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Nigerian Stock Exchange NSE

Trading reverses negative mood, indices up 0.29 per cent

The Nigerian Stock Exchange (NSE) on Friday recorded growth with the market capitalisation increasing by N37 billion to change the bearish posture it maintained in the last four days.
Telecommunications operators have blasted the Nigerian Civil Aviation Authority (NCAA) over its threat to demolish about 7000 mast, largely owned by Global System for Mobile communication (GSM) service providers in the country.

NCAA begins 8,805 telecom masts demolition

The Nigerian Civil Aviation Authority (NCAA) on Tuesday said it will demolish 8,805 masts belonging to Globacom Nigeria Limited, banks and other financial institutions.
Nigerian Stock Exchange NSE

NSE: Market indices reserve losing streak, up by 0.06 per cent

Trading on the nation’s bourse reversed losing streak on Friday, recording first gain in June with a marginal growth of 0.06 per cent.
Nigerian Stock Exchange NSE

Transaction on NSE maintains losing streak, sheds N98 billion

The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday continued in a losing streak, dropping by N98 billion.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Customer drags bank to court over loss of C of O used for loan...

A customer of the Access Bank Plc, Isaac Dare, has accused the bank of breach of the duty of care to him by losing the Certificate of Occupancy for his property located in Oshodi/Isolo, Lagos State.
Rivers State Governor, Nyesom Wike, has recalled the 12 suspended Local Government Council Chairmen.

Official: Rivers not indebted to any bank in Nigeria

The Rivers State Government has declared that the administration of Governor Nyesom Wike is not indebted to any Bank in Nigeria.
Governor Udom Emmanuel

N1.4 billion fraud: Governor Emmanuel loses bid to quash charge against NBA chief Paul...

Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, has dismissed an application filed by Akwa Ibom State Governor, Emmanuel Udom, seeking to quash the entire charge preferred against Paul Usoro, SAN, President, Nigerian Bar Association, NBA, by the Economic and Financial Crimes Commission, EFCC.
Nigerian Stock Exchange NSE

Profit taking: NSE market indices decline by 0.17 percent

The crucial market indices of the Nigerian Stock Exchange (NSE) dropped by 0.17 per cent on Thursday after the work-free day to mark the May 29 inauguration date.

NSE: Market capitalisation loses N302 billion

Trading on the Nigerian equities market opened for the week on Monday with a loss of 2.22 per cent, following declining investors’ appetite on MTN Nigeria Communications shares.

Governor Okorocha: I’m leaving N42.5b in Imo coffers

Outgoing Imo State Governor Rochas Okorocha on Monday disclosed he has kept N42.5 billion in the coffers of the state for his successor, Chief Emeka Ihedioha.

MTN Nigeria records first loss after listing, amid profit taking

MTN Nigeria Communications on Friday recorded its first price loss on the Nigerian Stock Exchange after listing on May 16.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

N2.2 billion debt: Don Etiebet, Access Bank opt for out-of-court settlement

Access Bank Plc and Chief Don Etiebet have opted to settle out-of-court multiple court matters arising from claims and counter claims between the two parties over transaction between the bank and a limited liability company, Top Oil and Gas Nigeria limited.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank threatens to publish names of debtors

The management of Access Bank has threatened to publish the list of all its delinquent debtors.

MTN Nigeria lifts trading on NSE, records 10 percent growth second trading day

MTN Nigeria Communications Plc for the second trading day appreciated by 10 per cent due to high demand for the equity on the Nigerian Stock Exchange (NSE).

MTN stocks gain 21 percent in 48 hours

The telecommunications giant, which is the only one listed in the sector by the Nigerian Stock Exchange gained the maximum 10 per cent each of the two days of trading. It was initially listed at N90 on Thursday.

Lawyer asks court to nullify central bank chief’s re-appointment

A whistle blower, George Uboh, has challenged the plan by the federal government to extend the appointment of the Governor of the Central Bank of Nigeria (CBN), Godwin Emiefele
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank to splash N60m on 1,000 customers in DiamondXtra promo

Access Bank Plc on Monday said that over 1,000 DiamondXtra customers would be rewarded with the sum of N60 million in the first DiamondXtra quarterly draw.

N1 billion contract debt: Central bank, 14 banks deny overseeing Imo’s account

The Central Bank of Nigeria (CBN) and 14 other banks out of the 17 ordered by an FCT High Court to show cause why plea for garnishee of alleged accounts operated by Imo Government should not be made absolute, had denied overseeing the state’s accounts.

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Ahmed Idris, the Accountant-General of the Federation (AGF)

Federal government, states, local councils share N693.529 billion for September

The Federal Government, 36 states and the Federal Capital Territory and 774 local government areas shared N693.529 billion as of September allocation disbursed by the Federation Account Allocation Committee (FAAC).

Bayern Munich forward wants Manchester United move

Bayern Munich forward Thomas Muller wants Manchester United as the German offers himself to the Red Devils.

Governor Akeredolu not hospitalised – commissioner

The absence of the Ondo State Governor, Mr Rotimi Akeredolu, from office in the recent time has been generating reactions from various quarters as some were saying the governor had been in the hospital, treating food poisoning.
Nigeria Police

Police exhume another corpse in Benue rice farm

The Police Command in Benue have exhumed an unknown decomposed body in a rice farm in Ukum Local Government Area of the state.

Sunday Mba: I want to play active football again

Nigeria international midfielder Sunday Mba is keen to find a route back into football following an inactive two years.