All posts tagged "featured"

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  27 firms raise NSE capitalisation by N45bn

  The gains recorded by 27 stocks on the floor of the Nigerian Stock Exchange on Wednesday boosted the NSE market capitalisation by N45bn. The market capitalisation closed on Wednesday at N8.904tn, higher than N8.859tn recorded after the...

  • Posted March 11, 2016
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  Guinness resolves dispute with NAFDAC

  Guinness Nigeria can now confirm that a Notice of Discontinuance of the court action instituted against the National Agency for Food and Drug Administration and Control (NAFDAC) and the Attorney General of the Federation has been filed....

  • Posted March 10, 2016
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  Dangote Group controls 43% of Nigerian Stock Market

  Africa’s richest man and President, Dangote Group, Alhaji Aliko Dangote, controls 43 per cent of the Nigerian stock market, THISDAY checks revealed on Monday. Dangote, Mike Adenuga Jr, Femi Otedola, Folorunsho Alakija, and Abdulsamad Rabiu recently made...

  • Posted March 10, 2016
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  FG promises to address problems of Nigerian exporters

  The federal government has expressed its preparedness to tackle impediments confronting the export sector of the nation’s economy. The Minister of Budget and National Planning, Senator Udoma Udo Udoma, who gave the assurance when members of the...

  • Posted March 10, 2016
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  Nigeria’s GDP slows to 2.11% in Fourth Quarter as oil sector contracts

  Nigeria’s real Gross Domestic Product (GDP) growth rate declined to 2.11 per cent in the fourth quarter of last year compared to 2.84 per cent in the third quarter, according to the National Bureau of Statistics (NBS)....

  • Posted March 10, 2016
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  Buhari approves NNPC’s restructuring into seven units, 20 companies

  President Muhammadu Buhari has approved the restructuring of the Nigerian National Petroleum Corporation (NNPC) into seven new divisions, Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, announced on Tuesday at a press briefing in Abuja. He...

  • Posted March 10, 2016
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  FG will exploit construction sector for economic growth – Fashola

  The Minister of Power, Works and Housing, Babatunde Fashola, has said that the Federal Government will exploit the country’s construction sector to grow its economy. Fashola, who spoke in Abuja during a stakeholders’ workshop organised by the...

  • Posted March 9, 2016
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  Domestic transactions fall by N18.48bn in one month

  Domestic transactions in Nigeria’s stock market fell from N59.21bn to N40.73bn between December 2015 and January 2016, the Nigerian Stock Exchanged revealed in a report on its website. Total transactions at the nation’s bourse decreased by 23.93...

  • Posted March 9, 2016
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  Broadband penetration rose by 4% in 2015 – NCC

  Broadband penetration in the country rose by four per cent to 10 per cent last year, the Nigerian Communications Commission has said. The Executive Vice Chairman, NCC, Prof. Umar Danbatta, said this in a welcome address at...

  • Posted March 9, 2016
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  FBN Holdings directors, advisors to stay off shares for 12 days

  Directors of FBN Holdings Plc have notified the Nigerian Stock Exchange (NSE) of their intention not to deal in the shares of the company from Monday till March 22, 2016. Apart from directors, other advisers to the...

  • Posted March 9, 2016
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