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The Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit in commercial banks grew by 7.61 percent in October 2020, compared with 7.35 percent in the previous month.

CBN to revive oil palm sector, stop importation – official

Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has reiterated the apex bank’s commitment to reviving the oil palm sector with a view to stopping importation of the commodity.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE opens week with 0.08 percent growth

Trading on the nation’s bourse resumed on Monday on a positive note, following investors’ interest in shares of Zenith Bank, International Breweries (IB) and Flourmill.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Bulls on rampage, NSE market indices up 6.23 percent

The bulls continued to dominate activities on the Nigerian Stock Exchange (NSE) with the All-Share Index rising above the set five per cent threshold to trigger circuit breaker.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Trading remains upbeat on NSE, index up 1.28%

Activities on the Nigerian Stock Exchange on Friday remained upbeat for the fifth consecutive day, with the All-Share Index growing by 1.28 per cent to cross 26,000 mark.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE market indicators resume week with 0.01% growth

The market indicators of the Nigerian Stock Exchange (NSE) resumed transactions for the week on Monday with a marginal growth of 0.01 per cent, amid cautious trading.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

NSE strengthens investor protection, upgrades X-Whistle

The Nigerian Stock Exchange (NSE) has announced the upgrade of its whistleblowing platform, X-Whistle.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Transactions remain upbeat on NSE, indices up 1.09 per cent

The nation’s bourse maintained a bullish mood on Tuesday with the key performance indices increasing further by 1.09 per cent on gains by some blue chips.
Chief of Staff to the Edo State Governor, Chief Taiwo Akerele; Edo State Governor, Mr. Godwin Obaseki; Chairman, Board of Directors, PRESCO Plc, Mr. Pierre Vandebeeck; Deputy Governor, Edo State, Rt. Hon. Philip Shaibu; Managing Director, Presco Plc, Mr. Felix Nwabuko and Secretary to the State Government, (SSG), Edo State, Osarodion Ogie Esq. during the visit of Mr. Vandebeeck to the governor at the Government House in Benin City, Edo State capital.

Edo government, PRESCO to collaborate on high-yielding oil palm seedling

The Edo State Governor, Mr. Godwin Obaseki has said the state government will be collaborating with PRESCO Plc on the development of high yielding oil palm seeds as part of the Edo State Oil Palm Programme (ESOPP), an initiative by the governor to revive the sector for global competitiveness.
Nigeria Stock Exchange

All-Share Index drops 0.16 per cent at NSE

The Nigerian equities market ended Tuesday session in red with the All-Share Index dropping by 0.13 per cent.

Dangote Sugar, Nestle drive stock market index up by 0.16 percent

Buoyed by gains in the shares of Nestle, Dangote Sugar and GT Bank, Nigeria’s stock market started the trading week on a positive note as the All Share Index (ASI) climbed up by 0.16 per cent to settle at 27,035.78 points.

Company partners federal government on one million hectare oil palm youth initiative

A private company, Presco Plc, says it is working with the Federal Government to establish a one million hectare Oil Palm Youth Programme in the country.

Central bank commences disbursement of initial N30 billion loan for palm oil production

A concerted effort to end oil palm importation and locally grow the crop on a large-scale basis has kicked off, with the Central Bank of Nigeria (CBN) allocating an initial N30 billion for the project, which it said is already being disbursed to beneficiary farmers in identified states.
Nigerian Stock Exchange NSE

NSE moves 131.43 million shares worth N1.40 billion in bearish trading

Investors at the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 131.43 million shares valued at N1.40 billion exchanged in 2,786 deals, the News Agency of Nigeria (NAN) reports.
Nigerian Stock Exchange NSE

All-Share Index drops marginally by 0.01% in cautious trading

Trading resumed on the nation’s bourse on Tuesday still on a negative trend, declining marginally by 0.01 per cent in a cautious trading.

Dangote Flour emerges best performing stock on NSE

Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent growth.
Nigerian Stock Exchange NSE

NSE All-Share Index rebounds by 0.67 per cent

The Nigerian Stock Exchange (NSE) market indices rebounded by 0.67 per cent on Tuesday after reacting to polls shift.
Nigerian Stock Exchange NSE

NSE investors’ net worth drops by N581bn in November

Investors’ net worth on the Nigerian Stock Exchange dropped by N581bn in November, amid ‘sell pressure’ ahead of the 2019 general elections and Yuletide celebrations.
Nigeria Stock Exchange

Trading maintains positive mood on NSE, up by 0.37%

Activities on the Nigerian Stock Exchange closed northward on Thursday with the market indicators appreciating further by 0.37 per cent.

Stock market sheds N10 billion on renewed sell-off

Analysts at Afrinvest Limited stated that “we anticipate a rebound in today’s trading, as we saw significant buy interest in banking stocks yesterday, which we expect to be sustained throughout this week.”
Nigeria Stock Exchange

NSE market indicators drop marginally by 0.08 percent

The Market indices of the Nigerian Stock Exchange (NSE) dropped marginally on Tuesday by 0.08 per cent, reversing the previous day’s gain.
Nigeria Stock Exchange

Nigerian Stock Exchange market indicators record 2.04% growth

Activities on the Nigerian Stock Exchange (NSE) improved on Tuesday with the market indicators appreciating marginally due to price gains by some blue chips.
Nigeria Stock Exchange

Notore Chemical listing lifts NSE market capitalisation by N128 billion

The market capitalisation of the Nigerian Stock Exchange (NSE) appreciated on Thursday by N128 billion following the listing of Notore Chemical Industries Plc shares.

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Nigerian major carrier, Air Peace, has announced that it would commence flight operations to Makurdi, Benue State capital, from Lagos and Abuja on December 7, 2020.

Air Peace resumes Accra flights March 15, set for Ilorin services

The spokesperson of the airline, Stanley Olisa, who disclosed this, stated that the Lagos-Accra flight will depart daily at 07:00hrs while the Accra-Lagos flight will depart at 07:40hrs.
Borno State Governor, Professor Babagana Umara Zulum, on Sunday, admitted that the dreaded Islamic sect, Boko Haram exists in many parts of the state and are threat to over six million people in the state.

Borno governor urges Nigerian government to seek external support to end insurgency

Governor Babagana Zulum of Borno has called on the federal government to seek external support from neighbouring countries, in order to end insurgencies in Nigeria.
The National Institute of Horticultural Research (NIHORT), Ibadan, Oyo State, has commenced a 2-day training for unemployed youths and women, on value addition for tomato farmers.

NIHORT trains 25 tomato farmers in Niger to reduce post-harvest losses, unemployment

The National Institute of Horticultural Research (NIHORT), Ibadan, Oyo State, has commenced a 2-day training for unemployed youths and women, on value addition for tomato farmers.

Police promotion: PSC insists no zone is marginalised

The Police Service Commission has reiterated that no part of Nigeria has been deliberately shortchanged in the promotion of officers of the Nigeria Police Force.
Prof Ibiyinka Fuwape of Physics Department, Federal University of Technology, Akure (FUTA) has emerged one of the winners of African Union Kwame Nkrumah Regional Award for Scientific Excellence, AUKNASE 2020.

FUTA lecturer wins AU scientific award

Prof Ibiyinka Fuwape of Physics Department, Federal University of Technology, Akure (FUTA) has emerged one of the winners of African Union Kwame Nkrumah Regional Award for Scientific Excellence, AUKNASE 2020.

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The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 7

Speaker Gbajabiamila: Unity essential to rebuilding Lagos

The Speaker of the House of Representatives, Femi Gbajabiamila, on Friday harped on the need for unity among the arms of government to rebuild Lagos.
The Minister of State for Health, Dr Olorunnimbe Mamora, said that the Federal Government planned to cover 70 per cent of Nigerians within two years.

PTF: No coronavirus vaccines for under-18

The Presidential Task Force (PTF) on COVID-19 has said that Nigerians under the age of 18 years will not receive the COVID-19 vaccines in the country.
One of the students of Government Science College Kagara, Niger State lucky to escape recent abduction in the school has narrated how the gunmen who kidnapped his colleagues callously killed one of his friends in the course of the criminal action.

Kagara abduction: Parents commend Niger government over victims’ release

Parents of the abducted students of Government Science College, Kagara, Niger, have commended the State Government for securing the release of the students and other victims.
Referee Lee Mason before listen’s to VAR’s is it or isn’t saga following a quick free kick from Brighton’s Lewis Dunk found the net. In the end it was chalked off. Peter Powell-Pool-PA

EPL: Brighton miss two penalties in West Brom defeat after VAR chaos

Kyle Bartley’s early header was the difference in an eventful clash at The Hawthorns, where the visitors missed two penalties and also had a goal disallowed.
The Kaduna State Independent Electoral Commission (KADSIECOM) has postponed the local government elections earlier scheduled for May 15, 2021.

Kaduna council polls postponed

The Kaduna State Independent Electoral Commission (KADSIECOM) has postponed the local government elections earlier scheduled for May 15, 2021.