All posts tagged "featured"

• 
  Index drops by 1.02%, 31 firms lose

  The Nigerian Stock Exchange market capitalisation has dropped again from the N10tn mark as the prices of 31 stocks plummeted causing the NSE All-Share Index to drop by 1.02 per cent. The market recorded a loss of...

  • Posted July 6, 2016
  • 0
• 
  PENGASSAN to withdraw members from oil locations

  The Petroleum and Natural Gas Senior Staff Association of Nigeria has ordered its members to leave their duty posts in all oil installations and offices throughout the country from July 7, 2016. PENGASSAN said it had also...

  • Posted July 6, 2016
  • 0
• 
  NECA clarifies retrenchment in banks

  The Nigeria Employers’ Consultative Association has clarified the alleged retrenchment of workers by some Deposit Money Banks in the country. The representative of employers’ in the private sector, at a press conference on Monday, explained that the...

  • Posted July 6, 2016
  • 0
• 
  DPR raises alarm over adulteration of diesel

  The Department of Petroleum Resources (DPR) has raised the alarm over adulteration of diesel in the market and vowed to clamp down on the perpetrators of the act. Speaking recently in Lagos when officials of the regulatory...

  • Posted July 6, 2016
  • 0
• 
  NNPC to investigate alleged monopoly in LPG market

  The Pipelines and Product Marketing Company Limited a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has said it will probe the allegation by some marketers that its officials connived with some terminal operators in Lagos to...

  • Posted July 6, 2016
  • 1
• 
  CBN, NITDA to collaborate on data protection

  The Nigeria Electronic Fraud Forum (NeFF) said it has recommended that the Central Bank of Nigeria (CBN) and the National Information Technology Agency (NITDA) work together in pursuing the enactment of a Data Protection Law for Nigeria....

  • Posted July 6, 2016
  • 0
• 
  Value of trading on NSE rises by 49% to N78bn in June

  The value of equities trading rose by 49 per cent in June as investors staked N77.923 billion on 7.712 billion shares in 100,895 deals on the Nigerian bourse, up from N51.957 billion invested in 7.855 billion shares...

  • Posted July 5, 2016
  • 0
• 
  Insurance industry’s total premium hits N350bn

  The insurance industry has announced a total premium of N350 billion in its business activities in 2015, against N294billion it recorded in 2014. This represents 19per cent increase from last year’s figure. The industry, however, did not give a breakdown...

  • Posted July 5, 2016
  • 0
• 
  Manufacturers lose N348.6bn to new forex policy

  Manufacturers who had outstanding dollar requests and Letters of Credit (applied for at N197/dollar) before the new foreign exchange policy came into existence lost approximately  N348.6bn by Monday, June 20, 2016, the day the policy commenced, findings...

  • Posted July 5, 2016
  • 0
• 
  Oando announces N4.1bn profit for Q1

  Indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchanges, Oando Plc, has announced a profit after tax of N4.1bn for the three-month period ended March 31, 2016. The results were delayed due to what...

  • Posted July 5, 2016
  • 0