Nigerian stock market lose N513billion 4 days after GEJ’s visit
The Nigerian All Share index recorded its third day of losses today after it dipped 0.4% to close at 29,434,46....
The media got it wrong: NERC DID NOT cut electricity by 50%, and we explain why
Newspaper and several online reports yesterday carried headlines that electricity tariffs were cut by a whopping 50%. This claim was...
Embattled Sierra Leone Vice President sacked for seeking asylum in the US.
Sierra Leone President Ernest Bai Koroma has sacked Vice President Samuel Sam-Sumana for seeking asylum in a foreign embassy, a...
Cleaner who returned N12m, just got her salary increased 92% to N15,000
Punch reports Josephine Ugwu, the airport cleaner who returned a passenger’s luggage containing local and foreign currencies to the tune...
UPDC REIT declare 31kobo dividend distribution
UPDC Real Estate Investment Trust (UPDC REIT) has announced a dividend proposed of 31kobo per share for unit holders for...
Official Press Release confirming reduction in Electricity Tariff
Since January 1, 2015 when the Nigerian Electricity Regulatory Commission (NERC) approved the MYTO 2.1 we have received several complaints...
Nervy market as only 6 stocks post gains (Full price list 17/3/2015)
Market continued its downwards slide today, marking the 3rd consecutive day of losses, as the NSEASI declined by 1.26% to...
How Jega’s ‘imminent removal’ could negatively affect Nigerian Economy
According to several onine reports, President Goodluck Jonathan has summoned the Chairman of the Independent National Electoral Commission (INEC), Professor...
GT Bank receives $175million to expand lending
International Finance Corp (IFC) has lent $175 million to Guaranty Trust Bank (GT Bank) which it expects to use to...
Ashaka Cement appoints new Chairman
AshakaCem Appoints Yahyah Chairman, Plans $1bn Expansion Programme: AshakaCem Plc, one of the major subsidiaries of Lafarge Africa Plc, has appointed...
