Author: Kingsley Ighomwenghian

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NSE Capitalisation Loses N273.94bn To January Effect, As Index Sheds 3.12%

NSE Capitalisation Loses N273.94bn To January Effect, As Index Sheds 3.12%

Market Update Jan 31 The first trading month of the year closed on a negative note as the market lost over 50% of the gain it recorded during Santa C...
Listing of Medview Airline On Nigerian Stock Exchange

Listing of Medview Airline On Nigerian Stock Exchange

Ms. Tinu Awe, General Counsel & Head Regulation, The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, Executive Director, Capital Markets Division, ...

Nigeria’s External Reserves Up By $2.278bn In January

Nigeria’s external reserves pool rose by $2.278 billion or 8.81% in January, closing at $28.121 billion on January 30, 2017, according to latest data ...

CBN Blames Banks For Publishing wrong Forex Sales Data

Against the backdrop of a media report that the Central Bank of Nigeria (CBN) sold foreign exchange to some preferential customers at rates ridiculo...
7-Up Shocks Investors With N4.843bn Q3 Loss, Amidst 26% Revenue Growth

7-Up Shocks Investors With N4.843bn Q3 Loss, Amidst 26% Revenue Growth

“Shock Treatment,” one of the several titles of legendary crime-fiction novelist- James Hardley Chase would best describe the feeling amongst investor...
University Press Nets N176.28m Profit In Nine Months

University Press Nets N176.28m Profit In Nine Months

Directors of University Press, on Tuesday presented its unaudited result for the nine-month ended December 31, 2016, showing that despite a loss befor...

Forte Oil Suffers 50% Full-Year Profit Slide, Despite Turnover Rise

Petroleum products marketing and electricity generation giant- Forte Oil Plc, on Tuesday presented its audited full-year score-card ended December 31,...

I’ll Returns To Nigeria Soon, Ibori Assures

Former Delta State governor, Chief James Onanefe Ibori, on Tuesday assured that he would return to Nigeria very soon. Speaking outside Court 5, befo...
Rivers, Lagos, Delta, A’Ibom Get Lion’s Share Of N426.88b Dec FAAC Allocation

Rivers, Lagos, Delta, A’Ibom Get Lion’s Share Of N426.88b Dec FAAC Allocation

A new report by the National Bureau of Statistics (NBS) on Tuesday morning gave a breakdown of the distribution of the country’s N426.88 billion share...
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