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All posts tagged "trillion"

  • Stock Market Watch: Market Cap gains N28billion on Wednesday

    Transactions on the floor of the Nigerian Stock Exchange, NSE, ended on a positive note on Wednesday as the market capitalisation of the listed entities appreciated by N28 billion or 0.24 percent to close at N11.512 trillion...

    • Posted September 25, 2013
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  • Market cap loses N97billion in 7 days

    Trading activities on the floor of the Nigerian Stock Exchange, NSE, witnessed a bearish transaction last week, as all indicators recorded significant depreciation at the close of market on Friday. The market capitalisation of the listed equities...

    • Posted September 16, 2013
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  • Bank indicts EFCC over N2trn seized assets

    More facts emerged, yesterday, that the Economic and Financial Crimes Commission, EFCC, may have allegedly tampered with the N2 trillion seized assets and money recovered by the commission. The commission at the moment operates six different accounts,...

    • Posted July 17, 2013
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  • NEITI uncovers $9.8bn unpaid taxes from oil companies, others

    Nigeria Extractive Industries Transparency Initiative, NEITI, has uncovered unremitted taxes amounting to $9.8 billions (N1.538 trillion) by oil companies into the federation account. This came as President Goodluck Jonathan, yesterday, promised that the Federal Government would soon...

    • Posted June 11, 2013
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  • FG needs N921.4billion to complete 195 roads

    The Federal Government needs N921.4 billion to complete about 195 ongoing road projects across the country. Minister of Works, Mike Onolememen, who disclosed this to State House correspondents after the weekly Federal Executive Council (FEC), said government...

    • Posted April 25, 2013
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  • Reps frustrate NNPC’s effort to cover finances of 16 subsidiaries

    The House of Representatives, yesterday, frustrated efforts by Nigerian National Petroleum Corporation, NNPC, to cover the financial records of its 16 subsidiaries. This was disclosed by Chairman of the House Committee on Finance, Abdulmumuni Jibrin, during an...

    • Posted March 19, 2013
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  • Stocks turnover drop by 25.06% on bearish trading

    The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 25.06% with 529.53 million shares worth N4.61 billion traded in 6,554 deals. This was against a total of 706.48 million shares valued...

    • Posted February 16, 2013
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