Turnover of shares traded on the Nigerian Stock Exchange in November dropped by 4.19 billion shares or 43.24 per cent, the News Agency of Nigeria (NAN) reports. A total of 5.50 billion shares worth N43.39 billion were traded in November ag...
The Nigerian Ports Authority (NPA) said on Friday that 101 ships were expected to arrive at the various terminals in Lagos ports between Dec. 7 and Dec. 31. The NPA daily publication, ``Shipping Position’’, made available to newsmen in Lago...
The Yobe Government said on Wednesday it had expended more than N1.5 billion on providing logistics to security operatives in the state in the past one year. Yobe is the hot-bed of the Islamic Boko Haram insurgency. The state's Deputy Governor, Alh...
The Bank of Agriculture (BOA) says it has disbursed more than N47 billion as loans to farmers in the last 11 years. Alhaji Ahmed Yahaya, the Assistant Director of the bank, announced this at an agricultural processing sensitisation workshop in Dutse on...
Central Bank Governor Malam Sanusi Lamido Sanusi on Wednesday said there was the need for the ongoing constitutional review to address the high cost of governance in the country Sanusi made this known at the Financial Sector Forum at the just concluded...
Following stringent measures put in place in the management of fuel importation to check corruption in the payment of fuel subsidy claims, the Petroleum Products Pricing Regulatory Agency (PPPRA) has said that the federal government has between January...
The federal government, under the Agricultural Transformation Agenda (ATA), has established a network of one-stop-shop agro-input centres to ensure the availability, accessibility and affordability of agricultural inputs, as well as serve as singular a...
The Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has revealed that the International Monetary Fund (IMF) and the World Bank would be using the existence and capacity of deposit insurance as a...
The NNPC has assured that ongoing repairs at the Kaduna Refinery and Petrochemical Company (KRPC) will be completed soon to address the fuel scarcity in some parts of the country. Mr Fidel Pepple, the Group General Manager, Public Affairs Division of t...
Mr Remi Olowude, the President of Nigerian Insurers Association (NIA), yesterday urged all tiers of government to collaborate with the association to set up a National Flood Insurance Fund Programme. Olowude made the call after his investiture as the 2...
Mainstreet Bank Limited has announced the promotion of 150 members of staff. A statement released by the bank at the weekend stated that the promotion exercise was carried out in line with the commitment made by the management ...
The Governor of the Central Bank of Nigeria (CBN), Malam Sanusi Lamido Sanusi, has reiterated his call on stakeholders to ensure the successful implementation of the cashless policy in the country. Sanusi made the call in Enugu on Friday in a message t...
A total of 226.49 million shares worth N2.3 billion were traded in 3,582 deals on the Nigerian Stock Exchange on Friday. The News Agency of Nigerian (NAN) reports that this was against 327.28 million shares valued at N1.7 billion traded in 3,847 deals ...
The Niger Delta Development Commission (NDDC) said it had commenced construction of 15.5 km Amaba-Ezere-Ozara-Acha-Ivo Road with two bridges and three double culverts. The commission’s Head of Public Affairs, Mr Iditoye Abosede, said this in a st...
Shanduka Group, a leading South African Black Economic Empowerment investment holding company, via its wholly owned subsidiary Shanduka Telecommunication Mauritius, has paid $335-million to acquire a minority stake in MTN’s Nigerian bus...