Stock market lower by N817bn in 2016
Stock market lower by N817bn in 2016 By Kayode Ogunwale Despite economy recession that rocked Africa most populous country during the year 2016, the Nigerian stock market recorded negative…
Dangote loses N1.5trn to economy recession
Dangote loses to economy recession President of Dangote Group of Company, Alhaji Aliko Dangote, has reported lost trillion due to devaluation of naira. According to Bloomberg Billionaires Index, the…
SON arrests substandard products manufacturer in Onitsha
SON arrests substandard products manufacturer in Onitsha The Managing Director of Bendusco International Agency Limited, a manufacturing outfit in Onitsha, Mr. Benjamin Nwizu and a Chinese working for him, Mr.…
Ayade, Ita-Giwa, others laud Dangote on sponsorship of African Food Festival
Ayade, Ita-Giwa, others laud Dangote on sponsorship of African Food Festival Cross River State Governor, Professor Ben Ayade last weekend joined participants at the maiden African Food festival Calabar…
CBN awards Skye Bank for fight against electronic fraud
CBN awards Skye Bank for fight against electronic fraud Skye Bank Plc. has emerged “The Most Committed Watch Listing Bank in Nigeria” out of four corporate awards that were…
FMDQ welcomes N42bn worth of commercial papers on its platform
FMDQ welcomes N42bn worth of commercial papers on its platform As the year comes to an end, and the financial markets wind down to a somewhat inconspicuous close, reflecting…
FG secures N48bn World Bank support for mining development
FG secures N48bn World Bank support for mining development By Kayode Ogunwale The Federal Government, through the Ministry of Mines and Steel Development, has secured billion support from the…
Oando completes $115.8 million gas and power partial divestment to Helios
Oando completes $ million gas and power partial divestment to Helios Oando Plc has announced the completion of a partial divestment of 49 per cent of the voting rights in…
CSCS names Bola Addeko interim CEO as Bukar Kyari resigns
CSCS names Bola Addeko interim CEO as Bukar Kyari resigns The Board of Central Securities Clearing System PLC (CSCS) today announced that it has named Mr. Bola Adeeko as…
Ambode, Bagudu launch Lake Rice in Lagos
Ambode, Bagudu launch Lake Rice in Lagos By Olasunkanmi Adebola Lagos State Governor, Mr. Akinwunmi Ambode and his Kebbi State counterpart, Alhaji Atiku Bagudu on Wednesday launched the much…