Business News Report

By Omoh Gabriel Mr. George Uriesi, Managing Director of FAAN, had an interactive session with journalists in Lagos last week. During the…

[ad#bid1] The National Bureau of Statistics (NBS) has said that the country’s inflation rate stood at 12.6 per cent in January. A…

[ad#bid1] The National Insurance Commission (NAICOM) has given insurance and reinsurance operators July 1 deadline to comply with its requirement on risk…

[ad#bid1] Weekly trading on the Nigerian Stock Exchange (NSE) opened on a positive note on Monday with market indices appreciating by 0.14…

[ad#bid1] The Standards Organisation of Nigeria (SON) said in Lagos that Nigeria would be self-sufficient in steel and rods production by 2014…

[ad#bid1] Gov. Rotimi Ameachi of Rivers has blamed the country’s developmental challenges on the “non-productive nature of its economy”. He made the…

[ad#bid1] The United Bank for Africa (UBA) has disclosed that it sold N100 billion non-performing loans to the Assets Management Corporation of…

[ad#bid1] Chairman of Nigerian Insurers Association (NIA) Mr Ladipo Ajayi has that the proposed Nigerian Insurance Industry Database (NIID) would help to…

[ad#bid1] Weekly transactions on the Nigerian Stock Exchange closed on a positive note on Friday with the market indices appreciating by 0.47…

[ad#bid1] Prof Bart Nnaji, the Minister of Power has promised that power supply in Nigeria would reach above 9,000mw by December if…

[ad#bid1] International money-laundering watchdog The Financial Action Task Force has added Pakistan, Indonesia, Ghana, Tanzania and Thailand to its blacklist of nations…

[ad#bid1] The Economic Community of West African States ECOWAS has elected Ivory Coast President Alassane Ouattara as its new chairman, just over…

[ad#bid1] Inter-bank lending rates in Nigeria rose to an average of 15.25 per cent from last week’s 14.91 per cent as the…

[ad#bid1] Market Cap (N’bn) 6,432.66 Market Cap (US$’bn) 40.73 NSE All-Share Index 20,411.17 Daily Performance % 0.48 1 Week Performance % (1.03)…