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Dangote Cement Industry

Shareholders seek more mergers, acquisitions in cement industry

Shareholders under the aegis of Constance Shareholders’ Association of Nigeria (CSAN) on Saturday said that mergers and acquisitions would improve cement industry activities on the Nigerian Stock Exchange (NSE).
Nigerian Stock Exchange NSE

Nigerian equities sustain rally with N66 billion gains

Nigerian equities continued on the positive side on Thursday as investors stepped up bargain-hunting ahead of the end of the business year. Average return stood at 0.51 per cent, equivalent to net capital gain of N66 billion.
Nigerian Stock Exchange NSE

Winner of Nigeria Stock Exchange essay competition emerges

A student of Grandmates Schools in Isolo, Lagos, Adesewa Adeniyi, has won the first prize at the Nigerian Stock Exchange 2019 Essay Competition for Senior Secondary School students.
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the Federal Government will welcome long-term agribusiness activities coming from Russia to Nigeria.

Border closure, forex restriction’ll boost capital market – minister

The Minister of Industry, Trade and Investment, Niyi Adebayo, has said the gains being recorded from the border closure and the foreign exchange restriction on 44 items will increase domestic business’ activities and make the capital market more active.
Nigerian Stock Exchange NSE

NSE suspends trading on Continental Reinsurance

The Nigerian Stock Exchange (NSE) has placed full suspension on trading in the shares of Continental Reinsurance Plc. The suspension was in furtherance of the bid by the majority core investor to acquire minority shareholdings in the reinsurance company.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN Nigeria appoints new executive director, chief financial officer

MTN Nigeria Communication PLC on Friday announced the appointment of Modupe Kadri as its new Executive Director and Chief Financial Officer (CFO).
Nigerian Stock Exchange NSE

NSE wins awards for promoting CSR reporting, delivering efficient in-house legal support

The Nigerian Stock Exchange says it has received the “Best Corporate Social Responsibility Initiative (Promoting Sustainability & Reporting)” and the “Capital Market In-House Team of the Year” awards at 2019 Marketing World Awards and ESQ Nigerian Legal Awards respectively.
Mosun Belo-Olusoga

Access Bank appoints new chairman

Access Bank PLC on Monday announced the appointment of its new chairman as its incumbent chairman, Mosun Belo-Olusuga, prepares to retire in January 8, 2020.
Nigerian Stock Exchange NSE

NSE crucial market indicators end with 0.03% growth

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent.
Nigerian Stock Exchange NSE

NSE crucial market indicators end Friday with 0.03 per cent growth

The Nigerian Stock Exchange (NSE) crucial market indicators closed trading on Friday with a marginal growth of 0.03 per cent.
Ernest Ndukwe

Ernest Ndukwe resigns from Access Bank board

Access Bank Plc on Tuesday announced the resignation of Dr. Ernest Ndukwe as an independent Non-Executive Director from its board.
Nigerian Stock Exchange NSE

NSE: Guinness, PZ lowest performing stocks in October

Guinness Nigeria Plc emerged the lowest performing stock on the Nigerian Stock Exchange (NSE) for the month of October in percentage terms.

DBN, NSE partner to create capacity for MSMEs

The Development Bank of Nigeria (DBN) has announced that it is partnering with the Nigerian Stock Exchange to explore ways in building capacity and bringing Micro Small and Medium Enterprises (MSMEs) to the floor of the Exchange.

Oando‘s profit up by 26 percent to N13.1 bn in Q3

Oando Plc, an indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange has announced unaudited results for the nine months period ended September 30, 2019,(Q3’19) recoding Profit After Tax , PAT of N13.1 billion, an increase of 26 percent compared to N10.4 billion in the same period in 2018 (Q3’18).
Nigerian Stock Exchange NSE

Analysts anticipate stock market rally after OMO restriction

The decision by the Central Bank of Nigeria (CBN) to restrict individuals and local firms, non-bank financial institutions inclusive, from investing in its open market operations (OMO) auctions may end up providing a welcome boost to one of the world’s worst-performing stock markets, the Nigerian Stock Exchange (NSE).
Lafarge SA

Lafarge Africa reports 173 percent profit in nine months

Lafarge Africa Plc, a subsidiary of LafargeHolcim, a regional dealer in building materials, on Monday announced over 173 per cent profit in its nine months of operations.

Why Julius berger is ‘preferred’ contractor for Nigerian projects – minister

Babatunde Fashola, minister of works and housing, has explained why Julius Berger is preferred above “indigenous companies” when entrusting infrastructural projects to companies in the country.

Dangote, MTN, Glo lead in the 2019 most valuable brands in Nigeria

For the umpteenth time, Dangote Group, a Nigerian owned and most diversified conglomerate has emerged the most valuable brand in Nigeria after the 2019 Top 50 Brand survey, while MTN closely followed as the most valuable multinational and telecommunication brands with Glo coming third in the chart.

Recent Stories

The management of Petroleum Training Institute (PTI), has finally reeled out reasons the institute is progressing.

No oil company in Nigeria without PTI graduate – management

Conducive learning environment and partnering with several institutions to share ideas, provide platform for students and staff exchange for mutual benefit are key to the institutions progress.

US visa process to get more difficult as Donald Trump adds Nigeria to travel...

Donald Trump, president of the United States of America, may sign an executive order expanding visa restrictions to seven countries including Nigeria.
Abdullahi Umar Ganduje

Kano government trains 150 women, orphans in skills acquisition

Kano State Government in collaboration with the National Agency for the Control of Aids has trained 130 youths, women and orphans in the state in various skills acquisition.
The evil spirit -possessed, blood -thirsty Boko Haram insurgents are on the prowl against troops of the Nigerian Army even as this story is being gathered.

Nigerian Army speaks on ‘killing, abduction of soldiers’ in Borno

The Nigerian Army has dismissed the report of killing and abduction of soldiers by Boko Haram terrorists along Gwoza-Bama road in Borno.

Emmanuel Jime: I accept Supreme Court verdict in good faith

Mr Emmanuel Jime, the All Progressives Congress (APC), governorship candidate in the 2019 governorship race in Benue, has accepted in good faith the Supreme Court verdict that affirmed Gov. Samuel Ortom’s re-election.