil Output Cut Exemption Request

By Dipo Olowookere The request by the Nigerian government for an exemption from the crude oil production cut has been granted by the Organisation of Petroleum Exporting Countries (OPEC). At the meeting of the Joint Ministerial Monitoring Committee of OPEC and Non
September 23, 2017
apapa roads

Apapa Gridlock: Ambode Bars Trucks From Entering Lagos

**Orders RRS, LASTMA, LASEMA to enforce directive at state borders By Dipo Olowookere Governor Akinwunmi Ambode of Lagos State has approved the restriction of trucks entering the metropolis as a way of dealing with the incessant traffic logjams experienced at the Apapa
September 23, 2017

Lafarge Announces Closed Period as Board Meets Tuesday

By Modupe Gbadeyanka The management of one of the leading cement firms in Nigeria, Lafarge Africa Plc, has announced the commencement of its closed period. The company, in a notice to the Nigerian Stock Exchange (NSE) dated Thursday, September 21, 2017, said
September 22, 2017
Equities Market

Nigerian Equities Rebound on Low Volume, Gain N103b

By Modupe Gbadeyanka Nigerian stocks rebounded on Friday to erase yesterday’s marginal loss, closing today 0.85 percent higher to push the year-to-date return up to 32.05 percent. Business Post reports that trading activities on the floor of the Nigerian Stock Exchange (NSE)
September 22, 2017

Reps Clear Air on NGO Regulation Bill

By Modupe Gbadeyanka Nigeria’s House of Representatives has explained the main reason behind the controversial NGO Regulation Bill. In a statement issued on Friday by the Deputy Majority Leader of the House of Representatives, Mr Umar Buba Jibril, the lower chamber of
September 22, 2017

GCR Assigns BBB(NG) Rating to Fortis MFB’s N10b Bonds

By Modupe Gbadeyanka An indicative, public national scale long term rating of BBB(NG) has been assigned to Fortis Microfinance Bank Plc’s N10 billion Bonds by Global Credit Ratings (GCR); with a Stable Outlook. According to GCR, the indicative credit rating was accorded
September 22, 2017
1 … 3,338 3,339 3,340 3,341 3,342 … 4,054

@Instagram

[instagram-feed feed=1]