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NIGERIAN BUSINESS NEWS
Shareholders of the leading cement manufacturer, Dangote Cement Plc, have approved a dividend payment of N272.6 billion for the financial year ended December 31st, 2018.
In a bid to checkmate cyber security issues in Nigeria whilst keeping in touch with global best practices, the Nigerian Communication Commission (NCC) has finalised plans to launch cyber-crime control centres (known as Emergency Control Centres) across the country.
Airtel Africa Limited has declared its intentions to float his shares simultaneously on the Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE)
The Lagos Apapa Command of the Nigeria Customs Service (NCS), has revealed that it generated N170.4 billion within the space of 5 months.
The Nigerian Stock Exchange ended Monday's trading session in negative territory. The All Share Index closed at 29,938.33...
Ellah Lakes PLC, a leading Agribusiness company, earlier today listed an additional 1.880 billion ordinary shares of 50 kobo each on the Nigerian Stock Exchange.
The Director General of Standards Organisation of Nigeria (SON), Osita Aboloma, has revealed plans to partner with the Nigerian Army to ensure that its assembly vehicle initiatives become effective.
Mile 2 road inward Tin Can Island ports corridor will be closed by the Lagos State Government (@followlasg) for 48 hours, the Permanent Secretary of the Ministry of Transportation, Taiwo Salaam has revealed.
Authorities of the Nigerian Stock Exchange (NSE) has placed red alerts on some 34 quoted companies as a disciplinary measure for breaching some of its extant rules.
The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) trending downward by 1.27% WTD to close at an index level of 30,046.70 and Market capitalization of N13.23 trillion. This represents 4 weeks low.
Cement manufacturing giant, Dangote Cement PLC, at the weekend issued N50 billion in Commercial Papers (CP) in order to meet short term financial obligations.
Data obtained from the Nigeria Interbank Settlement System (NIBSS) has shown that the value of instant bank transfers transactions carried out in the first five months of 2019, stood at N41.48 trillion.