Oando records N179bn loss in 2014
Oando Plc announced a loss after tax of N179 billion for the financial year ended on December 31, 2014. This...
NSE market indices dip further by 0.05%
Equity transactions on the Nigerian Stock Exchange (NSE) dropped on Friday as the market indicators depreciated by 0.05 per cent...
Protesting workers shut ports
The Maritime Workers Union of Nigeria (MWUN) on Friday said ports would remain shut until the Nigerian Ports Authority (NPA)...
Naira depreciates further at parallel market
The naira on Friday depreciated further against the dollar when it lost N0.5 to the dollar as it exchanged for...
91 firms bid for NNPC’s contract for coastal bunkering vessels service
The Nigerian National Petroleum Corporation, (NNPC) has began the public opening of technical bids submitted by 91 companies to secure...
Dangote Petrochemicals Refinery commences operations 2018
The Management of Dangote Petrochemicals and Fertiliser Plant on Thursday assured Nigerians that its 650,000 barrels Per Day (BPD) capacity...
Naira depreciates against dollar at parallel market
The naira on Wednesday depreciated against the dollar, after making a rebound on Monday at the parallel market. The currency...
Trading reverses positive trend, indices down by 0.42%
Activities at the Nigerian Stock Exchange (NSE) on Wednesday ended on a negative trend as market indices dropped by 0.42...
NNPC denies link with alleged Indian $25m oil bloc transaction
The Nigerian National Petroleum Corporation (NNPC) says it has no link with the failed bid of an Indian company, Oil...
Guinness loses N2.15 as NSE market capitalisation rises by N37bn
Market indicators of the Nigerian Stock Exchange (NSE) for the second consecutive day maintained an upward trend with the market...
Dangote Cement leads gainers’ chart as NSE market indices improve by 1.29%
Transactions at the Nigerian Stock Exchange (NSE) on Monday closed on a positive trend with investors net worth appreciating by...
Naira appreciates at parallel market
The Naira on Monday, made a re-bound as it appreciated against the dollar at the parallel market. The Naira gained...
Power generation hits 4,600 megawatts as Egbin plant bounces back with 813 megawatts
Nigeria's power generation capacity has increased from 3,657 megawatts to 4,600 megawatts due to the resumption of operation at the...
FG suspends licence issuance for new vehicle assembly plants
The Federal Government has suspended issuance of licence to new vehicle assembly plants. Mr Aminu Jalal, the Director-General of the...
Mobil tops losers’ chart as market capitalisation improves by N46b
Activities at the Nigerian Stock Exchange (NSE) made an impressive record on Friday with the market capitalisation improving by N46...
Naira depreciates at parallel market
The Naira on Friday depreciated against the dollar at the parallel market. The Naira lost N0.5 in the afternoon as...
Petrol: Marketers express worry over shut down of loading depots
Some marketers on Thursday expressed concern over the shutdown of all loading depots of the Pipelines Products Marketing Company (PPMC)...
NSE moves 172.84m shares worth N3.44bn
Investors on the Nigerian Stock Exchange (NSE) on Thursday staked N3.44 billion on 172.84 million shares in 3,226 deals on...
TUC vows to resist increase in electricity tariff
The Trade Union Congress of Nigeria (TUC) has noted with dismay recent media reports on plans by electricity distribution companies...
Total tops losers’ chart as NSE All-Share Index drops to 29,000 mark on sell pressure
The All-Share Index of the Nigerian Stock Exchange (NSE), on Wednesday, dropped to 29,000 mark due to the free fall...
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