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Business

Juli Plc

Transcorp, Juli, 20 Others Jumpstart Stock Market by 0.13%

March 21, 2024
By Dipo Olowookere The Nigerian Exchange (NGX) Limited rebounded by 0.13 per cent on Thursday, posting its first gain this week after closing in the negative territory for three consecutive trading sessions. The stock market was jumpstarted by an improvement in the share prices of Juli, Transcorp and 20 others, though 29 equities ended on the losers’ table, indicating a
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Crude Oil Prices

US Demand Data, Possible Gaza Ceasefire Weaken Oil Prices

March 22, 2024
By Adedapo Adesanya  Oil prices settled slightly lower on Thursday, pressured by weaker US demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. At the market yesterday, the price of the Brent crude futures fell by 17 cents or 0.2 per cent to $85.78 a barrel, while the US West Texas Intermediate (WTI) crude
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naira value

Naira Trades Stronger at N1,453.28/$1 on FX Liquidity Boost

March 22, 2024
By Adedapo Adesanya The Naira pulled a 2.6 per cent or N39.33 appreciation against the US Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM) on Thursday, March 21, closing at N1,453.28/$1 versus the previous day’s N1,492.61/$1. The positive outcome for the local currency came as the country recorded a massive boost in its external reserves after it paid off
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food concepts

Food Concepts, FrieslandCampina Sink NASD OTC Bourse by 0.29%

March 22, 2024
By Adedapo Adesanya Food Concepts Plc and FrieslandCampina Wamco Nigeria Plc activated a 0.29 per cent loss at the NASD Over-the-Counter (OTC) Securities Exchange on Thursday, March 21. Food Concepts, which owns the food chain, Chicken Republic, saw a 7 Kobo price depreciation to sell at N2.15 per share compared to midweek’s N2.22 per share, and FrieslandCampina Wamco Plc lost
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faac allocation

FAAC Distributes N 1.152trn to FG, States, Local Councils for March 2024

March 22, 2024
By Modupe Gbadeyanka About N1.2 trillion, precisely N1.152 trillion, has been allocated to the federal, state and local governments of the federation by the Federation Account Allocation Committee (FAAC). This was from the revenue generated last month by the nation through Electronic Money Transfer Levy (EMTL), Exchange Difference, Value Added Tax (VAT) and others. The money was shared among the
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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

Latest

Ex-Adamawa SSG John Manassah Dies

A former Secretary to the Adamawa State Government, John Eddie Manassah, has been reported dead. Mr Manassah, according to reports, died on Wednesday morning in Yola, the state capital. Eldest son of the late politician, Yangadi Mannassah John, who confirmed the news,
August 10, 2016

Why I Do Ventriloquism Comedy—Nev Harrison

Upwardly mobile stand-up comedian, Nev Harrison has revealed that he introduced ventriloquism art of comedy to the Nigerian scene in order to immortalise his late younger brother, Ejiro who initially had the plans of becoming a ventriloquist. Nev delivers his comedy through
August 10, 2016

Bobbles Pay TV Debuts In Europe

A new pay TV platform called Bobbles TV has launched in Europe on Wednesday, August 10, 2016. The platform said its service can be received throughout Europe via satellite and internet. Bobbles.tv targets around 14 million people from Asia, Latin America and
August 10, 2016

Access Bank Upgrades PayWithCapture App

The digital banking application of Access Bank, PayWithCapture, has been upgraded to make transactions seamless. Business Post learnt that the latest version, PayWithCapture 5.0, comes with additional features that enable customers to transfer funds from any bank account (one or more) to
August 10, 2016

Nike Debuts New Film ‘Unlimited Courage’

Leading sports brand, Nike, has announced its next film aimed to celebrate a summer of sport and encourage athletes. The flick, ‘Unlimited Courage’, according to Nike, celebrates an extraordinary athlete, Chris Mosier, and his unlimited determination and spirit to become the first
August 10, 2016

All Set For 23rd World Energy Congress In Turkey

  Momentum is building towards the 23rd World Energy Congress, due to take place in Istanbul between 9th and 13th October, just two months away. Government ministers from almost 50 countries are among the 261 influential senior leaders confirmed to speak at
August 10, 2016

JAC Targets African, Middle East Auto Markets

Leading Chinese automaker, JAC, has expressed its intention to look into the Middle East and African markets to boost its sales. The company says it plans to focus on young, tech-savvy and style-conscious drivers in the two markets. This, Business Post learnt,
August 10, 2016

CBN Extends BVN Registration For Diaspora Customers

The Central Bank of Nigeria (CBN) has announced the extension of registration for the Bank Verification Numbers (BVN) for Nigerian customers living abroad. In a circular released on Tuesday by the Director, Banking and Payment System of CBN, Mr Dipo Fatokun, the
August 10, 2016

No Plan To Hike Fuel Price—NNPC Assures

Nigerians have been guaranteed that there would not be an increase in the pump price of Premium Motor Spirit (PMS) commonly called petrol. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, said this while reacting to speculations
August 10, 2016

Saudi Revises Visa Fees For Pilgrims

Authorities of Saudi Arabia have carried out new amendments to visa fees for pilgrims going to the country. The country’s cabinet of ministers announced on Tuesday that the changes will see all visa fees completely waived off and fully paid for by
August 9, 2016
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