Economy – Page 278 – City Business News

November 16, 2017 No Responses

Ghana budgets $13.9b for 2018

The Ghanaian government plans to spend 13.9 billion dollars (62 billion Ghana cedis) in the 2018 fiscal year, the country’s finance minister said on Wednesday. Presenting the government’s fiscal policy to parliament, Kenneth Ofori-Atta, said the budget, with the theme “Putting...

November 15, 2017 No Responses

Labour seeks panel on new national minimum wage

By citybusinessnews@yahoo.com – The Association of Senior Civil Servant of Nigeria (ASCSN) has advised the Federal Government to constitute a panel to negotiate new national minimum wage. In an address delivered on Tuesday in Enugu b...

November 15, 2017 No Responses

Market capitalisation depreciates by N124billion

Transactions on the floor of Nigerian Stock Exchange (NSE) ended on Tuesday in the negative territory as market capitalisation dropped by N124billion. Specifically, the market capitalisation lost N124 billion or 0.96 per cent to close at N12.789 trilli...

November 14, 2017 No Responses

Dangote Cement, Forte Oil, others lift market capitalisation by N66b

Transactions on the floor of Nigerian Stock Exchange (NSE) commenced on Monday on a positive as investors gained N66billion. At the end of the day’s transaction, Dangote Cement topped the gainers’ table recording N8.99 to close at N238 per...

November 12, 2017 No Responses

NSE PHOTO NEWS

L-R: Oscar N. Onyema, OON, CEO, Nigerian Stock Exchange ( NSE) , Timothy E. McPherson, Minister of Finance, Sovereign State of Accompong and Kamil Olufowobi, CEO Most Influential 100 Limited during a courtesy visit to the NSE CEO in Lagos,...

November 11, 2017 No Responses

Forte Oil lead gainers’ table as NSE market capitalisation consolidates growth by N24b

The Nigerian Stock Exchange (NSE) ended the week on a positive note on Friday as market capitalisation which opened at N12.823 trillion, increased by N24 billion or 0.19 per cent to close at N12.847 trillion. Also, the All-Share Index...

November 11, 2017 No Responses

NPA boss at lagos trade fair, harps on capacity building, efficient port system

By citybusinessnews@yahoo.com The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has pledged to invest more resources in capacity building as part of measures to attain an efficient port system. Bala Usman made the remark a...

November 9, 2017 No Responses

Market capitalisation sustains growth with N43b

Transactions on the floor of Nigerian Stock Exchange (NSE) continued on a positive note on Wednesday as the market capitalisation which opened at N12.810 trillion gained N43 billion or 0.34 per cent to close at N12.853 trillion. Also, the...

November 8, 2017 No Responses

FG to investigate Nigerian users of offshore tax havens

Members of the Civil Society Legislative Advocacy Centre (CISLAC), the National Chapter of Transparency International, TI, in Nigeria, and Premium Times Centre for Investigative Journalism, PTCIJ, have called on the Federal Government to investigate Nigerians ...

November 8, 2017 No Responses

FG to spend N35b on Housing Programme, N9.8b on Mambilla Hydro Project

The Federal Government has set aside N35.4 billion to address the housing needs of its workforce under the National Housing Programme in 2018. President Muhammadu Buhari made this known when he presented the 2018 budget proposal at the joint session...

November 8, 2017 No Responses

Relief as NSE market capitalisation rises by N29b

Investors’ wealth in Nigerian Stock Exchange (NSE) appreciated on Tuesday as the market capitalisation increased by N29 billion or 0.23 per cent to close at N12.810 trillion from N12.781 trillion recorded on Monday. Also, the All-share index increased by....

November 7, 2017 No Responses

Elumelu at Presidential Villa, implores investors on Nigeria’s business ranking

Foremost industrialist and entrepreneur, Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country. Speaking with Journalists after a visit to the.....

November 7, 2017 No Responses

Total top losers’ table as market capitalisation records N3b loss

Transactions on the floor of Nigerian Stock Exchange (NSE) resumed on a negative note on Monday as market capitalisation, which opened atN12.784 trillion, dropped by three billion naira or 0.02 per cent to close at N12.781 trillion. Also, the All-Share...

November 3, 2017 No Responses

Market capitalisation declines by N3b

Profit taking on Thursday curtailed the three-day growth recorded on the floor of Nigerian Stock Exchange (NSE). Specifically, market capitalisation, which opened at N12.766 trillion, dropped three billion or 0.02 per cent to close at N12.763trillion. Also...