Business

nigerian_stock_exchange

NSE market capitalisation loses N220 billion

The All-Share Index dropped also by 588.14 basis points to 30,557.20 from 31,145.34 achieved on Wednesday.

FG allots N116.99bn to 109 bidders in January bonds auction

The three bonds in tenors of five years, seven years and 10 years were offered at the auction.

Naira notes

Naira closes at N363.32 to dollar at investors window

Market turnover at the window stood at $160.08 million.

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

FOREX: CBN injects $210m into inter-bank market

Naira on Tuesday, January 29 continued to exchange at an average of N360/$1.

A banking hall [Photo credit: Nigerian Times]

Nigeria had $8.3 billion illicit financial flows in 10 years – Report

South Africa, Nigeria among top 30 countries with highest illicit financial flows

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

NSE indices extend negative outlook by 0.53 per cent

The All-Share Index (ASI) shed 165.53 points to close at 31,178.71, compared with 31,344.24 achieved on Monday.

President Buhari commissions Ariaria Market Independent Power Project in Abia State on 29th Jan 2019

Buhari inaugurates Ariaria market power project

Mr Buhari says his government is focused on evolving sound economic policies and programmes.

Nigerian pensioners used to illustrate the story

PenCom recovers N564.67m un-remitted pension in Q3 2018

The commission says N9.82 billion has been transferred to the RSAs of 136,578 NSITF contributors till date.

Tankers at a NNPC depot

Infrastructure: NNPC wants African Oil, Gas producers to collaborate

African oil producers must “think Africa, think collaboration think the future”.

Nigeria Stock Exchange

NSE: Trading resumes on negative trend

The All-Share Index shed 82.39 points to close at 31,344.24 against 31,426.63 on Friday.

Oil rig

Oil falls on increased U.S. rig count, China industrial slowdown

Beyond oil supply, a key question this year will be demand growth, analysts opine.

NPA MD, Hadiza Bala Usman

NPA commences Onne Port clean-up

The NPA says it is carrying out the oil- spill clean up to improve the quality of the Port water channels.

Aliko-Dangote-1062x598

Dangote hails road construction executive order; says impact will be ‘huge’

The businessman says allowing private companies build roads will be a game changer.

Access Bank building

Access Bank announces shareholders meeting over Diamond acquisition

The shareholders meeting of Access bank was ordered by the court.

I may vie for World Bank Presidency, Okonjo-Iweala says

Ngozi Okonjo-Iweala says is she nominated for the World Bank job, she would vie for the position.

Central bank of Nigeria (CBN)

CBN injects $289m, CNY38.70m into retail secondary Forex Market

The dollar-denominated interventions are mainly for transactions in the agricultural and raw materials sectors.

Bank of Industry Headquarters, Abuja

37 million Nigerians don’t have access to loans – BOI

The bank says the Nigerians are however commercially active.

Nigeria Stock Exchange

NSE sustains positive outlook, indices up 1.41%

Total Oil leads the gainers’ table for the day.

Naira notes

Naira loses marginally against dollar at parallel market

The Nigerian currency exchanged at N362.5, weaker than N362 traded on Wednesday.

Ahmed Kuru, Managing Director, Asset Management Corporation of Nigeria (AMCON)

Polaris bank sale to begin after election – AMCON

“We would advertise for expressions of interest from investors after elections and commence the sale process.”

Patience Oniha

FG to auction N150bn bonds on January 30

The five-year re-opening bonds which would mature in April 2023 would be offered at 12.75 per cent.

Finance minister, Zainab Ahmed. [PHOTO CREDIT: Daily Trust]

Why Nigeria’s unable to assert self as Africa’s largest economy – Finance Minister

The minister says a unit will be deployed to monitor progress in revenue generation.

First Bank of Nigeria

Illegal Detention: Court awards N5 million against First Bank

An official says the bank is unaware of the judgment.

NNPC Headquarters, Abuja

Don’t drag us into politics, NNPC cautions politicians

The corporation says some of its management staff are being unfairly targeted.

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

Illegal $8.12bn profit repatriation from Nigeria: Questions, as Emefiele announces how CBN, MTN settled

The apex bank’s action has left many questions unanswered.