Economy Archives — Page 192 of 231

January 1, 2018 No Responses

Heal the world movement empowers over 200 people

In a swift move to curb the spate of increasing unemployment in Nigeria , Heal The World Movement , a Christian charity organisation with headquarters in Lagos, Nigerian and branches within the country and globally, recently organised a one month ...

December 29, 2017 No Responses

NSE emerges one of the top five best performing exchange in 2017

The value of public companies on global stock markets grew by $12.4 trillion in 2017, according to S&P Dow Jones Indices, which included dividends in its calculation. According to CNN, a number of markets even outperformed the U.S. Here’s...

December 25, 2017 No Responses

Priest, community leader condemn hike in product prices, services

A Catholic Priest, Rev. Fr. Gabriel Fatoye, has criticised some retailers and service providers for deliberating increasing prices of products and services during the Christmas season. Fatoye, an Associate Parish Priest of the Sacred Heart Catholic Church, O...

December 24, 2017 No Responses

SGF: FG not contemplating hike in petrol pump price

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products. Mustapha disclosed this on Saturday at the handing...

December 22, 2017 No Responses

Customs hits N1trillion highest revenue collection

The Nigeria Customs Service (NCS) has recorded its highest revenue collection ever of over N1 trillion as against N770 billion target set for 2017. The Service Public Relations Officer, Mr Joseph Attah, announced this at a news conference in Abuja...

December 22, 2017 No Responses

UNIJOS, others acquire subsidiaries of Nigerian Mining Corporation

The National Council on Privatisation (NCP), at its 4th meeting for 2017,approved the privatisation of the remaining 5 (out of the 23) subsidiaries of the Nigerian Mining Corporation (NMC). The NCP approved the sale of Naraguta Bricks and Clay Company...

December 19, 2017 No Responses

Oando shareholders insist on forensic audit

Shareholders under the aegis of the Oando Shareholders Solidarity Group (OSSG) have faulted recent claims by the management of the company that it dragged the Securities and Exchange Commission (SEC) to court to protect shareholders’ interest. In a stat...

December 18, 2017 No Responses

Heritage Bank gets CBN’s sustainable banking award in agric

Heritage Bank has been bestowed with the inaugural Nigeria Sustainable Banking Award convened by the Central Bank of Nigeria (CBN) “For Sustainable Transaction of The Year in Agriculture.” The award which was in recognition of its outstanding success and l...

December 17, 2017 No Responses

Ogun begins mass production of ofada Rice

The Ogun State Government mass produced Ofada rice is to be ready for sale to the public this Christmas season in all the Local Government and Local Council Development Areas of the state. The MITROS Ofada Rice, which is...

December 15, 2017 No Responses

Microbiologist wins N5m Heritage Bank’s Sponsored Next Titan Season-4

A 22-year-old entrepreneur, Mr. Iyeh Kennedy has emerged winner of Season 4 of the Next Titan, Nigeria’s entrepreneurial reality TV show sponsored by Heritage Bank Plc, as headline sponsor. Kennedy is the MD of Blue Leaf Herbs and Spices which...

December 15, 2017 No Responses

NSE Photo News

L-R: Bola Adeeko, Head, Corporate Services Division, The Nigerian Stock Exchange (NSE); Aderemi A. Adetayo, Chief Executive Officer, Moving Media; Oscar N. Onyema, OON, Chief Executive Officer, NSE, His Excellency, Senator Ibikunle Amosun, Executive Governor...

December 14, 2017 No Responses

Researchers, policymakers to discuss cassava agronomy

Scientists across Africa and their colleagues in other parts of the world are meeting with policymakers in Tanzania under the auspices of the African Agronomy Initiative (ACAI) to discuss the progress made in the last two years in providing clues...

December 13, 2017 No Responses

CBN injects $210m into currency market

The Central Bank of Nigeria (CBN) said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. In a statement, the bank said it had released 100...

December 12, 2017 No Responses

Market capitalisation depreciates by N120b

Transactions on the floor of Nigerian Stock Exchange (NSE) on Monday commenced on a negative note as market capitalisation which opened at N13.672 trillion dropped by N120 billion or 0.89 per cent to close at N13.913 trillion. Also, the All-Share...