NSE rebounds by N167bn on Dangote Cement gain
After days of persistent bearish trend, transactions on the nation’s bourse rebounded on Thursday by 0.78 per cent following buying interest in Dangote Cement.
Specifically, the All-Share Index rose by 318.29 points or 0.78 per...
Dangote Refinery’s has potential of bailing out Nigeria of economic downturn—-IMF
The International Monetary Fund (IMF), the global financial watchdog is projecting that Nigeria's Dangote Refinery would provide an elixir for the country's economy when it is completed and start production by 2022.
In its latest...
UNITLIFE partners Ecobank foundation on malnutrition amongst children in Africa
UNITLIFE, the United Nations initiative dedicated to fighting chronic malnutrition through innovation, and the Ecobank Group’s Foundation has announce the launch of “Make the Connection” campaign, aimed at raising awareness and funds to prevent...
FirstBank hits 86,000 Firstmonie agents, empowers more Nigerians
In furtherance of the need to promote business activities of its agent banking platform, First Bank of Nigeria Limited, has announced the provision of loan facilities of up to one million naira to its...
NSE market capitalisation loses N426bn
The bears continued to dominate trading on the Nigerian Stock Exchange (NSE) on Wednesday with investors losing N426 billion in about six hours of trading.
Consequently, the market capitalisation which opened at N21.715 trillion shed...
NDDC Wants US Support for New Regional Development Master Plan
The Interim Administrator of the Niger Delta Development Commission, NDDC, Mr. Efiong Akwa, has called for a collaboration with the United States government in its efforts to produce a revised Regional Development Master Plan...
15 ships discharge petroleum products, other items at Lagos ports
The Nigerian Ports Authority (NPA) said on Tuesday that 15 ships at the Lagos ports were discharging general cargo, bulk wheat, petrol, frozen fish, container and base oil.
It said it was expecting 20 others...
Ecobank Nigeria introduces money transfer Via SMS, WhatsApp
As part of its innovation in digital banking, Ecobank Nigeria said its customers can now transfer funds by email, SMS and Whatsapp.
According to the bank, this is a new features available on the Bank's...
Experts call for proper globally digitalization of Cryptocurrency
Despite the Central Bank o)f Nigeria’s (CBN) explanation on the reason for its directive to Deposit Money Banks (DMBs) and other financial institution to desist from dealing with cryptocurrencies, experts are of the view...
Glo customers to get free 36GB in Smartphone Festival Promo
To celebrate the Valentine’s season, national telecommunications company, Globacom is offering its subscribers 36GB of free data to be shared with their loved ones in the Glo Smartphone Festival Promo.
Globacom in a statement in Lagos...
