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All posts by BusinessNews Staff

  • Capital market indices appreciate by 1.19% on NSE

    Equity transactions on the Nigerian Stock Exchange (NSE) opened for the week on Monday in an upward trend as the market indices improved by 0.19 per cent. The News Agency of Nigeria (NAN) reports that the appreciation...

    • Posted June 9, 2014
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  • Naira appreciates against major currencies

    The naira appreciated against the major currencies at the official and parallel markets on Monday in Lagos, the News Agency of Nigeria (NAN) reports. At the official market, the naira opened at N155.15 to the dollar, compared...

    • Posted June 9, 2014
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  • CBN Governor stops all charges on deposits

    The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Thursday directed that all charges on deposits should be stopped with immediate effect. Emefiele gave this directive at a news briefing to unveil his policy for...

    • Posted June 6, 2014
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  • NSE trades 447.41m shares worth N6.32bn

    Investors on the Nigerian Stock Exchange (NSE) on Thursday staked N6.32 billion on 447.41 million shares in 5,943 deals. The News Agency of Nigeria (NAN) reports that the volume of transactions represented 3.83 per cent increase over...

    • Posted June 6, 2014
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  • Nigeria is AfDB’s largest shareholder – Okonjo-Iweala

    The Minister of Finance, Dr Ngozi Okonjo-Iweala, says Nigeria is the largest shareholder in the African Development Bank (AfDB) with the highest voting power of 9.2 per cent. Okonjo-Iweala said this at the 50th Anniversary Dinner of...

    • Posted June 6, 2014
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  • CBN to pursue gradual reduction in interest rates – Emefiele

    The Central Bank Governor (CBN), Mr Godwin Emefiele, on Thursday assured Nigerians that the apex bank would focus on gradual reduction in interest rates under his leadership. Emefiele gave the assurance at a news conference to outline...

    • Posted June 5, 2014
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  • NSE indices record 0.55% growth

    Equity transactions on the Nigerian Stock Exchange (NSE) on Wednesday ended on positive note with market indicators appreciating by 0.55 per cent. The News Agency of Nigeria (NAN) reports that the All-Share Index rose by 229.75 points...

    • Posted June 4, 2014
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  • NSE indices dip by 0.25%

    Transactions on the Nigerian Stock Exchange (NSE) on Tuesday ended on a depressed note as the market capitalisation dropped by 0.25 per cent due to profit-taking by investors. The News Agency of Nigeria (NAN) reports that the...

    • Posted June 3, 2014
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  • Capital market indices appreciate by 0.07%

    Transactions on the Nigerian Stock Exchange (NSE) opened on Monday on a positive trend as major equities recorded increases in their prices. The News Agency of Nigeria (NAN) reports that the All-Share Index appreciated by 27.59 points...

    • Posted June 2, 2014
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  • NSE market capitalisation up by N392bn

    Transactions on listed equities on Friday closed upbeat, with the Nigerian Stock Exchange (NSE) Market Capitalisation appreciating by N392 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation rose by 2.95 per cent to...

    • Posted May 31, 2014
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