NSE crucial market indicators end Friday with 0.03 per cent growth
The market capitalisation of listed equities rose by N4 billion to N13.071 trillion from N13.067 trillion on Thursday.
NSE market capitalisation inches N245bn, as fixed income instrument yields decline
The All-Share Index increased by 504 points or 1.91 per cent to 26,843.11 compared with 26,339.11 achieved on Wednesday.
Airtel Africa acquires Intercellular Nigeria spectrum
The new acquisition is valued at about $70 million, excluding the Nigeria Communication Commission fees.
African Development Bank Group becomes shareholder in AFC
The Bank Group’s investment in Africa Finance Corporation (AFC) will enable both institutions to accelerate infrastructure development and delivery on the continent.
Growth in global oil demand to slow from 2025 – IEA
Oil use in passenger cars is, however, seen peaking in the late 2020s as drivers switch to electric vehicles.
NSE market indices rose by 0.54 per cent after Eid-el Malud celebration
The market capitalisation inched N69 billion to close at N12.878 trillion against N12.809 trillion recorded on Friday.
Why Finance Bill 2019 is crucial to Nigeria’s economic growth – Finance Minister
The bill, which President Muhammadu Buhari presented to the National Assembly on October 14, has already passed the second reading at the Senate.
OPL 212: Supreme Court orders NNPC to pay N8.14bn in damages to BCE
The federal high court had, on March 7, 2002, directed NNPC to pay BCE 22. 6 million dollars in damages for the illegal cancellation of an agreement.
Only seven out of 37 Nigerian states fully implement contributory pension — PENCOM
Most states default either with regular and up-to-date remittance of pension contributions, the establishment of a pension bureau or enactment of pension law.
NCC to sanction telecom firms who ignore customers complaints
The commission and the operators met to appraise the level of implementation of the policies.
Again, oil slips over uncertainty on U.S.-China trade deal
The trade war between the world’s two biggest economies has slowed economic growth around the world.
MSMEs will fast-track economic growth, Osinbajo, Okowa say
They made their positions known in Asaba at the 25th edition of MSMEs Clinic.
Total planning to sell $750 million stake in major Nigerian oil block
The sale process is part of Total’s plan to sell $5 billion of assets around the world by 2020.
Nigeria lost $42 billion to crude oil theft in nine years — NEITI
The loss is equivalent to the current value of Nigeria’s foreign reserves.
Oil prices fall as crude build-up offsets hopes for U.S.-China trade talks
Hopes remain for a breakthrough in talks between the United States and China, the world’s two biggest oil consumers.
NSE market indicators close lower, amid profit taking on Nestle, MTN
Nestle posted a loss of N49.90 to close at N1,150, while MTN Nigeria trailed with N1.55 to close at N124 per share.
Access Bank announces resignation of Board director
Mr Ndukwe’s resignation from the Board of the bank was announced on Tuesday.
Oil demand to fall in Western Countries, but not in India, China – OPEC
Global oil demand will reach 105.6 million barrels per day (bpd) by 2025.
Minister clarifies transfer of N14bn from NEPZA 2017 budget
The senate committee on Appropriation said the transfer of the money to Nigeria Special Economic Zones Company was in breach of 2017 Appropriation Act.
UPDATED: Buhari signs law that will significantly increase Nigeria’s oil earnings
President Buhari signs the Deep Offshore, Inland Basin PSC Amendment into law
USSD Controversy: Inside details of agreements by banks, telecoms operators
While the anger vented against the mobile network operators may not be totally misplaced, the real ‘beneficiaries’ in the USSD business are the financial institutions.