Business Archives — Page 318 of 484

November 1, 2017 No Responses

N22 lifts Nestle to N1,252 per share

By citybusinessnews@yahoo.com – Transactions on the floor of Nigerian Stock Exchange (NSE) continued on Tuesday on a positive note as market capitalisation gained N67 billion or 0.53 per cent to close at N12.694 trillion compared with N12.627 trillion on Monday. Also, the All-Share Index appreciated further by 195.99...

November 1, 2017 No Responses

Buhari hosts Saraki, Dogara, others

President Muhammadu Buhari on Tuesday night hosted the leadership of the National Assembly (NASS) to dinner at the Presidential Villa, Abuja. Earlier scheduled for last week, the dinner which was rescheduled for Tuesday had in attendance Senate President...

November 1, 2017 No Responses

No going back on Gelegele Seaport project, says Obaseki

The Edo State Government has assured the people of the state that work on the Gelegele Seaport is in progress as there is sufficient economic justification for its development. Speaking to journalists on the socio-economic gains of the planned...

November 1, 2017 No Responses

NSE Photo News

L – R shows Pai Gamde, Ag. Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Oscar N. Onyema OON, Chief Executive Officer, NSE; Tsitsi Masiyiwa, Board Chairman, African Philanthropy Forum and Olumide Orojimi, Head, Corporate Communication...

November 1, 2017 No Responses

Group alleges ‘siege mentality against Intels’

The Niger Delta Youth Coalition (NDYC) has accused the Oil and Gas Free Zones Authority (OGFZA), Nigerian Ports Authority (NPA) and the Federal Inland Revenue Service (FIRS) of incessant attacks against Intels Nigeria Limited, saying that such alleged att...

November 1, 2017 No Responses

NPA Photo News

Chairman, Nigerian Ports Authority Board of Directors, Mr. Emmanuel Adesoye (left), the Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman (Middle) and Capt. Olugbenga Abidoye during the 2017 World Maritime Day celebration yesterday i...

October 31, 2017 No Responses

Hyundai begins 30-day free service in Nigeria

By citybusinessnews@yahoo.com – Hyundai Motors Nigeria Limited (HMNL) on Monday announced a comprehensive 30-day discounted service campaign, beginning from 01 November 2017 for owners and fleet managers of Hyundai cars including Hyundai Comme...

October 31, 2017 No Responses

Total Nigeria, Forte Oil top gainers’ table

By citybusinessnews@yahoo.com – Transactions on the floor of Nigerian Stock Exchange (NSE) resumed on Monday on a positive note as market capitalisation increased by N8 billion or 0.06 per cent to close at N12.627 trillion compared to N12.61...

October 31, 2017 No Responses

SEC inaugurates capital market development fund

The Securities and Exchange Commission (SEC) on Monday inaugurated the Nigerian Capital Market Development Fund (NCMDF) in Abuja. Speaking at the event, the Director General of SEC, Mr Mounir Gwarzo, who is also the Chairman of NCMDF board, explained ...

October 31, 2017 No Responses

FG to unveil six locomotives, 100 wagons, partner Israeli firm on maritime security

By citybusinessnews@yahoo.com – The Federal Government is to deploy six locomotives and 100 wagons before the end of December, 2017 as part measure to boost rail transportation nationwide. Speaking at the 2017 World Maritime Day, organise...

October 31, 2017 No Responses

LCCI seeks auto policy review, decries over 400 % increase in cost of vehicles

The automotive policy is biting harder on the economy and must be urgently reviewed, the Lagos Chamber of Commerce and Industry (LCCI) said on Monday in Lagos. According to the Director-General of LCCI, Mr Muda Yusuf, the review was necessary...

October 31, 2017 No Responses

Atiku absent at APC Caucus meeting

Former Vice-President Atiku Abubakar was conspicuously absent at the All Progressives Congress’ caucus meeting which was presided over by President Muhammadu Buhari at the new Banquet Hall, Aso Rock, Abuja. The News Agency of Nigeria (NAN), however, gathered...

October 30, 2017 No Responses

Nigerian Breweries declares N7.9b interim dividend

By citybusinessnews@yahoo.com – For the nine (9) months ended September 30, 2017, the Board of Directors of Nigerian Breweries Plc has announced a revenue of N254.7 billion. In the statement of the result sent to Nigerian Stock Exchange (NSE...

October 30, 2017 No Responses

Emefiele at London Stock Exchange, explains highest ROI in Nigeria

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged investors to come over to Nigeria, declaring that the nation’s Return on Investment (ROI) in all sectors of the economy are among the best in the world. Addressing...