Business

Forte Oil

Forte oil names acting secretary, general counsel

The announcement was contained in a disclosure notice sent to the Nigerian Stock Exchange on Monday.

Port Harcourt Refinery

ANALYSIS: Failed Promises On Refineries: Will Kyari be different from predecessors?

Between 1993 and 2016, the federal government may have spent about $6.065 billon on the rehabilitation of the four refineries.

Tankers at a NNPC depot

Gas suppliers warn marketers against buying products from vandals

An official speaks on measures aimed at checkmating the actions of pipeline vandals.

Union Bank Logo

Union Bank declares N12.1 billion profit

The profit represents a growth of four per cent when compared with N11.7 billion achieved in the first half of 2018.

Vice President Yemi Osinbajo

How Nigerian govt is empowering MSMEs – Osinbajo

Mr Osinbajo says the lack of sufficient investment in human capital development is not limited to Nigeria alone.

Central bank of Nigeria (CBN)

Microfinance banks appraise CBN’s proposed ‘recapitalisation’ of banks

One of the participants proffered solutions to cushion the biting effect of the proposed re-capitalisation.

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

NSE trading rebounds with 0.11 per cent growth

The market capitalisation inched N15 billion to close at N13.621 trillion in contrast with N13.606 trillion posted on Friday.

FILE: Deutsche Bank office building in Bangkok Lumphini [PHOTO: eFinancialCareers]

Deutsche bank probes reports of fired staffs’ access to work email

The bank said its investigation had so far turned up no irregularities or misconduct.

Bags of NPK Fertilzer

Local blenders can meet Nigeria’s fertilizer needs – FEPSAN

An official said members of his association has invested over $9 billion in boosting local capacity in fertilizer blending.

Nigeria's ministry of finance building

What Islamic finance products can do to Nigeria’s capital market, infrastructural growth

The DMO said investors comprising pension funds, banks, fund managers, institutional and retail investors subscribed to the FGN Sukuk offer

IMF Managing Director (MD), Christine Lagarde

IMF announces selection process for next MD

IMF is looking for a new managing director following the resignation of Christine Lagarde

MTN Nigeria office

MTN leads gainers’ chart, amid N2.95 interim dividend

Seplat topped the laggards’ table with a loss of N35 to close at N490 per share.

Godwin Emefiele, Governor of Central Bank of Nigeria (CBN)

CBN denies banning milk importation, insists on Forex restriction

“For the avoidance of doubt, milk importation is not banned. Indeed, the CBN has no such power. All we will do is to restrict the sale of FOREX for its importation.

MTN-logo

MTN Nigeria mobile subscribers hit 61.5 million

In May, MTN successfully listed on the Nigerian capital market and became the first mobile operator to be so listed.

AIRTEL office used to illustrate the story. [PHOTO CREDIT: Stackpreneur]

Airtel Africa reports growth in revenue, customer base in Q1 2019 results

Growth was equally recorded across Airtel Africa business products.

Titilope Adeyemo, Managing Consultant, Geocardinal Engineering Services Limited

Why Nigerian indigenous miners are not succeeding – Operator

”The solid minerals sector is facing the challenge of the dearth of capacity. The government must enhance the capacity of those operating in the sector …”

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

NSE launches Investor Relations Data Pack to ease transactions

The IR Data Pack is designed to reduce the burden on corporate issuers.

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

NSE: Market indicators sustain bearish run with 0.35 per cent loss

The market capitalisation which opened at N13.689 trillion lost N48 billion to close at N13.641 trillion.

FAAC Meeting

Nigerian govt., states share N762.6bn in June

The communique showed royalties, import and excise duties decreased considerably.

Flour-Mills-of-Nigeria

Flour Mills posts Q1 2019 unaudited results; records 17% growth in profit

The result was posted on the disclosure platform of the Nigeria Stock Exchange, NSE.

forte-oil Photo credit: Logbaby.com

Forte Oil postpones AGM

The announcement was contained in a disclosure notice sent to the Nigerian Stock Exchange, NSE, Thursday.

Some N-Power beneficiaries

Nigerian govt sacks 2,525 N-Power beneficiaries who absconded from duty

The official said 18,674 other beneficiaries of the initiative have voluntarily resigned, having secured permanent employment.

U.S. President, Donald Trump [Photo: Wall Street Journal]

Why Nigerian firms are not benefiting from U.S.-Africa trade – Official

The official said Nigeria’s recent decision to sign up for the African Continental Free Trade Area Agreement would remove barriers to trade and investment within the sub-region.

Ifueko-Omoigui-Okauru

MTN appoints ex-Minister, ex-FIRS boss, ex-NBA President as Pascal Dozie retires

MTN Nigeria, the country’s leading telecommunications firm, recently listed its shares on the Nigeria Stock Exchange.

Godwin Emefiele, Governor of Central Bank of Nigeria (CBN)

Why CBN won’t rush into cutting monetary policy rates – Emefiele

Mr Emefiele says Nigerians are not likely to see the rates come down until inflation drops to single digits.