Gainers and losers Daily performance from the Nigerian Stock Exchange for the trading day ended 6th November 2017. Nigerian stocks closed trading on a negative note as the all share index dropped -0.22%. Market capitalization at the close of trading was N12,781,651,985,420.91. Highlights of today’s trading session. NSE All Share Index was 36,930.83 down -0.22%. Market […]
Investment incentives are geared towards encouraging and aiding private sector participation in the recovery and growth of the nation’s economy. This program is set to be unveiled today in Abuja by the Nigerian Investment Promotion Commission (NIPC) and the Federal Inland Revenue Service (FIRS).
It was with dismay that Nigerians who use the toll gates being managed by Lekki Concessionary Company (LCC) welcomes the news of an increase in tariff across all the classes of vehicles. The increase in tariff is billed to take effect on the 8th of November 2017. Many users of the toll described the increase […]
The week from the rear view Last week, the Central Bank Governor, Godwin Emefiele, pronounced that Nigeria was likely to record single digit inflation rate in 2018. Unsurprisingly, not a lot of people agreed with him and understandably so. Those against point to the continuous rise in food inflation as a reason. Food inflation […]
…Project to Create One Million Jobs, Reduce Carbon Emission, Attract FDI In its avowed commitment to ensure unimpeded supply of petroleum products and safeguard the environment through reduction of carbon emission, the Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Ondo State Government to establish a 65,000 million litres […]
The TSTV decoders are now available nationwide. Many Nigerians were disappointed when the company failed to keep to its earlier promise on commencing operation on October 1st 2017 which was later now shifted to November 1st 2017. A message from the company read “Thousands of free units of TSTV PR Decoders have been deployed nationwide […]