archiveNovember 20, 2017

  The Nigerian Equities market recorded a third successive positive close today as the NSE ASI gained 24bps on its previous close of 36,703.58 points to close at 36792.60 points. Market capitalization closed at 12.794 trillion naira and market breadth closed bullish with 15 losers as against 17 gainers. NSE...

  The Central Bank of Nigeria (CBN) intervened in the inter-bank Foreign Exchange Market to the tune of $210 million on Monday. Figures obtained from the Bank revealed that the interventions were in the wholesale, small and medium enterprises (SMEs) and invisibles windows. Confirming the figures, Acting Director, Corporate Communications...

The Nigerian Army has announced the promotion of 136 senior officers to generals. Those promoted include 92 colonels who were promoted to brigadier generals even as 45 brigadier generals were promoted to major generals. A statement from the army spokesperson, Sani Usman, confirmed the promotions. The Nigerian Army Council has...

The United States government has announced $45.5 million as an additional aid to support Nigeria’s stabilisation and early recovery efforts to help those affected by the Boko Haram insurgency in the North East. U.S. Deputy Secretary of State, Mr John Sullivan, announced this on Monday during the meeting of the...

  Members of the International Civil Aviation Organisation (ICAO) who are in the country for World Aviation Forum holding in Nigeria on Tuesday and Wednesday were received on Monday by   President Muhammadu Buhari in the Presidential Villa, Abuja. The President who was told that Nigeria is among the West and...

  *FG to upgrade teaching hospital in Ibadan, 8 other tertiary healthcare centers *”In the last 60 years, UCH has also produced some of the most accomplished and most distinguished medical personnel the world has seen.” – Vice President   Remarks by the Vice President, Federal Republic Of Nigeria, His...

  *Nigerian economy continues to improve steadily with rise in Q3 figures In a clear indication of ongoing progress, the Nigerian economy has improved further, according to the latest GDP figures just released by the National Bureau of Statistics, with oil, agriculture and industrial sectors leading the charge. The Buhari...

  …Announces pricing of US$1.5bn 10-year; US$1.5 billion 30-year notes under its Global Medium Term Note programme The Federal Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its US$4.5 billion Global Medium Term Note programme (increased from...

The NSE All-Share Index and Market Capitalization depreciated by 1.12 per cent and 0.57 per cent to close trading transactions on the Nigerian Stock Exchange  last week at 36,703.58 and N12.774 trillion respectively. Similarly, all other indices finished lower during the week with the exception of the NSE Oil/Gas Index...

  The United States government has allocated $400 million to scale up treatment for people living with HIV/AIDS in Nigeria, the Presidential Emergency Plan for AIDS Relief (PEPFAR), an agency of the US government, has said. The US government promised that nobody who is infected with HIV/AIDS will left behind,...