Don't Miss


All posts by BusinessNews Staff

  • Market Cap gains N90billion in 4 days

    The market capitalisation of entities on the main board appreciated by N90 billion or 0.68 percent within 4 days to close last week Friday at N13.365 trillion as against the previous week’s closing figure of N13.275 trillion....

    • Posted January 20, 2014
    • 0
  • NRC seeks support of Lagos State Government to end trading on rail tracks

    Mr Akin Osinowo, the Regional General Manager of Nigerian Railway Corporation (NRC) in Lagos, has called for the support of Lagos State Government in the fight against trading along the rail tracks. Osinowo made the call in...

    • Posted January 20, 2014
    • 0
  • Commissioner tasks NDDC on mega projects

    Mr Chris Onogba, the Delta Commissioner for Special Duties, Niger Delta Development Commission (NDDC) has stressed the need for the commission to embark on mega projects. He said “in my opinion, the NDDC as an interventionist agency...

    • Posted January 19, 2014
    • 0
  • Investors trade 463.09 million shares on Friday

    Transactions at the Nigerian Stock Market ended on Friday with investors trading 463.09 million shares worth N4.37 billion in 5,825 deals. This was in contrast with the 347.95 million shares worth N3.91 billion that was exchanged on...

    • Posted January 17, 2014
    • 0
  • NSE ASI inches up by 0.31% on Thursday

    The bullish trend continued at the Nigerian Stock Market on Thursday as the All Share Index, ASI, closed higher at 41,740.77 basis points to gain by 129.62 points or 0.31 percent when compared with Wednesday’s closing figure...

    • Posted January 16, 2014
    • 0
  • WHO certifies Nigeria guinea worm free

    The World Health Organisation (WHO) has officially certified Nigeria as a Guinea Worm-Free Country, the Minister of Health, Prof. Onyebuchi Chukwu said in Abuja on Wednesday. Chukwu disclosed this while presenting the WHO certificate of clean bill...

    • Posted January 16, 2014
    • 0
  • FAAC: FG, states, LGs share N581.5bn for December 2013

    The Federal Ministry of Finance on Thursday announced that the Federation Accounts Allocation Committee (FAAC) had shared N581.498 billion to the three tiers of government for December 2013. The Minister of State for Finance, Dr Yerima Ngama,...

    • Posted January 16, 2014
    • 0
  • Tank farms must remain in Apapa – Union

    Mr Enoch Kanawa, Executive Secretary, Jetty Owners and Petroleum Tank Farm Owners Association of Nigeria, says it will be difficult to relocate tank farms from Apapa. Kanawa told the News Agency of Nigeria (NAN) on Thursday in...

    • Posted January 16, 2014
    • 0
  • Customs get six new DCGs, 11 ACGs

    The Nigeria Customs Service Board on Wednesday announced the appointment of six Deputy Comptroller-Generals (DCG) and 11 Assistant Comptroller-Generals (ACG) as part of ongoing restructuring in the service. A statement by the Service in Abuja said that...

    • Posted January 15, 2014
    • 1
  • Market capitalisation up by N54billion on Wednesday

    Transactions at the Nigerian Stock Market ended on Wednesday on a bullish trend as the market capitalisation of listed entities closed higher at N13.319 trillion gaining by N54 billion or 0.41 percent when compared with Monday’s closing...

    • Posted January 15, 2014
    • 0