NSE Market Capitalisation Grows By N27bn

NSE Market Capitalisation Grows By N27bn

The market capitalisation of the Nigerian Stock Exchange (NSE) for the third consecutive day on Wednesday posted further growth increasing by N27 billion or 0.23 per cent to close at N11.550 trillion against N11.523 trillion on Tuesday. Similarly, the All-Share Index, which opened at 33,436.61, inched 78.32 points or 0.23 points to close at 33,514.93 […]

Etisalat Changes Name To 9mobile – CEO

Etisalat Changes Name To 9mobile – CEO

 Chief Executive Officer,of  Etisalat Nigeria  Boye Olusanya, has announced yesterday that Etisalat Nigeria has changed brand name to 9mobile, “Emerging Markets Telecommunication Services Limited (EMTS), which previously traded as ‘Etisalat Nigeria’ wishes to inform its over 20 million subscribers, government, regulatory agencies and all relevant stakeholder groups that the telecommunication company has changed its name […]

Yam Prices Increase In Spite Of Foreign Exports

Yam Prices Increase In Spite Of Foreign Exports

The National Bureau of Statistics, NBS, on Monday said that the price of yam increased in June, amid exportation of the foodstuff to Europe. Data released by the bureau for June 2017 , tagged ‘Selected Food Price Watch’ revealed that the average price of 1 kilogram of yam tuber increased by 32.84 per cent between […]

Despite Interventions Why Is Exchange Rate Still High

Despite Interventions Why Is Exchange Rate Still High

Foreign exchange earnings capacity, economic structure of the country, and outlook are keeping the naira value high despite interventions. Presently, it is exchanged at N306 per dollar at the allegedly inaccessible interbank window; N360 per dollar at Invisibles Segment; N362 by the licensed Bureau De Change operators; N369.35 at newly inaugurated Investors and Exporters window; […]

CBN Approves N660 Million For Gombe Farmers

CBN Approves N660 Million For Gombe Farmers

Nigeria’s Central Bank has approved the sum of N660 million for 3,479 farmers in Gombe State under the Federal Government’s Anchor Borrower scheme to boost rice farming. Head, Development Finance of the CBN in Gombe, Sani Muhammad Chobe, disclosed this, on Thursday, during a two-day sensitisation workshop for stakeholders. Chobe said plans have been concluded […]

Apply For Tony Elumelu Foundation (TEF) Entrepreneurship Forum – 2017

Apply For Tony Elumelu Foundation (TEF) Entrepreneurship Forum – 2017

The*Tony Elumelu Foundation, a nonprofit organization*working to promote entrepreneurship in Africa,*is hosting the*Elumelu Foundation Entrepreneurship Forum Oct. 13 to 15 in Lagos, Nigeria.*Journalists are invited to attend and cover this conference. Application Deadline:*23rd July 2017 Selected journalists will be notified on August 1, 2017. Eligible Countries:*African Countries To Be Taken At (Country):*Lagos, Nigeria About the […]

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