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Market capitalisation dips by N62bn on Tuesday

he market capitalisation on the Nigerian Stock Exchange (NSE) in Lagos dropped by N62 billion or 0.48 per cent at Tuesday’s trading, as major stocks recorded price losses.
Updated 5 Years ago

Cashless Policy to Start Nationwide July 1

The Bankers’ Committee Tuesday resolved to extend the cashless policy to all states in the country from July 1, 2014.
Updated 5 Years ago

Samsung Unveils Ultra-modern Customer Service Plaza

Samsung Electronics West Africa has unveiled the first of its kind Customer Service Plaza (CSP) in Abuja. The new center boasts of a waiting lounge, experiential points, kiddie’s zone and dedicated service slot.
Updated 5 Years ago

MultiChoice Introduces DStv Acada Scheme

MultiChoice, provider of premium pay-TV on the DStv and GOtv platforms has launched the DStv Acada Scheme, in furtherance of its effort to enrich lives. The DSTV Acada Scheme is a youth enterprise initiative, with the objective of tapping into young minds, in order to offer them an opportunity to jump start their entrepreneurial abilities.
Updated 5 Years ago

FBN, GTBank, Zenith Lead in Global Ranking

First Bank of Nigeria Limited for the third consecutive year has been adjudged Nigeria’s number one banking brand in the 2014 ‘Top 500 Banking Brands’ global ranking.
Updated 5 Years ago

FG to Raise N100bn Bond to Fast-track Completion of Lagos-Ibadan Road

n what appears a major policy reversal, which the Minister of Works, Mr. Mike Onolememen, has called a novel approach to funding projects worldwide, the federal government yesterday announced a new measure to fast-track the completion of the Lagos-Ibadan expressway.
Updated 5 Years ago

Market Capitalisation Loses N96.65bn

The Nigerian capital market closed trading on a negative trend with the value loses recorded by Dangote Cement, Nigerian Breweries, Guinness Nigerian Plc and Total Nigeria Plc.
Updated 5 Years ago

NSE Index Rises 1.96% as Market Rebounds

Trading activities on the Nigerian bourse resumed on positive note after last week’s bear run that saw market indicators close in the red. The Nigerian Stock Exchange (NSE) All-Share Index rose 1.96 per cent to close at 41,366.42 as 38 stocks appreciated.
Updated 5 Years ago

BOI To Start Disbursement Of $500m Fund

The Bank of Industry (BoI) on Friday announced that it would soon commence the disbursement of the African Development Bank’s $500 million (N80 billion) fund to industrialists in Nigeria.
Updated 5 Years ago

NSE delisted six companies in 2013 — Report

No fewer than six companies were among the entities and securities delisted from the Nigerian Stock Exchange in 2013; according to data obtained from the NSE.
Updated 5 Years ago

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