Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Stock market sustains positive sentiment, investors gain N20bn
The Nigerian stock market on Wednesday sustained positive sentiment to the sixth consecutive trading session as the market capitalisation gained...
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Q4: Cornerstone Insurance Projects N611m Profit after Tax
Cornerstone Insurance Plc has projected gross premium of N2.612 billion for the fourth quarter ending December 31, 2020. In a...
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Wapic Explains Change of Name to Coronation Insurance
Shareholders of Wapic Insurance Plc has formally informed that the Nigerian Stock Exchange (NSE) about the change in its name...
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CHI records 100% right issue subscription
The recent rights issue embarked upon by Consolidated Hallmark Insurance (CHI) Plc was fully taken up by its shareholders, the...
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NSE index sustains rising profile, up by 0.25 per cent
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), sustained a rising profile yesterday, as more blue-chip stocks...
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6.1% shrinking of economy: FG won’t be able to service rising debts, fund budget –MAN, others
Things are tough for average consumer, inflation going up – Manufacturers Tackle rising inflation, unemployment, says Lagos chamber of industry...
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Adesina sole candidate as AfDB holds virtual AGM Wednesday
The incumbent President of the African Development Bank, Dr Akinwumi Adesina, will be running as the sole candidate for president...
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N940 million debt: AMCON takes over two firms
The Asset Management Corporation of Nigeria (AMCON), has taken over assets belonging to Northrich Technologies Limited, and its promoters, over...
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In Major Coup, CBN Blocks Over-invoicing, FX Overpricing
• Introduces product price verification mechanism • Elumelu praises measures In a major policy coup, the Central Bank of Nigeria...
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Domestic gas consumption gets a boost as NPDC completes gas plant
The Nigerian National Petroleum Corporation (NNPC) on Wednesday said it would reduce importation of Liquefied Petroleum Gas (LPG) into the...
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Daar Communications Reduces Losses by 36% to N1.4 Billion
Daar Communications Plc has recorded a growth in gross earnings and reduction in losses for the year ended December 31,...
Read moreStock market reopens upbeat as index rise by N4 billion
Trading on the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most blue-chip companies, as market...
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NCC seeks reduction of data charges
THE Nigerian Communications Commission (NCC) at the weekend urged telecommunication companies to reciprocate the reduction in the charges on Right...
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Investors Stake N10.1bn on Shares as Market Remains Bullish
The stock market remained bullish last week with investors staking N10.12 billion on 950.414 million shares in 16,647 deals. Although...
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Naira crashes 108% against CFA
• In five-year free fall • CBN sells pound above N500 for the first time The naira has fallen...
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Polaris Bank CEO, Abiru, Retires
The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the bank, effective...
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Nigerians kick as Multichoice hikes tariff twice in three months
More Nigerian subscribers have expressed their readiness to boycott digital satellite services offered by Multichoice, owners of DStv and GoTV....
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Access Bank signs $93.8m syndicated loan
Access Bank Plc, has announced the signing of a Subordinated Syndicated Loan Agreement worth $93.8 million with the Dutch development...
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Buhari okays community policing take off with N13b
To battle the escalating insecurity, community policing will soon take off across the country, the National Economic Council (NEC) said...
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FG approves local production of bitumen
The Federal Government has given approval for investment by manufacturers in the local production of bitumen and other construction materials...
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CBN Revamps Economic Report Format
The Central Bank of Nigeria (CBN) has enhanced the reporting format and presentation of its periodic economic reports. The latest...
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Infinity Trust Mortgage Bank Secures N2.7bn Facility from DBN
Infinity Trust Mortgage Bank has revealed that it was recently on- boarded as a participating financial institution by the Development...
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Foreign investors shun South-South as oil ‘runs dry’
• Stakeholders blame insecurity, poor governance • ‘New Lagos refinery will pump crude from region’ • Why region needs stability...
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Economy to shrink by 5.2% in 2020, says NESG
The Nigerian Economic Summit Group (NESG) has said the economy will shrink by 5.2 percent this year. It called for...
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NSE Lists Additional Shares of Consolidated Hallmark Insurance Plc
The Nigerian Stock Exchange (NSE) yesterday listed additional 2,032,500,000 ordinary shares of Consolidated Hallmark Insurance (CHI Plc). In a notification...
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