Business

World Bank Group President Jim Yong Kim at a Berlin press conference. Tobia Schwarz / Getty Images

World Bank president steps down

Mr Kim’s announcement is coming more than three years ahead of the end of his tenure in 2022.

Election phobia: Stock market’s index drops further by 0.78 per cent

The All-Share Index shed 238.62 points to close at 30,400.28 against 30,638.90 posted on Friday.

L-R: Mr. Tong Laigou, President CBMI and Abdul lSamad Rabiu, Chairman of both BUA Group and CCNN shake hands after the signing ceremony.

BUA, CBMI sign deal to increase production capacity to 11 million tonnes annually

The two companies signed the deal for the construction of a new 3million MTPA BUA Kalambaina (CCNN) Cement II Plant by Sinoma CBMI in Kalambaina, Sokoto State.

NAICOM Logo

‘Rate cutting’ threatens NAICOM’s 2020 N1 trillion premium target – Official

Rate cutting is a process whereby a lower premium is accepted from an insurance policyholder than the amount stipulated by NAICOM

Corporate Affairs Commission (CAC) Head Office

Corporate Affairs Commission reduces business registration fee to N5,000

Name reservation shall cost N500 till March 31.

CBN makes first FOREX intervention for 2019 worth $210 million

The wholesale sector of the market received $100 million while the SMEs received $55 million.

Nigerian Customs Officials

Customs generates N1.2 trillion revenue – Official

The organisation says it made 5,235 seizures in 2018.

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

NSE: Capitalisation dips further by N49bn

The All-Share Index lost 132.42 points to close at N11.425 trillion against N11.474 trillion on Thursday.

MRS announces relocation of corporate headquarters

The new development was communicated to the Nigerian Stock Exchange.

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

NSE: Bearish trend persists as all-share Index records 0.96 per cent loss

The market capitalisation closed lower at N11.474 trillion compared with N11.586 trillion on Wednesday.

Bus

Nigeria drops to 14th in Africa in best countries for business – Report

Previously, Nigeria was ranked as 115th best country to do business in the world and 3rd in Africa.

Abdulsamad Rabiu

SEC approves merger of Northern Nigeria Cement with Kalambaina

With the merger, the total capacity of the cement plant production is expected to rise to about two million metric tonnes per annum.

Section of the Notore fertiliser plant

Notore Chemical announces exit of three directors, amid 123% loss for 2018

Notore has been experiencing declining fortunes in recent years.

Kemi Adeosun and Zainab Ahmed

ANALYSIS: How Nigeria’s finance ministry has fared in three years under Adeosun, Ahmed

Kemi Adeosun and Zainab Ahmed have been the finance ministers under President Muhammadu Buhari.

Oil rig

Key Nigeria deepwater field ‘achieves first oil’, adds 200,000 barrels to country’s daily output

OPEC cut had reduced Nigeria’s oil to 1.71 million barrels daily.

PIC MIX: Access Bank - Diamond Bank

Merger: Free ATM services for Diamond Bank, Access Bank customers

It implies that customers can presume that the banks are one, even as their merger negotiations still remain ongoing.

nigerian_stock_exchange

NSE: Market capitalisation inched N383bn on CCNN merger shares

The market capitalisation closed at N11.720 trillion compared to N11.337 trillion achieved on Friday.

NNPC GMD, Maikanti Baru in a brief interview with State House Correspondents today (Photo taken by Sani Tukur, 29/12/2017)

NNPC warns filling stations against selling petrol above N145 per litre

The Corporation says adequate measures have been put in place to ensure steady supply and distribution of the product.

Revenue House, Abuja [Photo: Legal Forms]

FIRS remitted N4.63trn to FAAC between January and November 2018

Details of the monthly revenue earnings showed about N353.3 billion was remitted in January.

Nigeria Stock Exchange (NSE)

NSE expels 35 stockbroking firms (FULL LIST)

The NSE advised Nigerians who have accounts with the firms to transfer their accounts.

Revenue House, Abuja [Photo: Legal Forms]

Nigeria now has 35 million taxpayers – Official

The figure of the taxpayers comprised both individuals and corporate bodies.

Nigeria Stock Exchange

NSE market capitalisation dips N239bn, amid year end activities

The All-Share Index lost 654.91 to close at 31,037.72 compared with 31,692.63 achieved on Thursday.

Crude Oil pipelines

Oil prices slip toward 18-month lows

The futures contract dropped 4.2 per cent on Thursday.

Nigeria Stock Exchange

NSE: Indices down by 0.86 per cent after Christmas break

The All-Share Index lost 274.38 points per cent to close at 31,692.63 compared with 31,967.01 on Monday.

Central Bank of Nigeria (CBN)

CBN boosts FOREX market with $210m

An official says in spite of activities of speculators, the CBN is ready to play its interventionist role in the market.