Presidency Welcomes Latest GDP Figures

  *Nigerian Economy Continues to Improve Steadily with Rise in Q3 Figures In a clear indication of ongoing progress, the Nigerian economy has improved further, according to the latest GDP…

Nigerian economy grows 1.4 pct in Q3 -NBS

   Nigeria’s economy grew 1.4 percent year-on-year in the third quarter, the statistics office said on Monday, extending its slow climb out of its first recession in a generation. Africa’s…

NSE Daily Trading Results on Friday

  ASI 36,703.58 DEALS 3,097.00 VOLUME 1,827,380,175.00 VALUE N6,306,339,825.53 EQUITY CAP N12,774,178,623,892.31 BOND CAP N7,870,337,368,925.75 ETF CAP N6,482,289,991.99 Top Gainers Symbols Last Close Current Change %Change UNILEVER N36.1 N37.5 1.4…

Med-View Airline Extends Flight Operations to Abidjan, Conakry & Dakar

Med-View Airline Plc, listed on the floor of Nigerian Stock Exchange (NSE), has commenced flight operations to Abidjan, Conakry and Dakar. According to a statement to the Stock Exchange at…

Capital Market Operators urged to adapt to new business environment

  The Director General of the Securities and Exchange Commission, Mr. Mounir Gwarzo has urged capital market participants to constantly adapt to new and rapidly changing economic, regulatory and business…

NSE Trading Results on Wednessday

  ASI 36,617.45 DEALS 3,590.00 VOLUME 184,247,745.00 VALUE N3,324,128,261.64 EQUITY CAP N12,673,189,600,688.43 BOND CAP N7,870,337,368,925.75 ETF CAP N6,482,289,991.99 Top 5 Gainers Symbols Last Close Current Change %Change GUINNESS N100 N101…

Finance Minister, Foreign Investor Hold Talks on Cotton Textile Industry

  Dutch textile and design company, Vlisco Group on Tuesday held a high-level discussion with the Honourable Minister of Finance, Mrs. Kemi Adeosun, over its proposed investment in the Nigerian…

UAC of Nigeria Right Issue Opens At N16

  UAC Nigeria Plc has announced the opening of its rights issue of 960,432,193 ordinary shares of 50 kobo each at the offer price of N16 per share on the…

Nigeria’s Headline Inflation Rate Moderates to 15.91 Percent in October

  The National Bureau of Statistics (NBS), on Wednesday said Nigeria’s headline consumer price index has recorded its ninth consecutive deceleration this year. Headline inflation was 15.91 percent in October,…

States and the Rising Weight of Debt: How Economically Viable

  The dip in oil price coupled with relatively low production led to erosion in government revenue. This dislocation exposed the weakness in Nigeria’s revenue pool. Interestingly, these structural fault…