Economy – Page 279 – City Business News

November 2, 2017 No Responses

Customs impounds Dangote Cement truck, 9 others with 6,206 bags of rice

By citybusinessnews@yahoo.com – The Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), zone ‘A’, Ikeja has seized Dangote Cement Truck, nine others with not less than 6,206 bags of smuggled rice. Briefing Journalists on Wednesday in Lagos, the Customs Area Controller...

November 2, 2017 No Responses

Heritage Bank partners IFCOD on use of art performance for economic development

As part of its commitment to the growth and socio-economic development of Nigeria’s creative industry, Heritage Bank Plc has seal partnership with the organizers of the International Festival of Contemporary Dance (IFCOD) to host the second edition of ...

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...

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 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...

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....