archiveJanuary 5, 2017

For three consequent trading days of the year, The Nigerian Stock Exchange (NSE) has been trading on negative territory as the market All-Share Index closed at 26,212.09 against the previous close of 26,495.04 while Market Capitalization closed at N9.019 trillion against previous close of trillion ₦9.116, leaving investors with a...

By Abdul Olalekan FBNInsurance Limited has provided a Group Family Shield cover valued at N14.5 million for members of the National Association of Insurance and Pension Correspondents (NAIPCO). This, the insurance firm said, was part of its Corporate Responsibility and Sustainability (CR&S) drive. Speaking during the official presentation of the...

Nigeria's crude oil exports are on track to edge higher in February, due in part to deferred January cargoes, loading program compiled by Reuters showed on Wednesday. According to Reuters’ report, the loading program of 1.62 million barrels per day (bpd) on 50 cargoes comes despite only three cargoes of...

By Abdul Olalekan The Managing Director, Anchor Insurance Limited, Mr. Mayowa Adeduro, has urged the Federal Government to diversify the nation's economy through tourism and agriculture. Adeduro, in an exclusive interview with Business 247 News Online in Lagos, noted that tourism is a lucrative industry that can generate trillions of...

The management of Chi Limited has reaffirmed its commitment to the welfare of its staff, stating that the incident that took place on 30 December, 2016 in the company’s premises was unfortunate. In a statement, it stated that in the evening of Friday, December 30, 2016, some workers succeeded in...

The Central Bank of Nigeria (CBN) on Wednesday came out with the Anchor Borrowers’ Programme (ABP) guidelines and announced the appointment of Deposit Money Banks (DMBs), Microfinance Banks (MfBs) and Development Finance Institutions (DFIs) to disburse N220 billion targeted at ABP. The CBN also revealed in its website the guidelines...