Category: Economy

Mobil, MTN, Bua Cement Top Gainers’ Table As Market Capitalisation Crosses N13trillion
May 22, 2020 No Responses

Mobil, MTN, Bua Cement Top Gainers’ Table As Market Capitalisation Crosses N13trillion

Investors net worth appreciated by N233 billion on the Nigerian Stock Exchange (NSE) on Friday, following gains achieved by some blue chips. NAN reports that the market capitalisation which opened trading at N12.902 trillion rose by N233 billion to close at...
read more
Ekiti, Oodua Infraco Seal 606km Broadband Infrastructure MoU
May 22, 2020 No Responses

Ekiti, Oodua Infraco Seal 606km Broadband Infrastructure MoU

As part of plan to develop digital economy in Ekiti State, the State Governor, Dr Kayode Fayemi has  signed a Memorandum of Understanding (MoU) with the O’odua Infraco Resources Limited to lay broadband infrastructure along 606 kilometers across the St...
read more
FG Tasks NPA Board On Trade Facilitation
May 21, 2020 No Responses

FG Tasks NPA Board On Trade Facilitation

The Minister of Transportation, Rotimi Amaechi, has charged the newly inaugurated board members of the Nigeria Ports Authority (NPA) to improve on trade facilitation and sea port management in the country. Amaechi gave the charge at the inauguration of members...
read more
Adeduntan: FirstBank Will Maximise COVID-19 Induced Opportunities
May 21, 2020 No Responses

Adeduntan: FirstBank Will Maximise COVID-19 Induced Opportunities

First Bank of Nigeria Limited has assured its stakeholders that it will optimally maximise the opportunities from the disruptions occasioned by the Coronavirus (COVID-19) pandemic on the economy to their advantage. Dr Adesola Adeduntan, FirstBank Chief Executi...
read more
Minister To NIMASA Board: Complete Deep Blue Sea Project
May 21, 2020 No Responses

Minister To NIMASA Board: Complete Deep Blue Sea Project

The Minister of Transportation, Mr Rotimi Amaechi, has charged the newly inaugurated board of the Nigerian Maritime Administration and Safety Agency (NIMASA) to ensure speedy completion of the deep blue sea project. Amaechi, while inaugurating members of the b...
read more
Market Capitalisation Extends Growth By N158b
May 21, 2020 No Responses

Market Capitalisation Extends Growth By N158b

Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Thursday for four consecutive days, with the key performance indicators improving further by 1.25 per cent. Consequently, the All-Share Index which opened at 24,452.23 rose by 306.16 points o...
read more
Nigeria Approves $454,000 For Seafarers’ Training
May 20, 2020 No Responses

Nigeria Approves $454,000 For Seafarers’ Training

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved $454,000 for sea-time training for Nigerian Seafarers Development Programme organised by the Nigerian Maritime Administration and safety Agency (NIMASA). &nbs...
read more
FEC Approves N2.9b Fire Service Equipment For Odukpani Oil, Gas Park
May 20, 2020 No Responses

FEC Approves N2.9b Fire Service Equipment For Odukpani Oil, Gas Park

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N2.9billion for the provision of water and fire service equipment in the National Oil and Gas Park to be sited in Odukpani, Cross River State The...
read more
NSE Market Capitalisation Sustains Growth By N130b
May 20, 2020 No Responses

NSE Market Capitalisation Sustains Growth By N130b

Sentiments remained positive on the Nigerian Stock Exchange (NSE) on Wednesday, with the market capitalisation growing by N130 billion due to gains by Dangote Cement. Specifically, the market capitalisation inched higher by N130 billion or 1.03 per cent to clo...
read more
Lagos Seaports To Receive 50 Ships With Petroleum Products, Food Items
May 20, 2020 No Responses

Lagos Seaports To Receive 50 Ships With Petroleum Products, Food Items

Fifty ships laden with petroleum products, food items and other goods are expected at the TinCan Island Port and the Lagos Port Complex from May 20 to June 3. The Nigerian Ports Authority (NPA) in its publication, `Shipping Position’, explained...
read more
Stakeholders Task New SEC D-G On Capital Market Master Plan Implementation
May 19, 2020 No Responses

Stakeholders Task New SEC D-G On Capital Market Master Plan Implementation

Capital market operators on Tuesday advised Mr Lamido Yuguda, nominated as the Director-General, Securities and Exchange Commission (SEC), to prioritise  investor protection and effective implementation of capital market master plan, if confirmed by the Senat...
read more
Senate Begins Amendment Of Nigeria’s Local Content Law
May 19, 2020 No Responses

Senate Begins Amendment Of Nigeria’s Local Content Law

The Senate has commenced amendment of the Nigerian Oil and Gas Industry Content Development Act 2010, following the consideration of a bill seeking to boost local content and strengthen the nation’s economy.    The Nigerian Oil and Gas Industry Content&nbs...
read more
Zenith General Insurance Declares N3.06b Profit For 2019
May 19, 2020 No Responses

Zenith General Insurance Declares N3.06b Profit For 2019

Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review of the results showed positive improvements on a year-on-year basis with profit before tax rising by 16% from N3.16bn to N3.67bn...
read more
Delta Port To Receive Nine Vessels
May 19, 2020 No Responses

Delta Port To Receive Nine Vessels

The Nigerian Ports Authority (NPA) on Tuesday disclosed that nine vessels are expected to arrive at the Delta Port, Warri, between May 19 and May 30. According to NPA’s daily publication, ‘Shipping Position,’ the ships were laden with Automotive Gasolin...
read more
1 … 75 76 77 78 79 … 110