Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Investors’ fortune soars further by N426 billion in four trading days
The dominance of the bulls have continued unabated, as the equities market sustained positive sentiments for four consecutive trading days,...
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At 20.89bn Litres, Nigeria’s Petrol Imports Hit Six-year High
•South-west takes delivery of 6.24bn litres •North-east got 1.4bn litres Nigeria imported a total of 20.89 billion litres of...
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BDCs warn members against speculation, dollar exchanges N461/$
The Association of Bureaux De Change Operators of Nigeria has warned its members and forex speculators putting pressure on the...
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All-Share Index Rises Further as Market Sustains Bullish Trend
The Nigerian equities market sustained its bullish trading yesterday as the main index gained 1.03 per cent to close higher...
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Police Embark on Strict Enforcement of Curfew, Interstate Travel Ban
•Bow to pressure, amend no-exemption directive against journalists, health workers •FG holds self-medication responsible for most COVID-19 deaths •Trains 12,000...
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Naira depreciates at I&E window, forex turnover up 117%
T The naira has depreciated to N386.33 at the Investors and Exporters (I&E) window as investors and importers continue to...
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Bread prices may increase by 60%, bakers warn
Bakers in Lagos State have urged the Federal Government to intervene in the prices of baking materials, which may lead...
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Yuguda is new SEC DG
President Muhammadu Buhari has appointed Mr Lamido Yuguda as the new substantive Director-General of the Securities and Exchange Commission (SEC)....
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BUA Cement Records N61bn Profit, Recommends N1.75 Dividend Per Share
BUA Cement Plc yesterday announced a dividend of N1.75 per share for the year ended December 31, 2019. The dividend...
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Buhari Extends Nationwide Curfew, Kano Lockdown by Two Weeks
•Urges govs to work with task force •216 fresh cases move tally to 6,175 with 1,644 discharged, 191 dead •Mortality...
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Fuel pump price may rise in June as oil heads towards $40 per barrel
If the Federal Government’s pricing template is anything to go by, Nigerians may have to brace for an increase in...
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NBS: VAT generated N338.94b in Q1
The National Bureau of Statistics (NBS) says N338.94billion was generated as Value Added Tax (VAT) in the first quarter (Q1)...
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Zenith General Insurance Profit Rises By 16% to N3.67bn
Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review...
Read moreInvestors gain N37bn on blue-chip firms
Transactions on the floor of the Nigerian Stock Exchange on Monday halted marginal negative sentiment witnessed last Friday to begin...
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Court authorises change of ownership scheme for NSE
The Federal High Court, Lagos, has granted an order authorising the scheme of arrangement for the Nigerian Stock Exchange (NSE)...
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Total Nigeria Recommends N6.71 Dividend Despite Lower Profitability
Total Nigeria Plc has announced a dividend of N6.71 per share for the year ended December 31, 2019. The dividend...
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FBNQuest Merchant Bank lists N5b bond on NSE
FBNQuest Merchant Bank (MB), the investment banking and asset management subsidiary of FBN Holdings Plc, at the weekened listed its...
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CBN naira defence depletes foreign reserves by $3.17bn
The country’s foreign reserves which stood at $38.07bn at the end of 2019 fell to $34.9bn at the end of...
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‘Why N50.1 billion gross written premium raises investors’ hopes’
Determined to regain confidence in the nation’s insurance industry, underwriters are beginning to explore digital avenues to aid the performance...
Read moreInvestors Stake N9.8bn on 926m Shares as All-Share Index Falls 0.72%
Trading at the stock market fell last week after an impressive performance in the first week of May. Specifically,...
Read moreDespite COVID-19, NSE Attracts More Portfolio Investments
Total portfolio investment into Nigeria through the Nigerian Stock Exchange (NSE) as at first quarter of 2020 increased by 49...
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2020 Q1 Results: How innovation is driving Jumia’s Growth
It was Peter Drucker, who popularized the phrase “innovate or die,” using the coinage to call on businesses and their...
Read moreNSE Hosts First Virtual ATS Broker Certification Training Programme
The Nigerian Stock Exchange (NSE) is sustaining its digital credentials with the commencement of its first online Automated Trading System...
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The mask revolution
Behind every cloud, they say, there is a silver lining. That much is true of the dark cloud the spread...
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Subscriber group rejects DStv/GOtv new tarrif
Subscribers under the aegis of the Association of Telephone, Cable TV and Internet Subscribers have rejected the proposed hike in...
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