Shippers urge NPA to simplify call-up system for containers
The President, Shippers Association Lagos State (SALS), Mr Jonathan Nicol, has urged the Nigerian Ports Authority (NPA) to simplify the...
Shippers pay $20,000 daily for vessel delay at Lagos Ports
A maritime expert, Mr Demola Akinkunmi, says shippers are now being charged $20,000 per day for delay of ships in...
Crashes: Air Peace says no plan to cancel order for 10 B737 MAX aircraft
Nigerian leading carrier, Air Peace, says there is no plan to cancel its order for 10 Boeing 737-MAX 800 airplanes...
Nigeria’s active mobile subscribers hit 172m
The National Bureau of Statistics (NBS) said Nigeria’s active mobile subscribers increased to 172,824,239 million in the fourth quarter, 2018...
NSE index drops by 0.90% amid heavyweight losses
The All-Share Index of the Nigerian Stock Exchange (NSE) commenced trading for the week southward, amid losses by some heavyweight...
Nova Merchant Bank declares profit after tax of N1.15bn
NOVA Merchant Bank Limited has declared a profit after tax of N1.15 billion for the year ended 31st of December...
MTN earned N453bn in 2018
MTN Nigeria recorded N453.1 billion Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) in 2018. The communications company also attracted...
Profit taking: NSE market capitalisation loses N20bn
The nation’s bourse, on Wednesday, reversed the three consecutive days positive trend with the market capitalisation dropping by N20 billion....
Nestle Nigeria declares N38.50 final dividend for 2018
Nestle Nigeria Plc has declared a final dividend of N38.50 per share for the financial year ended Dec. 31, 2018....
Guaranty Trust Bank profit before tax hits N215.6bn
Guaranty Trust Bank Plc on Wednesday announced its audited results for the financial year ended Dec. 31, 2018 on the...
NNPC to build Power Plants in Abuja, Kaduna, Kano, Fertilizer Plant in Bayelsa
The Nigerian National Petroleum Corporation (NNPC) says it will build three Independent Power Plants (IPP), with a combined capacity of...
Access Bank, Diamond Bank shareholders approve merger; to maintain the name ‘Access’ with ‘Diamond colours’
Shareholders of Access Bank Plc and Diamond Bank Plc, on Tuesday, unanimously approved the merger of both financial institutions aimed...
Naira gains marginally against dollar at parallel market
The Naira on Tuesday gained 50 kobo to exchange at N358 to the dollar at the parallel market in Lagos,...
Nigeria equity market rises by 0.14% in cautious trading
The Nigerian Stock Exchange (NSE) market indices on Tuesday sustained growth, posting a marginal gain of 0.14 per cent in...
NNPC recovers N771m forfeited assets
The Nigerian National Petroleum Corporation (NNPC) says it has recovered assets worth over N771 million from some marketers who under-paid...
Dangote restates commitment to Nigeria’s economic potential
Alhaji Aliko Dangote, President, Dangote Industries, says his continuous efforts to innovate, create value and invest in Nigeria’s economy is...
FG offers 2-year, 3-year bonds at 11.62%, 12.62% for March
The Federal Government has offered for subscription two-year and three-year savings bonds at 11.62 per cent and 12.62 per cent...
NSE: Market indices maintain upward growth, up by 0.95%
Transactions opened on the nation’s Stock Exchange for the week on Monday with a growth of 0.95 per cent, following...
NEITI: Nigeria loses $16bn to Production Sharing Contracts
The Nigeria Extractive Industries Transparency Initiative (NEITI) said that Nigeria lost at least $16 billion in 10 years due to...
Bella Disu, 65 others get Institute of Directors certification
Globacom’s Executive Vice Chairman, Mrs Bella Disu, and 65 other Directors have been certified by the Institute of Directors at...
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