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  • Investors trade 309.88 million shares on Monday

    Trading on the floor of the Nigerian Stock Exchange, NSE, ended Monday with investors trading 309.88 million shares worth N4.14 billion in 4,277 deals as against the 536.94 million shares valued at N2.53 billion that was exchanged...

    • Posted October 7, 2013
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  • Market Cap gains N155billion in four days

    The market capitalization of the equities on the main board appreciated by N155 billion or 1.34 percent within a space of four days to close last Friday at N11.761 trillion as against the N11.606 trillion figure recorded...

    • Posted October 7, 2013
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  • CAC staff suspend strike, resumes work Monday

    Staff of the Corporate Affairs Commission (CAC) on Sunday suspended their strike over non-payment of an agreed 35 per cent salary increase by the commission. The suspension followed agreements reached by the CAC management and the workers...

    • Posted October 7, 2013
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  • Federation Account: NNPC denies owing N2.3trillion

    The management of Nigerian National Petroleum Corporation, NNPC, has reacted to a statement credited to Edo state governor, Adams Oshiomhole that the Corporation owes the Federation Accounts N2.3 trillion. In a statement issued in Abuja on Sunday...

    • Posted October 7, 2013
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  • Experts decry Nigeria’s poor performance in non-oil export

    International trade experts have lamented the country’s poor performance in the non-oil export segment of international trade, describing the scenario as deserving of emergency response from the government. The experts who are members of an export round...

    • Posted October 7, 2013
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  • CBN says sanction of erring BDCs won’t hurt Forex Market

    As investigators from the Central Bank of Nigeria (CBN) wrap off the probe of activities of the 20 bureau de change operators recently indicted by the apex bank Governor Sanusi Lamido Sanusi for alleged money laundering activities,...

    • Posted October 7, 2013
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  • Osun injects N200m into economy monthly through OYES – Aregbesola

    Osun State Governor, Rauf Aregbesola, was at the formal launching of the Federal Government’s Youth Employment and Social Support Operation (YESSO) in Abuja recently. In this interview with journalists shortly after the event, he said the implementation...

    • Posted October 7, 2013
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  • Recession has dealt deadly blow on advertising budget – Babaeko

    The Chief Creativity Officer of X3M Ideas and foremost creative director in advertising business, Steve Babaeko, recently in his office in Opebi area of Ikeja, Lagos, held a media interactive session to highlight key activities in the...

    • Posted October 7, 2013
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  • Four banks raise N232bn from international market

    Four Nigerian banks raised $1.45bn (N232bn) from the International Capital Market between January 2011 and July 2013, the Debt Management Office has said. The Director-General of DMO, Dr. Abraham Nwankwo, disclosed this in a presentation made at...

    • Posted October 7, 2013
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  • Industrialists seek increased investments in crop research

    Industrialists have called for more investments on the research and development of food crops, especially yam. This, according to experts, will help to unleash the potential of the crop, improve livelihoods, create jobs and enhance food security...

    • Posted October 7, 2013
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  • Nigeria, Spain trade volume rises to $9bn

    The volume of trade between Nigeria and Spain for the year 2012 has been put  at $9 billion with 95 percent of Spain’s import from Nigeria being oil and gas. Out of the $9 billion, Spain’s import...

    • Posted October 7, 2013
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  • Nigeria’s economy is weak – CBN Deputy Governor

    The Deputy Governor ( financial system stability), Central Bank of Nigeria, CBN, Dr. Kingsley Chinedu Moghalu has blamed most of the challenges facing the country on an ailing education sector. Moghalu stated this on Saturday at the...

    • Posted October 6, 2013
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  • Strike: CAC, workers meeting ends in deadlock

    The peace-seeking meeting held yesterday, between management of the Corporate Affairs Commission (CAC) its workers union, ended in a deadlock. Speaking with newsmen, Vice Chairman of the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational...

    • Posted October 6, 2013
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  • Mercedes-Benz , KIA, Toyota to showcase latest models at Abuja Motor Show

    Ayear after opening its ultra-modern facility in Abuja, Weststar Associates Limited, representatives of Mercedes-Benz in Nigeria, said it is set to storm the forthcoming Abuja Motor Show with the latest models of the Mercedes-Benz vehicles. And just...

    • Posted October 6, 2013
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