Seplat followed with a gain of N33.01 to close at N355.12, while Forte Oil gained N13.25 to close at N227.25 per share
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The Naira was sold at N191 to the Dollar at the Bureau De Change from N193 on December 24
The award is given to the company which demonstrates the highest degree of compliance with the rules and regulations of disclosure obligations to the Nigerian Stock Exchange in the year under review
The News Agency of Nigeria reports that the Asset Management Corporation of Nigeria formally handed over the management of Mainstreet Bank to Skye Bank Plc on December 18
The state, according to Governor Rauf Aregbesola, has concluded all arrangements to go digital in the collection of its revenues and erase all avenues through which revenue officials come in contact with cash
The court, under Magistrate Auwalu Yusuf, also ordered the company to pay a fine of N1 million before reopening
The statement said: “The widely published comment by Governor Adams Oshiomhole alleging that $30 billion is missing from the Excess Crude Account is shocking and totally untrue
In a statement issued in Ilorin, Kwara State on Saturday by its National Publicity Secretary, Alhaji Lai Mohammed, the party said the Minister of Finance, Ngozi Okonjo-Iweala, herself had said at the Financial Times Africa Summit 2014 in London in October, that the report would be ready in November 2014
He explained that the same governors who had failed to pay workers their salaries for more than three months, were able to mobilise funds to pay their delegates during the just concluded party primary elections across the states
Oduoza, who spoke to the News Agency of Nigeria in Abuja, said NPLs had not reached the five per cent threshold set by the Central Bank of Nigeria for the sector
The News Agency of Nigeria reports that the air ticket for an hour flight currently ranged from N30,000 to N43,000, depending on the carrier
This was contained in a statement signed by Michael Faloseyi, the NERC’s Head of Media, and made available to newsmen on Thursday
Princewill, who is LP’s flag bearer in the 2015 general elections, made the promise in Port Harcourt on Thursday during an interview with the News Agency of Nigeria.
He said that the highest employer of labour was the small and medium scale enterprises that dotted the country
Presenting the 2015 appropriation bill of over N 112.5 billion to the state House of Assembly in Sokoto, Wamakko said the money was used to rehabilitate some federal roads and other projects in the state
NAN also reports that the special session of the legislature to receive the proposal was presided by the Deputy Speaker, Alhaji Abubakar Tureta, on behalf of the Speaker, Alhaji Lawallli Zayyana
The National Pension Commission said the pension contribution by both public and private sectors into Retirement Savings Account at the…
Diamond Bank came second on the activity chart with 51.38 million shares worth N295.30 million in 46 deals, while Aso Savings accounted for 50.00 million shares valued at N25 million in one deal.
Similarly, the NSE All-Share Index appreciated by 1642.82 points or 5.01 per cent to close at 34,428.82 from the 32,786.00 achieved on Tuesday
Presenting the budget on the floor of the Niger State House of Assembly, Aliyu said the 2015 budget is expected to be financed through Statutory Allocation estimated at N51.93 billion, Value Added Tax estimated at N10.8 billion, Internally Generated Revenue estimated at N9 billion and Capital Receipts estimated at N9 billion
The Head of Public Affairs of the DPR in Kaduna, Rabiu Bello, announced this to newsmen during an inspection of filling stations in Kaduna
Similarly, the market capitalisation rose by N467 billion or 4.51 per cent to close higher at N10.824 trillion, compared with the N10.357 trillion recorded on Monday