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All posts tagged "headline"

  • Strong dollar threat to Nigerian capital market – NSE

    The Nigerian Stock Exchange on Wednesday warned that the growing strength of the United States dollar was a threat to the capital market as it was capable of encouraging foreign portfolio investment outflow. The Chief Executive Officer,...

    • Posted January 16, 2015
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  • Oil prices will start rising mid-year – EIA

    By mid-year, oil prices are expected to start rising owing to a more balanced market occasioned by weakening supply and increasing demand, according to the United States Energy Information Administration’s Short-Term Energy Outlook for January 2015 released...

    • Posted January 16, 2015
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  • Honeywell Flour Mills appoints five new board members

    As part of efforts to strengthen its operations in Africa, Honeywell Flour Mills Plc (HFMP), on Wednesday announced the appointment of five new members to its board. Four of the new board members are foreigners. They include...

    • Posted January 16, 2015
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  • World Bank forecasts 4.6% growth for Nigeria, others

    The World Bank Group has predicted that growth in Nigeria and other countries in Africa will remain flat at 4.6 per cent in 2015. Growth in the region picked up moderately in 2014 to 4.5 per cent...

    • Posted January 15, 2015
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  • NNPC refutes alleged N152bn expenditure on four refineries

    The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it did not budget or expend N152 billion as recently claimed by certain politicians for the rehabilitation of its four refineries located in Kaduna, Warri and Port Harcourt....

    • Posted January 15, 2015
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  • Budget: Reps suggest $40-$45 oil benchmark

    Some members of the House of Representatives on Tuesday suggested that the crude oil benchmark price for the 2015 budget should be between $40 and $45. However, they were hesitant to elaborate on the issue as they...

    • Posted January 15, 2015
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  • Transcorp Hotels set for listing on the Nigerian Stock Exchange

    Transcorp Hotels Plc (THP) will be the first company to be listed on the Nigerian Stock Exchange this year. Its shares will be listed on the Nigerian bourse  tomorrow. The listing of the shares follows the conclusion...

    • Posted January 15, 2015
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  • DMO to raise $1.66billion in Q1 2015

    In a bid to bridge the massive deficit in the 2015 budget, the Debt Management Office (DMO) has released its provisional bond issuance calendar for the first quarter of this year. A review of the provisional bond...

    • Posted January 15, 2015
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  • Nestle, Nigerian Breweries lead equities lower

    The market capitalisation of the listed equities on the Nigerian Stock Exchange declined by N115bn or 1.14 per cent to N9.895tn as highly capitalised companies, including Nestle Nigeria Plc and Nigerian Breweries Plc, recorded losses. The decline...

    • Posted January 15, 2015
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  • Festive spending pushes inflation to 8% – NBS

    The National Bureau of Statistics on Tuesday released the Consumer Price Index for the month of December 2014, with the inflation rate rising by 0.1 percentage point from 7.9 per cent in November to eight per cent....

    • Posted January 15, 2015
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