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All posts by BusinessNews Staff

  • PrivateProperty.ng lists over 130,000 properties in Nigeria

    Private Property Nigeria has reached a remarkable milestone of listing over 130,000 properties and 1.3 million enquiries since its inception in November 2011. Speaking on this achievement, www.privateproperty.ng Managing Director & Co-Owner, Oluwafemi Taiwo, said “We keep...

    • Posted July 26, 2014
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  • Diamond Bank to raise N50.37bn via rights issue

    Arrangements for a Rights Issue by Diamond Bank Plc (“Diamond Bank” or “the Bank”), have now been concluded, following the approval granted by shareholders at the Bank’s Annual General Meeting held on 24 April 2014. A total...

    • Posted July 25, 2014
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  • NSE market capitalisation dips by N39bn

    Transactions on the Nigerian Stock Exchange (NSE) on Wednesday closed on a downward note as major stocks recorded huge losses. The News Agency of Nigerian (NAN) reports that market capitalisation at the end of the day’s trading...

    • Posted July 24, 2014
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  • Nigerians urged to support plans to privatise refineries

    The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Saturday urged Nigerians to support the Federal Government’s plan to privatise the nation’s refineries. Mr Ajayi Adebayo, new Chairman of IPMAN, Ejigbo Satellite depot branch, made the call...

    • Posted July 14, 2014
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  • Court restrains AMCON from acquiring assets of Aero Contractors

    An Abuja Federal High Court on Thursday granted an order restraining the Assets Management Corporation of Nigeria (AMCON) from acquiring the assets of Aero Contractors Ltd. Justice Ahmed Mohammed, granted the interlocutory order at the resumed hearing...

    • Posted July 11, 2014
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  • Nigeria Stock Exchange records 13.7% increase in trade on Tuesday

    Investors on the Nigerian Stock Exchange (NSE) on Tuesday staked N5.13 billion on 523.328 million shares in 5,363 deals. The News Agency of Nigeria (NAN) reports that the volume of transactions represented 13.71 per cent increase over...

    • Posted July 9, 2014
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  • NSE: Monday transactions reopen on bullish trend

    Equity transactions on the Nigerian Stock Exchange (NSE) on Monday reopened for the week on a bullish note with some blue chips sustaining price rally. The News Agency of Nigeria (NAN) reports that Nestle topped the gainers’...

    • Posted July 1, 2014
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  • NSE: Transactions close lower on Friday

    Equity transactions on the Nigerian Stock Exchange (NSE) closed lower on Friday with the market indicators depreciating marginally by 0.09 per cent. The News Agency of Nigerian (NAN) reports that market capitalisation lost N12 billion or 0.09...

    • Posted June 28, 2014
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  • Reps kick against CBN’s N35m capital base for bureau de change

    The House of Representatives has urged the Central Bank of Nigeria (CBN) to suspend the new requirement of N35 million increment in capital base for operators of Bureau De Change in Nigeria. It would be recalled that...

    • Posted June 28, 2014
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  • House of the Week: A unique 4-bedroom duplex at Apo in Abuja

    Our property of the week is an awesome 4-bedroom duplex with 2-bedroom BQ located at Apo, Abuja. This magnificent property, which is now letting, features 4 bedrooms, 4 bathrooms, 2 lounges and 1 dining area with all...

    • Posted June 27, 2014
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