Economy Archives — Page 196 of 231

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), the Board...

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...

October 30, 2017 No Responses

Osinbajo: It’s in Nigeria’s interest to promote transparency in extractive sector

Nigeria will continue to embrace transparency in the extractive sector because it is in the country’s overriding national interest to do so, Vice President, Yemi Osinbajo, has said. Prof. Osinbajo stated this during a bilateral meeting with the Chairman of...

October 30, 2017 No Responses

Oando: Shareholders seek accelerated forensic audit

The proposed forensic audit of Oando Plc should commence without any further delay, shareholders of the company declared on Sunday in Lagos. According to the shareholders, the investigation should be detailed and “without any fear or favour”. Under t...

October 28, 2017 No Responses

Investors stake N4.458b on UBA, Access Bank, FBN Holdings in five days

For the week ended October 27, 2017, trading in the shares of United Bank for Africa (UBA) Plc, Access Bank Plc and FBN Holdings Plc accounted for 515.058 million shares worth N4.458 billion in 3,088 deals. Trading in the shares on the...

October 26, 2017 No Responses

Market capitalisation attains N101b, index up by 0.25 per cent

For the second day, the Nigerian Stock Exchange (NSE) on Wednesday sustained growth as the market capitalization recorded N101billion to close atN12.675 trillion. Also, the index increased by 91.23 points or 0.25 per cent to close at 36,622.85 compared with....

October 25, 2017 No Responses

Yam exporters refute report as minister implores National Assembly on 1989 law

By citybusinessnews@yahoo.com – Nigerian yam exporters have refuted news report which alleged rejection of their consignments in the United Kingdom (UK) and United States of America (USA). In a statement on Tuesday, the exporters explained that...

October 25, 2017 No Responses

Investors stake N303m on UBA shares

By citybusinessnews@yahoo.com – The slidding mood on the floor of the Nigerian Stock Exchange (NSE) came under control on Tuesday as the All-Share Index gained 118.89 points or 0.33 per cent to close at 36,531.62, compared with 36,412.73 recorde...

October 24, 2017 No Responses

SEC votes N160m for Oando’s Forensic Audit, highlights alleged insider dealing

By citybusinessnews@yahoo.com – The Securities and Exchange Commission (SEC) has set in motion machinery for the forensic audit of Oando Plc. To ensure the independence and transparency of the exercise, the Forensic Audit according ...

October 24, 2017 No Responses

Lafarge, Nigeria Breweries, Zenith Bank suffer more losses as market capitalisation drops further by N60b

By citybusinessnews@yahoo.com – Trasnsactions on the floor of Nigerian Stock Exchange (NSE) continued on Monday on a negative trend as market capitalisation dipped further by N60billion. Specifically, market capitalisation which opened for the...

October 22, 2017 No Responses

5,400 farmers, agro-dealers benefit from $3m USAID agric scheme

The United States Agency for International Development (USAID) says 5,400 agro-inputs dealers and farmers have benefitted from its three million dollars Feed the Future Nigeria Agro-Inputs Activity. The Nigeria Mission Director of USAID, Stephen Haykin, said...