However, the NSE recorded a turnover of 3.73 billion shares worth of N75.88 billion in 39,060 deals last week
Browsing: Economy
He said: "We will print all the paper notes here in Nigeria as usual, but it is only when we have cash in hand that we will print the naira notes abroad
According to the statement, the first of the five-year bonds worth N25 billion will mature in April 2015 and the other worth N35 billion will mature in April 2017
PZ Cussons recorded the highest price loss of N3.26 to close at N45 per share
Akinjide said this at Bukpe, Kwali Area Council, during an inspection tour of FCT Fadama III project sites.
Dangote Cement recorded the highest price gain of N13.20 to close at N184.50 per share
The government is working hard to capture the other defaulting individuals and businesses into the net for proper collation
“The activities of illegal refineries are extremely damaging to the environment as significant proportion of the stolen crude used in the illegal refineries is disposed of in the environment
He said the effort so far had indicated that the state governor was a true promoter of democracy
“This could be seen from some of the spectacular seizures, which he has made since assumption of office because of the strategies and the new approach we have taken in combating smuggling
The general manger said some of the damaged aircraft parked at the airport hangar could cause insecurity at the airport
The News Agency of Nigeria reports that the current land use charges were introduced following the harmonisation of the various charges on land in 2001
Senator Smart Adeyemi (PDP-Kogi) stressed the need to investigate why funds set aside for sugar development in the sugar levy accounts were used for other purposes
Kontagora said that it had also created transfer of technology to Nigerians, through manpower training due to specialised nature of their operators
He said that the Financial Times of London Magazine on FDI regarded OGFTZ as one of the most successful zones in Africa
Orji said the Future Generation Fund and the Nigeria Infrastructure Fund would get $325 million each from the $1 billion, while the Stabilisation Fund would receive $200 million
According to Kurfi, the introduction of market making and prompt release of quarterly and audited results by companies have boosted investors’ confidence in the market
The News Agency of Nigeria reports that the All-Share Index, which opened at 36,907.81, dropped by 90.07 points to close at 36,817.74.
Similarly, the market capitalisation dipped by N28 billion or 0.24 per cent to close at N11.77 trillion against the N11.79 trillion achieved on Friday
Obasanjo said that the nation’s economic development should not be hindered, adding that the country should start the process of backward integration, which would encourage the growth of local industries
“The global community is on track and already geared up and we are working to put in place a strategic platform that will involve us all and enable us track and fingerprint stolen crude