Nigerian airports record 9.2m passengers, 140,552 aircraft movement in 9 months
The Federal Airports Authority of Nigeria (FAAN) says that a total of 9.2 million passengers passed through Nigerian airports in 140,552 aircraft movements between Jan. and Sept. 2017. A statistics…
CNN lauds Emefiele for growing Nigerian equities in 2017
The Governor of Central Bank of Nigeria (CBN) Godwin Emefiele, has received accolades from Cable News Network (CNN) for his effort in the management of the foreign exchange market which…
MTN assigns $231m loan to HIS Holding to Shore up Profits
December 28, 2017 MTN Group said on Thursday it had assigned 231 million dollars shareholder loan to phone tower group, IHS Holding Ltd. to shore its 2017 profits. MTN said…
2018: Economist forecasts better performance for naira in the Forex market
December 28, 2017 Prof. Hassan Oaikhenan of the Department of Economics and Statistics, University of Benin, said the foreign exchange environment would likely witness some favourable effects in 2018. Oaikhenan…
NSE market indices drop by 1.64% after Christmas holidays
December 27, 2017 Activities re-opened on the Nigerian Stock Exchange (NSE) on bearish note on Wednesday after the long holidays with the indices dropping by 1.64 per cent. The News…
34-year-old Ajaokuta Steel Company: Synopsis and Prognosis of a national monument
By Francisca Oluyole, NAN The Steel Industry is said to be the backbone of any nation. The Industry will continue to serve as stimulus to national development and economic boaster…
More Nigerians have slipped into unemployment, new NBS report shows
The latest National Bureau of Statistics (NBS) report suggests that more Nigerians have lost their jobs or are under-employed in recent months. The report says the country’s labour population increased…
CBN to offer 5% interest loans to farmers to procure feeds and equipment – Emefiele
The Federal Government will provide cheap funds of not more than five per cent to farmers who want to acquire agricultural equipment and feeds. The Central Bank Governor, Godwin Emefiele, …
Nigeria capital market indicators increase by 1.09%
December 21, 2017 The market indices of the Nigerian Stock Exchange (NSE) appreciated further on Thursday with a growth of 1.09 per cent following gains by some highly capitalised stocks….
Trading closes upbeat on NSE following Nestle’s N30.95 gain
December 20, 2017 Nestle Nigeria lifted activities on the Nigerian Stock Exchange (NSE) on Wednesday with a gain of N30.95 to reverse the two-day negative trading. The News Agency of…