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5 Abia Lawmakers defect to APC in readiness for APC Mega...
JANUARY 9, 2018 - Five Members of the Abia State House of Assembly has defected to the All Progressive Congress(APC) from both PDP and...
Nigeria ranked 8th Cheapest place to buy Petrol
JANUARY 9, 2018 - With a pump price of N145 ($0.40) per litre, Nigeria has been ranked as the eighth cheapest place in the...
Afreximbank taps Islamic finance to support Africa trade
SYDNEY, JANUARY 9, 2018 - The African Export-Import Bank (Afreximbank) has raised around $260 million via three sharia-compliant facilities to support small- and medium-sized...
Union Bank raises $163 million via share sale to boost buffers
LAGOS, JANUARY 9, 2018 - Nigeria’s Union Bank has raised 49.7 billion naira ($163 mln)through a rights issued which it said was 120 percent...
Equities hit N14tr amid widespread rally
LAGOS, JANUARY 9, 2018 - Investors in Nigerian equities pocketed N330 billion in net capital gains yesterday at the Nigerian Stock Exchange (NSE) as...
Dangote Cement, Mobil lift NSE’s indices, as market cap hits N14tr...
JANUARY 9, 2018 - Investors’ expectations that the rally witnessed in the stock market in 2017 would be sustained this year heightened yesterday, as...
Nigeria’s Foreign reserves rise to $40.4 billion
ABUJA, JANUARY 9, 2018 - Foreign reserves have hit a three-year high at $40.4 billion, data from the Central Bank of Nigeria (CBN) have...
Subscribers beg NCC to end unsolicited messages
LAGOS, JANUARY 8, 2018 - The National Association of Telecommunications Subscribers (NATCOMS) on Monday urged the Nigerian Communications Commission (NCC) to address unsolicited text...
Flour Mills to open application for N39.9b rights issue
LAGOS, JANUARY 8, 2018 - Flour Mills of Nigeria Plc has rounded off pre-offer processes and signed off documentation for its N39.9 billion rights...
NSE begins direct flow of information to stock market
LAGOS, JANUARY 8, 2018 - The Nigerian Stock Exchange ( NSE ) has launched the auto-flow mechanism in its trading engine. This allows companies...




