Analysis and Data

19 northern Nigerian states set to establish new bank

The NNDC says it has already put modalities in place to realize the plan.

nigerian_stock_exchange

NSE market indices drop further by 2.72%, amid pressure on investors

Traded shares volume closed higher with an exchange of 352.29 million shares valued at N3.85 billion transacted in 5,024 deals.

Dr. Dakuku Peterside, NIMASA Boss

NIMASA to undergo major reforms – Dakuku Peterside

Mr. Peterside says the agency under his leadership will change the narrative from the negative perception of corruption, inefficiency and abandonment of its core mandate.

EFCC re-arraigns Fred Ajudua for alleged $1m Scam

Mr. Ajudua allegedly defrauded General Bamaiyi

Diamond Bank Headquarters Photo: Business News

Diamond Bank declares N217 billion gross earnings in 2015

The bank’s profit before tax dropped to N7.1 billion from N28.10 billion in 2014, a decrease of 74.8 per cent.

nigerian_stock_exchange

NSE market capitalisation rebounds by N20 billion

All-Share Index rose by 58.76 points to close at 24,823.86​.​

ANALYSIS: The immediate task before reconstituted NEITI board

Nigeria faces the sanctions from global EITI.

nigerian_stock_exchange

NSE All-Share Index drops by 0.04%

Tiger Brand was the toast of investors, trading 3.29 billion shares worth N4.07 billion achieved in 29 deals.

mobile-phones

Nigeria’s active telecoms subscribers down by one million – NCC

Data shows increase in Fixed Wired/Wireless subscribers in the country

Naira-Dollar

Nigeria inflation increased to 9.6 % in December

Inflation was 9.3% in October and 9.4% in November.

10,000 Nigerian freight forwarders “to lose jobs to foreign counterparts”

Local companies want government to make the business exclusive to citizens.

nigerian_stock_exchange

Nigerian capital market slips further by N250billion

7UP lost N8.75 to close at N166.25, while Dangote Cement dropped N5.18.

Damning audit report questions John Holt’s capacity to remain in business

John Holt’s current liabilities far outstrip current assets.

nigerian_stock_exchange

Nigerian Stock Exchange: Transactions remain up-beat as market closes for 2015

In the same vein, 75,750 units of Federal Government Bonds, valued at
N128.722 million were traded in the period under review in one deal.