All posts tagged "featured"

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  Falling prices, fear of value erosion discourage new listings

  The persistent bearish trend that has depressed the share prices of most stocks is discouraging new companies from listing on the Nigerian Stock Exchange (NSE), THISDAY checks have revealed. While the Nigerian Stock Exchange (NSE) has made...

  • Posted May 19, 2016
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  National licence: Sultan tasks Jaiz Bank on customers’ demands

  The Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III has commended the management of Jaiz Bank Plc for obtaining a national banking Licence to administer Islamic banking services across the nation. The apex bank’s final approval was...

  • Posted May 19, 2016
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  Investments in agriculture in Africa rises to $2.3bn

  Africa’s agriculture sector is at an inflection point and could grow significantly in the coming years with the right investments and policy actions. This was the submission of business leaders, government officials and others who gathered for...

  • Posted May 19, 2016
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  FBN Insurance records 62% increase in profit, declares 19k dividend

  FBN Insurance Limited has announced 62 percent rise in its profit before tax (PBT) for the year ended December 31, 2015, just as it has declared 19 kobo dividend for its shareholders. The company, at its 5th...

  • Posted May 19, 2016
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  UBA leads as CBN Forex sales to banks drop to $131m

  The Central Bank of Nigeria (CBN) last week sold a total of $130,755,294.59 to 14 commercial banks, four merchant banks and the Bank of Industry (BoI). The amount was however lower by $5,283,163.58, compared with the $136,038,458.17...

  • Posted May 18, 2016
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  Higher electricity tariffs, fuel prices, imports push inflation to 13.7%

  The Consumer Price Index (CPI) which measures inflation rose further to 13.7 per cent in April compared to 12.8 per cent in March and 11.4 per cent in February, the National Bureau of Statistics (NBS) stated monday....

  • Posted May 18, 2016
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  I’m in business not just to make money, but to help Africa – Dangote

  Africa’s richest man and the President of Dangote Group, Alhaji Aliko Dangote, has stated that he’s not in business solely to make money, but is just as interested in developing Africa and humanity, hence his philanthropic works...

  • Posted May 18, 2016
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  FG may close Abuja airport, sack workers

  The Federal Government on Monday decried the high level of infrastructural rot at the Nnamdi Azikiwe International Airport, Abuja, particularly its only runway, and declared that it might close the airport soon. It also stated that it...

  • Posted May 18, 2016
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  Obasanjo calls for NIMASA, NIWA, NPA privatisation

  Former President Olusegun Obasanjo has called for the privatisation of the maritime institutions in the country. He made the call at the opening of a two-day maritime stakeholders’ conference hosted by the Ministry of Transportation and its...

  • Posted May 18, 2016
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  Nigeria losing 800,000 barrels of oil daily – Kachikwu

  Nigeria’s crude oil production has fallen by almost 40 per cent to 1.4 million barrels per day due to militant attacks on facilities in the Niger Delta. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu,...

  • Posted May 18, 2016
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