All posts by BusinessNews Staff

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  Investors trade 417.49 million shares on Tuesday

  Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on Tuesday with investors trading 417.49 million shares worth N6.34 billion in 6,448 deals. This was in contrast with the 326.06 million shares valued at N2.91...

  • Posted January 7, 2014
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  NSE ASI inches up by 0.14% on Monday

  Transactions at the Nigerian Stock Market ended on Monday with the All Share Index, ASI, inching up by 56.82 points or 0.14 percent to close at 41.507.30 basis points as against last Friday’s closing figure of 41,450.48...

  • Posted January 6, 2014
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  Brokers challenge SEC on new minimum capital requirements for operators

  Some capital market operators have challenged the Securities and Exchange Commission (SEC) to prove that the new minimum capital requirements for operators were based on market consultations. Some of the brokers, who spoke with the News Agency...

  • Posted January 6, 2014
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  National Water Master Plan captures development up to 2030

  The National Water Resources Mater Plan review now at its final stage, captures water development plan and population growth up to year 2030. Mr Kenneth Sumonu, an Assistant Director in the Department of Allocation and Authorisation, Federal...

  • Posted January 6, 2014
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  Tin Can Island Port records 16.35% increase in revenue

  The Tin Can Island Port Command of Nigeria Customs Services (NCS) on Monday said that it realised N240.16 billion revenue in 2013. Mr Chris Osunkwo, Public Relation Officer of the command, told the News Agency of Nigeria...

  • Posted January 6, 2014
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  President Jonathan applauds phenomenal increase in trade between Nigeria and China

  President Goodluck Jonathan Monday in Abuja applauded the growing bilateral relations between Nigeria and China which has resulted in a phenomenal increase in trade between both countries. Speaking at an audience with China’s outgoing ambassador to Nigeria,...

  • Posted January 6, 2014
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  Investors trade two billion shares in four days

  A turnover of 2 billion shares worth N15.907 billion in 17,378 deals were traded within four days in the course of last week by investors on the floor of the Nigerian Stock Exchange, NSE, in contrast to...

  • Posted January 6, 2014
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  NNPC says $10.8bn crude oil fund not missing

  The Nigerian National Petroleum Corporation (NNPC) has dismissed the claim that the sum of $10.8billion, out of the alleged unremitted $49.8 billion crude oil fund, was missing. This is contained in a statement issued on Sunday in...

  • Posted January 6, 2014
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  Market Cap gains N71billion on Friday

  Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on a bullish trend on Friday with the market capitalisation of entities on the main board gaining by N71 billion or 0.54 percent to close at...

  • Posted January 3, 2014
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  FirstBank re-certifies to IS027001 to boost information security

  After making history as the first organization in Nigeria to be awarded the Information Security Management Systems ISO/IEC to 27001:2005 Certification, First Bank of Nigeria Limited has successfully recertified its processes to the ISO 27001 standard in...

  • Posted January 3, 2014
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