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  • Honeywell flour Mills Plc declares full year profit of N2.84bn

    Honeywell Flour Mills Plc has recorded a profit after tax of N2.844bn for the full year ended March 31, 2013. This represents an increase of six per cent over the N2.7bn recorded in the similar period of...

    • Posted September 25, 2013
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  • NSE trains 627 stockbrokers in preparation for New Trading Platform Launch

    The Nigerian Stock Exchange, NSE, has concluded training of over 627 stockbrokers in preparation for the Q3 2013 launch of its new Trading Platform, the X-Gen. It was gathered that the training sessions were spread across various...

    • Posted September 18, 2013
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  • Stock Market Watch: Indices gain 0.41%

    Transactions on the Nigerian Stock Exchange, NSE, on Wednesday ended on a positive note when compared with the previous day as the All Share-Index, ALSI, appreciated by 146.53 points or 0.41 percent to close at 36,259.65 points...

    • Posted September 11, 2013
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  • Investment watch: Zenith Bank emerges most active stock in August

    Zenith Bank Plc has emerged the most active stock traded on the Lagos floor of the Nigerian Stock Exchange, NSE, for the month of August 2013. According to a report by Investment One Financial Services in its...

    • Posted September 11, 2013
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  • N27b fraud: Former Bank PHB boss, Atuche, others have case to answer – Court

    A former Managing Director of Bank PHB Plc, now Keystone Bank Limited, Francis Atuche; his wife, Elizabeth; and his associate, Ugo Anyanwu, and others are to answer charges against them by the Economic and Financial Crimes Commission,...

    • Posted July 2, 2013
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  • FG may ban importation of generators; to declare state of emergency in power sector

    President Goodluck Jonathan, has restated the desire of the Federal Government to ensure steady power supply in the country, saying a proposal to ban importation of electricity generating sets may be implemented. Speaking at the fifth Academy...

    • Posted June 27, 2013
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  • New transport policy: FCTA fails on its promise to provide more buses

    Two weeks after the FCT administration banned mini buses from operating within the Abuja city centre, it is yet to make good its promise to provide adequate number of high capacity buses, News Agency of Nigeria has...

    • Posted June 15, 2013
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  • Kaduna Electricity Company power projects to gulp N5.8billion

    The Kaduna Electricity Distribution Company will require N5.8 billion to complete 17 ongoing power projects in Kaduna, Sokoto, Zamfara and Kebbi States, the Managing Director, Alhaji Mohammed Idris, has said. Idris told the Minister of Power, Prof....

    • Posted June 9, 2013
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  • Pipeline explodes in Lagos

    A pipeline explosion occurred on Saturday at Ijeododo in Ojo Local Government Area of Lagos State. Panic-stricken residents, who said they initially thought it was an attack on the community, blamed the explosion on activities of vandals...

    • Posted June 2, 2013
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  • Air Force explains cause of May 9 chopper crash

    The Nigerian Air Force had on Monday released the preliminary report on the investigation into the crashed Mi-24B helicopter of last week. The incident occurred on May 9 at the Nigerian Air Force Base, Port Harcourt, Rivers...

    • Posted May 14, 2013
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