NASD securities exchange

NASD OTC Exchange Jumps 2.20% as Trading Value Surges 6,446%

March 23, 2024
By Adedapo Adesanya The NASD Over-the-Counter (OTC) recorded a 2.20 per cent jump on Friday, March 22 as investors recorded an increase of N31.51 billion in their portfolios after the market capitalisation of the bourse closed at N1.464 trillion compared with the previous day’s N1.432 trillion. In the same vein, NASD Unlisted Security Index (NSI) went up at the close
12.5kg Cooking Gas Refill Price

12.5kg Cooking Gas Refill Price Rises 28.33% in One Month to N15,060

March 23, 2024
By Aduragbemi Omiyale The National Bureau of Statistics (NBS) on Friday said the average price of refilling a 12.5kg cylinder of a Liquefied Petroleum Gas (LPG), otherwise known as cooking gas in Nigeria surged by 28.33 per cent on a month-on-month basis to N15,060.38 from N11,735.72 in January 2024. The agency revealed this information in a report titled Liquefied Petroleum
Association of Nigeria Licensed Customs Agents

Customs Agents Allege Arbitrary Increase in Haulage Fare at Onne Port

March 23, 2024
By Bon Peters There has been palpable tension at Onne Port in Rivers State over what the Association of Nigeria Licensed Customs Agents (ANLCA), Eastern Zone, described as an alleged arbitrary increase in haulage fare by the transport unions, maritime flat and cargo and freight forwarding transport, in connivance with the Nigeria Shippers Council (NSC). Our correspondent reports that trouble
Local Meals

How Prices of Rice, Beans, Garri, Yam, Others Rose in February

March 25, 2024
By Adedapo Adesanya The cost of buying rice, beans, beef, garri, yam, and bread as well as other food items increased in February 2024, showing that Nigerians continue to face rising food inflation, according to the latest data by the National Bureau of Statistics (NBS). It said this in its Selected Food Prices Watch report for February 2024 released in
NGX Activity Chart

UBA, FBN Holdings, Access Holdings Lead Activity Chart in One Week

March 25, 2024
By Dipo Olowookere The trio of United Bank for Africa (UBA) Plc, FBN Holdings Plc and Access Holdings Plc dominated the activity chart at the Nigerian Exchange (NGX) Limited last week, accounting for 564.882 million shares worth N16.990 billion in 8,493 deals, contributing 32.56 per cent and 34.85 per cent to the total trading volume and value, respectively, last week.

Politics

Aradel Holdings

Aradel Holdings Spurs 3.6% Appreciation at Unlisted Securities Bourse

May 10, 2024
By Adedapo Adesanya Aradel Holdings Plc was the star of the show on Thursday at the NASD Over-the-Counter (OTC) Securities Exchange, which appreciated by 3.6 per cent at the close of trading activities. The energy stock improved its value by N226.20 during the trading session to sell at N2,928.20 per unit compared with the N2,622.00 it closed on Wednesday. As

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Buhari Congratulates Oyegun On 77th Birthday

President Muhammadu Buhari has felicitated with the National Chairman of All Progressives Congress, APC, Chief John Odigie Oyegun as he marks his 77th birthday on August 12, 2016. Buhari, in a statement signed by one of his media aides, Femi Adesina, joined
August 12, 2016

6000 Kids For Cowbell Summer Camp

The 2016 Cowbell Chocolate summer camp is expected to have not less than 6,000 children participating, the organisers have said. The kids are drawn from several schools across the country. At the six-day summer camp tagged ‘Chocademy’, opens in Makurdi, Benue State
August 12, 2016

Protesters Block Chevron Depot In Delta

On Thursday, August 11, 2016, some villagers staged a demonstration outside a Chevron facility in Delta State. The protesters demanded for better attention from the company as well as placements in Chevron. During the protest, personnel of the Nigerian military were deployed
August 11, 2016

Buhari Makes Case For ‘Endangered’ Lake Chad

  An appeal has been made to rich countries in the world to do something urgent to save the Lake Chad from extinction, arising from effects of climate change. President Muhammadu Buhari made this plea when he received the Director-General of UNESCO,
August 11, 2016

Nigeria Confirms Polio Outbreak In Borno

Minister of Health, Professor Isaac Adewole, has confirmed an outbreak of wild polio virus (WPV) in Borno State. This comes barely a year after Nigeria was declared a polio-free country. Business Post recalls that on September 25, 2015, the World Health Organization
August 11, 2016

Zenith Bank Records N44.8b Profit In H1

***Proposes 25k Interim Dividend Zenith Bank Plc has released its operating results for the six months period ended June 30, 2016, revealing a 15.7 percent decline in its profit after tax of N44.8 billion from N53.2 billion posted for the same period
August 11, 2016

Osun NUJ Disowns Vice President

The Nigeria Union of Journalists’ (NUJ) Osun State Council on Thursday passed vote of no confidence on the National Vice President B Zone, Mr Cosmos Oni and called on the National President Mr Waheed Odusile not to delegate him on any assignment
August 11, 2016

NSE Market Capitalisation Loses N49b

Trading on the floor of the Nigerian Stock Exchange (NSE) on Thursday, August 11, 2016 ended on a bad note. The market capitalisation of the Nigerian equities market shed N49 billion, in spite of the 25k interim dividend announced by Zenith Bank
August 11, 2016

Aboyeji Quits Andela, Floats Flutterwave

Co-founder of Andela, Mark Zuckerberg’s first big tech investment in Africa, Iyin Aboyeji, has announced his exit from the company. Andela is a Lagos-based coder training company, which raised about $24 million courtesy Facebook founder, Mark Zuckerberg, about eight weeks ago. Aboyeji
August 11, 2016

CAC Seeks Amendment Of CAMA Act

The review provisions of the Companies and Allied Matters Act 1990 (CAMA) to conform to the current global trends has been proposed by the Corporate Affairs Commission (CAC). Special Assistant to the Registrar-General of CAC, Garba Abubakar pointed out that the CAMA
August 11, 2016