All posts tagged "headline"

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  CBN to auction N157bn treasury bills

  As part of efforts to continue to manage the level of liquidity in the economy, the Central Bank of Nigeria (CBN) will this Wednesday auction treasury bills worth N157.06 billion. The periodic auction of the fixed income...

  • Posted May 13, 2014
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  Nigerian Equities Market ends April on bearish note

  The last week in the month of April was not a fantastic one for investors in Nigerian equities as the market struggled, despite strong corporate earnings that were released during the week. A total of 48 quoted...

  • Posted May 13, 2014
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  External reserves drop by $4.72bn in four months

  The country’s external reserves being managed by the Central Bank of Nigeria have witnessed a massive decline of $4.72bn in the last four months, investigations have revealed. Figures obtained from the CBN revealed that the external reserves...

  • Posted May 13, 2014
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  Sterling Bank seeks improved support for SMEs

  Sterling Bank Plc has stressed that an improvement in the quality of infrastructure in the country will boost the operations of small and medium scale enterprises (SMEs). Executive Director, Sterling Bank, Mr. Abubakar Suleiman said this in...

  • Posted May 13, 2014
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  Seplat’s market value rises by N6.8bn to N377bn

  The market capitalisation of Seplat Petroleum Development Company Plc increased by N6.841 billion, following listing of additional 10.026 million shares of 50 kobo  of the company on the Nigerian bourse. The Nigerian Stock Exchange (NSE) had on...

  • Posted May 13, 2014
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  Why cement price is still high –Dangote

  A major manufacturer of cement in the country, Dangote Cement Plc, has explained that the recent increase in the price of the commodity is due to low production of the commodity is as a result of turnaround...

  • Posted May 13, 2014
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  Nigerian Breweries, Consolidated Breweries in merger talks

  Nigerian Breweries Plc and Consolidated Breweries Plc are in talks over a possible merger of both firms. In a joint statement, which was made available to our correspondent on Sunday, the firms confirmed that their respective boards...

  • Posted May 13, 2014
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  Substandard mobile phones flood Nigerian market

  The Nigerian mobile phone market is currently under siege as a lot unpopular brands, many of which are substandard, are fast penetrating the market. The very low prices of these devices and poor purchasing power of most...

  • Posted May 13, 2014
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  Glo will lead broadband revolution in Nigeria – Jameel

  Telecoms company, Globacom, has said it will be the biggest player in Nigeria’s broadband market following the Federal Government’s agenda to revolutionise broadband access in the country. The Group Chief Operating Officer of the company, Mr. Mohamed...

  • Posted May 13, 2014
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  Analysts lament delayed 2014 budget

  With less than seven months to the end of 2014, experts have continued to express concern over the delay in signing this year’s appropriation bill into law. They noted that the budget tagged: “Budget for Jobs and...

  • Posted May 13, 2014
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