Capital market operators implore CBN, SEC on single license

Capital market operators implore CBN, SEC on single license

Capital market operators at the weekend in Lagos called on the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant them single dealing license to access discount window.    Speaking at the 2017 annual conference...
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APM Terminals unveils refrigerated truck transport

APM Terminals unveils refrigerated truck transport

APM Terminals, in conjunction with Naija Pride and with the assistance of international development groups is working to provide modern cold chain transportation alternatives for farmers in the agricultural centers of northern Nigeria as part of measures to br...
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Access Bank unveils growth agenda, explains 351 new branches

Access Bank unveils growth agenda, explains 351 new branches

Foremost financial institution, Access Bank Plc on Monday announced new five-year strategy with an ambitious plan to become Africa’s Gateway to the World.   Briefing stakeholders at the Nigerian Stock Exchange (NSE), the Bank explained that development is t...
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Oando:Shareholders demand Kemi Adeosun’s sack

Oando:Shareholders demand Kemi Adeosun’s sack

South-South Coordinator of the Oando Shareholders Solidarity Group (OSSG), Mr Clement Ebitimi, has called on President Muhammadu Buhari to sack the Minister of Finance, Kemi Adeosun, for allegedly meddling in the forensic audit of Oando Plc.  Some newspapers ...
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Infinity Tyres Debuts in Lekki, Flags off 2017 Value Drive Promo

Infinity Tyres Debuts in Lekki, Flags off 2017 Value Drive Promo

By Moses Ebosele, ebosele@hotmail.com  –   Infinity Tyres Limited, Nigeria’s leading tyre, battery and premium automobile accessories brand has concluded plans to open a full-fledged branch in Lekki, Lagos State in the first week of December, 2017 t...
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Nigerian Breweries, Stanbic IBTC top gainers’ table as market capitalisation sustains growth by N89b

Nigerian Breweries, Stanbic IBTC top gainers’ table as market capitalisation sustains growth by N89b

Nigerian Breweries on Tuesday recorded the highest price gain of N6.43 to lead the gainers’ table and closed at N137.60 per share.   Stanbic IBTC followed by a gain of N1.85 to close at N41.85, while Dangote Cement increased by...
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Oando: Shareholders insist on interim management

Oando: Shareholders insist on interim management

Shareholders of Oando Plc have advised the current management of the company under the leadership of Mr Wale Tinubu to step down in the interest of all stakeholders.    A Federal High Court sitting in Lagos had last week dismissed...
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Nestle shareholders to get 1,500k interim dividend as Wapic, Zenith, UBA records N5.8b deals in five days

Nestle shareholders to get 1,500k interim dividend as Wapic, Zenith, UBA records N5.8b deals in five days

 For the period ended September 2017, Nestle Plc has proposed 1500 kobo interim dividend.   In a notice to the Nigerian StockExchange (NSE), the company explained that qualification date is 24th November 2017 while closure date is 27th November 2017....
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Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

Investors stake N1.14b on UBA shares as market capitalisation records N28b growth

United Bank for Africa (UBA) on Thursday emerged the toast of investors with a turnover of 116.63 million shares valued at N1.14 billion on the floor of NigerianStock Exchange (NSE).  Access Bank followed with 98.34 million shares worth N987.63 million,...
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Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Transactions on the floor of Nigerian Stock Exchange (NSE) commenced on Monday on a positive as investors gained N66billion.   At the end of the day’s transaction, Dangote Cement topped the gainers’ table recording N8.99 to close at N238 per...
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Female business owners to hold 2017 annual seminar, trade fair in Lagos

Female business owners to hold 2017 annual seminar, trade fair in Lagos

The Network of Enterprising Women (NEWN), a network of 200 female business owners in Nigeria and the Diaspora, is to  hold its 2017 annual seminar and trade fair tagged ‘Partnering and Collaborating for Business Excellence’ on November 23, 2017 at...
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Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

The Nigerian Stock Exchange (NSE) ended the week on a positive note on Friday as market capitalisation  which opened at N12.823 trillion, increased  by N24 billion or 0.19 per cent to close at N12.847 trillion.   Also, the All-Share Index...
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NPA boss at lagos trade fair, harps on capacity building, efficient port system

NPA boss at lagos trade fair, harps on capacity building, efficient port system

By  citybusinessnews@yahoo.com    The Managing Director of  Nigerian Ports Authority (NPA), Hadiza Bala Usman has pledged to invest more resources in capacity building as part of measures to attain an efficient port system.   Bala Usman made the remark a...
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Market capitalisation sustains growth with N43b

Market capitalisation sustains growth with N43b

Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained  N43 billion or 0.34 per cent to close at N12.853 trillion.   Also, the...
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