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  • Nigeria’s fish market estimated at $1.75bn

    Nigeria’s domestic fish market is estimated at $1.75 billion, the fourth largest agricultural import in the country. According a report from the Federal Ministry of Agriculture and Rural Development, Nigeria is hopes to grow the market by...

    • Posted September 12, 2013
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  • Stock Market watch: Indices gain 0.41% on Wednesday

    Transactions on the Nigerian Stock Exchange, NSE, on Wednesday ended on a positive note when compared with the previous day as the All Share-Index, ALSI, appreciated by 146.53 points or 0.41 percent to close at 36,259.65 points...

    • Posted September 11, 2013
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  • Stock Market Watch: Indices gain 0.41%

    Transactions on the Nigerian Stock Exchange, NSE, on Wednesday ended on a positive note when compared with the previous day as the All Share-Index, ALSI, appreciated by 146.53 points or 0.41 percent to close at 36,259.65 points...

    • Posted September 11, 2013
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  • Investment watch: Zenith Bank emerges most active stock in August

    Zenith Bank Plc has emerged the most active stock traded on the Lagos floor of the Nigerian Stock Exchange, NSE, for the month of August 2013. According to a report by Investment One Financial Services in its...

    • Posted September 11, 2013
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  • Experts forecast $234b African mobile market by 2020

    Africa’s vibrant mobile phone market is forecast to increase four fold in size from a value of $60 billion in 2013 to $234 billion by 2020, according to experts at Manifest Mind LLC, a U.S. based research...

    • Posted September 11, 2013
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  • Oil spills: Shell, communities negotiate compensation package

    Shell officials on Monday began talks in Port Harcourt with representatives of the Bodo community on compensation and cleanup, five years after one of the worst oil spills in the country’s history, theAssociated Press reported. Some experts say...

    • Posted September 11, 2013
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  • External reserves not declining – CBN

    Contrary to the recent drop in the value of the nation’s external reserves, the Central Bank of Nigeria on Monday dismissed claims that the reserves were experiencing sharp decline, adding that the current value of $46bn showed...

    • Posted September 11, 2013
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  • PENGASSAN serves strike notice over insecurity

    The Petroleum and Natural Gas Senior Staff Association of Nigeria has threatened to go on strike if the Federal Government does not intervene in the increasing level of insecurity in the Niger Delta. PENGASSAN, which condemned the...

    • Posted September 11, 2013
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  • Returns: CAC threatens to deregister 45,000 companies

    The Corporate Affairs Commission has threatened to strike out the names of about 45,000 companies from its registers for failing to file returns since their incorporation. The Registrar-General, CAC, Alhaji Bello Mahmud, was said to have stated...

    • Posted September 11, 2013
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  • BPE, NERC discuss power firms’ transfer to investors

    Top officials of the Nigerian Electricity Regulatory Commission and the Bureau of Public Enterprises have met to work out modalities for the transfer of electricity companies carved out of the Power Holding Company of Nigeria to private...

    • Posted September 11, 2013
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  • FCMB parleys customers nationwide

    As part of efforts further bond with customers across all segments, First City Monument Bank has started a nationwide customer forum to educate her customers on the recent cashless policies of Central Bank of Nigeria; and to...

    • Posted September 11, 2013
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  • New revenue formula ready by December – RMAFC chairman

    The Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission, Elias Mbam, has disclosed that the new revenue sharing formula would be ready by December 2013. He stated this in a chat with journalists in Minna, the...

    • Posted September 10, 2013
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  • Default filings: Wema Bank Plc, 16 others fined N20.9m by NSE

    The Nigerian Stock Exchange has fined Wema Bank Plc and 16 other companies a total sum of N20.9million for filing their 2011 and 2012 financial statements after the regulatory due date. Information gathered from the website of...

    • Posted September 10, 2013
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  • More ships visit Nigerian ports despite piracy rating

    Despite the high rating of the country in incident of pirates attack, Nigerian ports has continuously played host to increasing number of foreign vessels, according to data by the Nigerian Port Authority for the first half of...

    • Posted September 10, 2013
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