NSE market capitalisation loses N120bn, amid sell pressure
December 11, 2017 Trading opened on the Nigerian Stock Exchange (NSE) for the week on Monday on a negative note with the market capitalisation shedding N120 billion amid profit taking….
Nigerian capital market stays up, issuances hit N1.55trn in September — SEC DG
The Securities and Exchange Commission (SEC) on Sunday said that the total value of issuances in the Nigerian capital market amounted to N1.55 trillion in September. Dr Abdul Zubair, SEC…
NSE market indicators drop by 0.70%
December 8, 2017 Nigerian Stock Exchange market indicators downgraded by 0.70 per cent on Friday to halt six consecutive days of upward movement, due to profit taking. The News Agency…
Nigeria generates 82, 226 MW of energy in Q3 – NBS
December 8, 2017 The National Bureau of Statistics (NBS) says the power generation statistics showed that 82,266 Megawatts ( MWh) of energy was generated daily by power stations in the…
Nestle sustains growth on NSE
December 7, 2017 Nestle Nigeria on Thursday sustained its growth on the Nigerian Stock Exchange (NSE) as the most priced equity to hit N1,410.08, thereby lifting the market capitalisation by…
Foreign inflow: NSE All-Share Index crosses 39,000 mark
December 6, 2017 The Nigerian Stock Exchange (NSE) All-Share Index on Wednesday crossed 39,000 mark just after the 38,000 mark on Tuesday. The News Agency of Nigeria (NAN) reports that…
Paradox: Coca Cola tells Nigerians to reduce sugar intake, eat more fruits
The Coca-Cola Nigeria Ltd. has advised Nigerians to choose a healthy lifestyle by reducing their sugar intake and eat more fruits. Mr Gbolahan Sanni, the company Marketing Manager, Stills and…
Indigenous oil company to invest $6bn in Nigeria’s oil, gas sector
December 6, 2017 An indigenous oil company, Petrolex Ltd., says it has set aside $6 billion to enable it make an impact in the downstream and upstream sectors of the…
Google pulls YouTube from Amazon devices, escalating spat
December 6, 2017 Rare public spat in the technology industry escalated when Google said it would block its video streaming application YouTube from two Amazon.com Inc devices. Google also criticized…
Malabu Oil Deal: Dutch Law Firm Sues Shell for Alleged Criminal Activities
A Dutch law firm has asked the public prosecutor in the Netherlands to file a case against Royal Dutch Shell, its CEO and former executives over what it says were…