Economy Archives — Page 182 of 249

June 1, 2020 No Responses

Japaul, Nahco Top Gainers’ Table As NSE Records N24b Growth

The Nigeria Stock Exchange (NSE) on Monday resumed trading in June on a positive note, with the All- Share Index appreciating by 0.19 per cent. Specifically, the index rose by 48.33 points or 0.19 per cent to close at 25,316.15...

May 29, 2020 No Responses

Bua Cement, Flour Mills Top Gainers’ Table As Market Capitalisation Expand Growth By N53b

The key performance indicators of the Nigerian Stock Exchange (NSE) closed the last trading day of May with 0.40 per cent growth. Specifically, the market capitalisation on Friday inched higher by N53 billion or 0.40 per cent to close at...

May 29, 2020 No Responses

10,000 Farmers To Benefit From World Bank Projects In Lagos

Not less than 10,000 farmers are to benefit from the World Bank-assisted Agro-processing, Productivity Enhancement and Livelihood Improvement Support Project (APPEALS) in Lagos State. The State Commissioner for Agriculture, Mr Gbolahan Lawal stated this during...

May 26, 2020 No Responses

At UBA Africa Day Conversations, Global Leaders Seek Path To Economic Recovery

Global leaders at the second edition of United Bank for Africa (UBA) African Day Conversations, have emphasised the need for meaningful collaborations between governments and the private sector as a panacea for the quick recovery of the economy of the...

May 25, 2020 No Responses

ILO Issues Guidance For Safe Return To Work During COVID-19

Two guidance documents for creating safe and effective return-to-work conditions during the COVID-19 pandemic have been issued by the International Labour Organization (ILO).The Guidance Note says that return to work policies need to be informed by a h...

May 25, 2020 No Responses

Ecobank Gets Most Innovative Bank In Africa Award

Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the Innovators 2020, honoring entities that regularly identify new paths and design new tools in finance. Cat...

May 25, 2020 No Responses

Relocate Dry Dock To Niger Delta, UNDEDSS, PANDEF Urge FG

The Pan-Niger Delta Forum (PANDEF) and the United Niger Delta Energy Development Security Strategy (UNDEDSS) have urged the Federal Government to relocate the Mega Dry Dock from Lagos waters to the Niger Delta region.The two organisations stated this at a...

May 24, 2020 No Responses

Chinese Envoy To Nigeria: Develop Creative Industry For Stronger Economy

A Chinese envoy to Nigeria, Mr Li Xuda, advised the Federal Government on Saturday to focus more on developing the creative industry to fortify Nigeria’s economy. Xuda, who is the Cultural Counsellor of the Embassy of the People’s Republic of...

May 22, 2020 No Responses

CSCS Shareholders Approve N4.3b Dividend For 2019

For the financial year ended December 31, 2019, Shareholders of Central Securities Clearing System (CSCS) Plc, on Friday, approved total dividend of N4.3 billiion. The shareholders gave the approval at the company’s virtual 26th Annual General Meeting (AGM) ...

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.....

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...

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...

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...

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...