U.S. container with arms intercepted in Lagos
The Tin-Can Island Command of the Nigeria Customs Service (NCS) has intercepted a 40 ft. container with 980 rounds of...
Naira slumps to N340 to dollar at parallel market
The Naira on Monday slumped further at the parallel market as the greenback remained scarce. The naira lost N5 to...
NPA: Nigerian water channels can accommodate bigger vessels
The Nigerian Ports Authority (NPA) says the channel of water in Nigeria has been dredged up to 14.5 metres draft...
NCC to sanction telecom operators who defraud Nigerians through drop calls
Executive Vice-Chairman, Nigerian Communications Commissions (NCC), Prof. Umar Danbatta, on Friday, said the Commission would sanction telecommunication operators who defrauded...
NSE moves 311.59m shares worth N8.95bn
The Nigerian Stock Exchange (NSE) on Friday moved 311.59 million shares valued N8.95 billion traded in 2,588 deals. This was...
Capital market appreciates by 2.19% amid expectation of audited results
The Nigerian Stock Exchange (NSE) market indices on Thursday sustained ITS positive growth by 2.19 per cent, following price appreciation...
Why Naira cannot be devalued now, by Oshiomhole
Governor Adams Oshiomhole of Edo State, on Thursday in Lagos defended the Federal Government’s refusal to devalue the naira. Oshiomhole...
NSE market capitalisation increases by N54bn
Trading at the Nigerian Stock Exchange (NSE) on Wednesday maintained a positive trend with the market capitalisation increasing by N54...
NCC: Nigeria’s active telecoms subscribers down by 1m
Active customers in Nigeria's telecommunications industry reduced by 1,105,928 in the month of December 2015, the Nigerian Communications Commission (NCC)...
Before 2019, Nigerians won’t pay for calls, SMS, predicts Spectranet MD
The Managing Director of Spectranet Ltd., Mr David Venn, on Wednesday, said Nigerians would no longer pay for calls and...
Fraud drops as e-payment transactions rise, says CBN
The Central Bank of Nigeria (CBN) said the value of actual loss to fraud on electronic banking channels declined in...
Dangote Cement lifts trading on NSE
Dangote Cement on Monday led the Gainers' chart at the Nigerian Stock Exchange (NSE) appreciating by N9.70 to close at...
Naira is N310 to dollar at parallel market
The Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market. It previously exchanged between...
Dangote begins construction of cement plants in Edo, Ogun, to raise production capacity by 9mmtpa
In a deft move to consolidate on its leadership in the cement sector, Dangote Cement Plc has announced the commencement...
Nigerian Breweries to maintain Costain, Apapa-Ijora Gardens
Nigerian Breweries (NB) Plc will be responsible for the maintenance of Costain, Apapa-Ijora Road beautification gardens, Lagos State Parks and...
Capital market indicators down by 0.07%
Market indicators of the Nigerian Stock Exchange (NSE) on Friday depreciated marginally by 0.07 per cent, following losses by some...
MAN advocates single-digit lending rate
The Manufacturers Association of Nigeria (MAN) on Thursday advocated single-digit interest for banks, to stimulate the economy and fast-track development....
GTBank among losers as NSE market indices drop by 0.96%
Profit taking continued at the Nigerian Stock Exchange (NSE) on Wednesday with market indicators dropping by 0.96 per cent amid...
Apapa Customs Command records N23.4bn revenue in January
The Apapa Area 1 Command of the Nigeria Customs Service (NCS) on Wednesday said it collected N23.4 billion in January...
Naira slides by 0.7% at parallel market
The Naira on Wednesday depreciated by 0.7 per cent at the parallel market, following the last minute payment of tuition...
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