Capital Market
27 Feb 2024
Nigeria Exchange Limited (NGX) reopened on a downward note yesterday, shedding N51 billion, amid price depreciation in many blue-chip stocks.
26 Feb 2024
The consumer goods, banking and industrial goods indices topped the gainers' chart at the end of last week's transactions on the equities sector of the Nigerian Exchange Limited (NGX) with 4.05 percent, 0.7 per cent and 0.001 per cent.
1 day ago
The Imo Government has read a riot act to hoteliers and operators of nightclubs to desist from enabling the use of hard drugs in their premises. This is contained in a statement signed by the Special Adviser to Gov. Hope Uzodinma on Narcotics and Illicit Drugs Monitoring, Chief Ezechukwu Obonna, made available to newsmen in…
1 day ago
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has called for continuous collaboration between professional associations in the oil and gas industry and government agencies to ensure the sector contributes more effectively to the socio-economic development of Nigeria.
1 day ago
The reintroduction of the International Cargo Tracking Note (ICTN) has reignited debates within Nigeria's maritime sector, highlighting a significant divide between regulatory bodies and industry stakeholders.
1 day ago
In recognition of his outstanding performance in steering the bank’s affairs since its inception as a commercial bank, the board of Parallex Bank Limited has renewed the tenure of Dr. Olufemi Bakre as the Managing Director of the bank for the next five years effective from May 1, 2025.
1 day ago
Following the success of the inaugural edition of the Interswitch Discovery Series at Babcock University, Ogun State, Interswitch has commenced the second edition of the ‘town-meets-gown’ collaborative innovation and idea discovery programme at Landmark University in Kwara State.
1 day ago
The Central Bank of Nigeria (CBN) Staff Multi-Purpose Cooperative Society Limited has signed a Memorandum of Understanding (MoU) with the Enterprise Development Centre of Pan-Atlantic University and Pro-Serve Integrated Services Limited
1 day ago
A report by Schneider Electric has disclosed that residential buildings are also contributing to carbon emissions globally, stressing the need for homeowners to adopt sustainable energy consumption at a domestic level.
2 days ago
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, said the country would not allow price fixing in the petroleum industry, stressing that local refineries and operators must trade based on willing sellers and willing buyers.
2 days ago
Small and medium enterprises (SMEs) in Nigeria are leveraging digital payments, innovation, and partnerships to expand their reach and strengthen business operations, according to the third edition of the Mastercard SME Confidence Index.
2 days ago
For a successful implementation of the Federal Government's economic stabilisation programme, tax experts said the proposed reforms would depend on the clarity of legislation, consistent regulatory enforcement and effective stakeholder engagement.