Nigeria’s inflation hits 16.5 %
The National Bureau of Statistics (NBS) on Monday said the Consumer Price Index (CPI) increased to 16.5 per cent...
Devaluation: Oando to report lower earnings in 2016 second quarter
Oando Plc on Monday notified the Nigerian Stock Exchange (NSE) that its expected earnings for the second quarter ended June...
Naira stabilises against dollar
The Naira, on Monday, stabilised against the dollar at the parallel market. The Nigerian currency exchanged at N365 to...
Babs Omotowa appointed Shell VP at The Hague
Outgoing Managing Director and Chief Executive Officer of NLNG, Babs Omotowa, has been appointed by Shell International into the...
NSE market indicators record 0.36% growth
Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a positive note with...
NSE moves 203.58m shares worth N2.49bn in bearish trading
Investors on the Nigerian Stock Exchange (NSE) on Thursday traded a total of 203.58 million shares valued at N2.49...
Forte Oil leads losers’ chart on NSE
Forte Oil on Wednesday, for the second consecutive day, led the losers' chart on the Nigerian Stock Exchange (NSE),...
Naira dips further against dollar
The Naira on Wednesday dipped further against the dollar at the parallel market. It lost 4 points to exchange...
Adeosun: Insurance sector denying economy 1.5 % GDP growth yearly
Minister of Finance, Mrs Kemi Adeosun, lamented on Monday that the under-performance of the insurance sector was denying the...
Profit warning: Lafarge Africa shares drop further by 5.03%
The shares of Lafarge Africa on Monday depreciated further by N3.20 or 5.03 per cent to lead the losers'...
Skye Bank shares drop further by 8.42%
Skye Bank’s shares on Friday on the Nigerian Stock Exchange (NSE) dropped further by 8.42 per cent, following investors...
Investors exchanged 61.99bn shares worth N312.21bn in first half of 2016
Investors on the Nigerian Stock Exchange (NSE) in the first half of 2016 traded a turnover of 61.99 billion...
Heritage Bank announces N1.5bn profit for 2015
Heritage Bank Plc has announced a profit before tax of N1.5 billion for the operating year ended 2015. This was...
Peterside to Nigerians: NIMASA not recruiting, beware of fraudsters
The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, has said that the agency is not...
Tin Can Island 2 Customs Command generated N3.2bn from Jan to June
The Tin Can Island Port 2 Area Command of the Nigeria Customs Service (NSC), Ijora, Lagos State, on Monday...
NSE market indicators down by 1.04%
Trading activities on the Nigerian Stock Exchange (NSE) resumed on Monday on a negative note with the market indices...
Capital Adequacy Ratio: CBN sacks Skye Bank Chairman, MD, others
The Central Bank of Nigeria (CBN), on Monday, sacked the management and Board of Directors of Skye Bank Plc...
Cabotage Fund: NIMASA poised for due diligence, says Peterside
The Nigeria Maritime Administration and Safety Agency (NIMASA) has pledged to adhere to statutory due diligence in the administration of...
Oando turnover drops by 10.34%
Oando Plc has posted a turnover of N381.7 billion for the financial year ended December 31, 2015 against N425.7...
Collaboration with maritime nations key to Nigeria’s economic growth, says Peterside
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that collaboration with...
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