Business

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotunde

NSE: Investors lose N222 billion in six hours

The market capitalisation which opened at N10.993 trillion shed N222 billion or 2.02 per cent to close at N10.771 trillion.

Oil Barrels used to illustrate the story. [Photo credit: ThePointNG]

Oil prices: OPEC postpones emergency meeting

The delay is said to be as a result of a fresh disagreement between Russia and Saudi Arabia.

Nigerian Investment Promotion Commission – NIPC

25 firms get tax waivers from Nigerian govt in 2019

The names of the benefitting firms were publishe by the Nigerian Investment Promotion Commission (NIPC).

Kingsley Moghalu

Moghalu defends ‘low crude oil price’ wish

The former central bank deputy governor puts forward and defends his economic ideas.

FCMB used to illustrate the story. [Photo credit: Eagle Construction Limited ECL Abuja]

FCMB Group records increased revenue, profit in 2019

The audited results showed that the Group’s gross revenue increased to N188 billion compared to N177.2 billion in 2018.

Nigeria Stock Exchange (NSE)

NSE moves 235.29m shares worth N2.98bn in bearish market

The turnover was lower by 7.94 per cent compared with 255.59 million shares worth N2.86 billion traded in 4,418 deals on Thursday.

Donald Trump [Photo: BBC]

U.S. loses 701,000 jobs amid coronavirus pandemic

The bureau said that as the coronavirus forced a widespread U.S. economic shutdown, many Americans lost their jobs.

DG of NITDA Mallam Kashidfu Inuwa Abdullahi during the video conference. Photo by NITDA

Coronavirus: NITDA DG tasks ICT Startups on disruptive technologies

“Things are not going to be the same after the pandemic. The world economic order is going to change.”

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotunde

Nigeria bourse posts 0.10 per cent growth, amid Dangote Cement gain

The All-Share Index (ASI) inched by 20.66 points or 0.10 per cent to close at 21,121.20 against 21,100.54 on Wednesday.

Federal Inland Federal Inland Revenue Service (FIRS)Service.

FIRS tax revenue increases 7% in first quarter 2020 – Official

FIRS analysis shows a collection of N1.1 trillion in the first quarter of 2020 against N1.0 trillion in the first quarter of 2019.

Apapa Port

Lockdown: Banks to provide ‘skeletal services’ at Apapa port

An official said the banks would open between the hours of 9 a.m. – 2 p.m. daily for payments of duty on cargo.

Atedo Peterside quits board of Nigerian Breweries Plc

Mr Peterside said he resigned to enable him focus on fulfilling the objectives of the Anap Foundation COVID-19 Think Tank, which he set up recently.

Nigeria Stock Exchange

NSE resumes April trading with 0.94 per cent loss

The All-Share Index (ASI) dipped199.93 points or 0.94 per cent to close at 21,100.54, compared with 21,300.47 on Tuesday.

NNPC petrol station used to tell the story.

New Fuel Price: NNPC seeks smooth movement of petroleum tankers nationwide

The corporation said that the federal government counted on the support of the law enforcement agencies across the country to ensure smooth distribution of petroleum products.

Nigerian Stock Exchange Trading floor [Photo: blogs.cfr.org]

NSE: Indices drop further by 0.14 per cent

The All-Share Index, which opened at 21,330.79 lost 30.32 points or 0.14 per cent to close at 21,300.47.

An oil vessel used to illustrate the story An oil vessel used to illustrate the story

Coronavirus: Nigeria, Angola, Senegal, Cameroon, Ghana among the most hard-hit as oil price plunges

The African Energy Chamber analyses the most vulnerable African countries amid the COVID-19 pandemic and low oil price

Nigeria realised N2.3 trillion from crude oil sales in 2018 — NEITI

In 2018, 255.6 million barrels were lifted by NNPC, while companies lifted 445.5 million barrels.

Crude Oil pipelines

Coronavirus: More troubles for Nigeria as oil price crashes below $20 — lowest in 18 years

The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic.

The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria November 9, 2016. REUTERS/Afolabi Sotunde

NSE market capitalisation loses N277 billion

The market capitalisation lost N277 billion on Monday amidst coronavirus pandemic and weaker oil prices.

Nigeria Stock Exchange

Coronavirus lockdown: NSE to sustain remote trading

NSE says it will sustain remote trading activities at normal hours and days in line with the guidance provided by the World Federation of Exchanges.

NPA Managing Director, Hadiza Bala Usman

Coronavirus: Nigeria ports operations continue — NPA

NPA said its operation will continue as directed by President Muhammadu Buhari on Sunday.

Central Bank of Nigeria (CBN)

Coronavirus Lockdown: Buhari grants limited exemptions to banks, other financial institutions – Officials

Mr Buhari imposed a lockdown, restricting movements in Lagos, Ogun and Abuja.

Coronavirus: Nigerian govt sues H-Medix, Faxx Stores, others over hike in prices of sanitizers

The government is also prosecuting Prince Ebeano Supermarket Limited and and Bakan Gizo Pharmacy & Stores Nigeria Limited.

Godwin Emefiele, CBN Governor

Coronavirus: Banks to maintain skeletal operations in Abuja, Lagos, Ogun — CBN

Although these establishments are exempted, access will be restricted and monitored.

condoms

Coronavirus pandemic could lead to global condom shortage — Producer

Condom is the most widely used contraceptives in the world.