The Nigerian equities market halted its three consecutive days of losses yesterday, as a result of renewed appetite in some blue-chip stocks, causing investors’ wealth to appreciate by N11 billion.
Despite efforts of the Federal Government in trade promotion, there is no ease of doing business in the export end of local aviation.
The Nigerian equities market reversed previous negative sentiments to close in an upbeat yesterday, as gains in Neimeth International Pharmaceuticals and 22 others lifted market capitalisation...
Perennial underpricing and poor rates in the ground handling sub-sector of aviation yearly is costing the entire industry a shortfall of $28.35 million or N11.6 billion ($1:N410).
Aviation Ground Handling Association of Nigeria (AGHAN) has urged the Nigerian Civil Aviation Authority (NCAA) to reform the sub-sector and set up minimum safety and handling rates for operators.
Profit-taking in many blue-chip stocks, especially Prestige Assurance and Pharma-Deko, forced the Nigerian Exchange Limited (NGX) to reverse its gaining streak to close on a downturn yesterday..
As double-digit inflation persists in the country, Nigerians, especially the middle class, have called for immediate remedies, lamenting that indeed, the situation has rendered them poorer...
When the pedestrian bridges on the Murtala Muhammed International Airport Road were constructed, many were excited and hopeful that, not only would they help in preventing road crashes...
Operatives of the National Drug Law Enforcement Agency (NDLEA) have intercepted illicit drugs, including cocaine, heroin and cannabis weighing 37.3kilogrammes, seized in five different bids while seven persons were arrested.
Following gains recorded by most blue chip stocks, the Nigerian Exchange Limited (NGX) reopened in uptrend yesterday, as market capitalisation gained N60 billion.
Two years after President Muhammadu Buhari commissioned the airport road, two of the pedestrian bridges on the expressway are near completion.
The dominance of the bears has continued unabated on the equity sector of the Nigerian Stock Exchange (NSE) as more blue-chip stocks joined the league of losers yesterday, resulting to a further slide in market capitalisation by N132 billion.