All posts tagged "headline"
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TUC condemns states for owing workers
The Trade Union Congress of Nigeria has condemned the refusal of some state governments to pay workers’ salaries for several months. In a communiqué issued at the end of its National Executive Committee meeting in Lagos, the...
- Posted May 27, 2015
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US stocks dip on 2015 rate hike
United States stocks finished last week lower in light pre-holiday trade after Federal Reserve Chair Janet Yellen said the plan to raise interest rates this year was on track, AFP reported. The Dow Jones Industrial Average dropped...
- Posted May 26, 2015
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Equities may start week on negative note
Capital market analysts have suggested that the equities market may witness a slowdown in activities this week, with stocks opening the week on a negative note. They, however, noted that the inauguration of Muhammadu Buhari as President...
- Posted May 26, 2015
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Lafarge Africa to pay N15.9bn dividend
Lafarge Africa Plc has received the approval of its shareholders to pay N15.855bn as dividend for the financial year ended December 31, 2014. The shareholders approved the dividend, recommended by the Board of Directors and which translates...
- Posted May 26, 2015
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Shareholders approve Dangote Sugar’s N4.8bn dividend
Shareholders of Dangote Sugar Refinery have approved the payment of N4.8bn dividend, which translates into 40 kobo per share, as dividend for the year ended December 31, 2014. The shareholders approved the dividend at the company’s 9th...
- Posted May 26, 2015
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Asset custodians seek more foreign investment
The Association of Assets Custodians of Nigeria has met with foreign investors in its bid to showcase investment opportunities in the Nigerian capital market. The association, which has over time stressed the need for more visibility for...
- Posted May 26, 2015
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Equities value drops by N41bn amid fuel crisis
The equities segment of the Nigerian Stock Exchange closed on a negative note on Monday with the main market indicators falling for the fifth straight trading session. The market capitalisation of the listed equities fell by N41bn...
- Posted May 26, 2015
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La Fayette MfB builds SMEs’ capacity
La Fayette Microfinance Bank, a member of Advans Group, an international microfinance institution, has said it is committed to the growth of the Small and Medium Enterprises and by extension the economy. The lender said this informed...
- Posted May 26, 2015
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Infrastructure Bank, METSL to construct Lagos metro rail
The Marina Express Train Service Limited is to collaborate with the Infrastructure Bank to construct the proposed Lagos Metro Rail Transit otherwise called the Red Line project. The Minister of Transport, Senator Idris Umar, said this in...
- Posted May 25, 2015
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Shiroro power plant suffers system collapse
The already bad state of electricity supply across the country was made worse on Sunday following of a system collapse at the Shiroro Hydro-electric Power Plant in Niger State. The Shiroro plant has a power generating capacity...
- Posted May 25, 2015