Nigeria’s stock market ends February on a bad note
Business
218 views
Business
218 views

Nigeria’s stock market ends February on a bad note

Webby - March 1, 2019

The decline in the value of shares on the Nigerian Stock Exchange (NSE) continued for the third day in a roll, as investors lost a total of…

Mining sector remains underdeveloped in Nigeria, stakeholders lament
Business
243 views
Business
243 views

Mining sector remains underdeveloped in Nigeria, stakeholders lament

Webby - March 1, 2019

Years after mining activities started in the country, stakeholders yesterday, in Abuja, offered explanations on the slow pace of Nigeria’s solid mineral and mining sector, and continuous…

Nigeria govt further depletes excess crude account to $249m
Business
232 views
Business
232 views

Nigeria govt further depletes excess crude account to $249m

Webby - March 1, 2019

The Nigerian government has further depleted the balance in the Excess Crude Account (ECA) to $249 million between January and February this year in an apparent last…

Business
233 views

TCN records 30,281.04 MW decrease, transmits 98,876.66 MW

Webby - March 1, 2019

The federal government recorded a decrease of 30,281.04 megawatts (MW) in power generation in February 2019, as the Transmission Company of Nigeria (TCN) transmitted 98,876.66 mw in…

Business
206 views

Infracredit supports North South Power’s maiden Corporate Infrastructure Bond

Webby - March 1, 2019

InfraCredit, on Friday, presented its guarantee of the North-South Power (NSP) Company Limited’s N8.5 billion maiden infrastructure bonds. InfraCredit is a Nigeria Sovereign Investment Authority (NSIA) affiliate.…

NSE market capitalisation decreases further by N196 bn on election outcome
Business
281 views
Business
281 views

NSE market capitalisation decreases further by N196 bn on election outcome

Webby - February 28, 2019

Trading on the Nigerian Stock Exchange (NSE) have continued to react negatively to the outcome of the presidential election with the market capitalisation losing N196 billion to…

Expert warns Nigerian farmers not to be deceived by early rains
Business
274 views
Business
274 views

Expert warns Nigerian farmers not to be deceived by early rains

Webby - February 28, 2019

Nigerian farmers have been advised not to be deceived by the early rainfall in the Savannah region to rush into agricultural activities. The national coordinator of Zero…