Business - News Agency Of Nigeria

NEPC, group ship agro products to China

On: January 20, 2023

Commodities By Lucy Ogalue The Nigerian Export Promotion Council (NEPC) and Zeenab Foods Ltd. have commenced the shipment of agro-commodities to Nigerian Export Trade House in China. Mr Victor Ayamere, the Managing Director of the group said this during the kick-off of shipment of the commodities in Idu Industrial LayoutContinue Reading

British don to share leadership insights on better management of change

By: Julius Toba-Jegede

On: January 17, 2023

In: Business

Paul Griffith By Razak Owolabi. Paul Griffith, the world’s first professor of management to lead a team to launch a rocket, will share insights into how world leaders can better manage change in the present uncertain times. Griffith, a Professor of Practice and the Senior Vice President, Products atContinue Reading

NSE indices reverse, down 0.60% on Dangote Cement loss

By: Rabi'u Sani Ali

On: March 11, 2021

In: Business, Economy/Business

By Chinyere Joel-Nwokeoma Transactions on the Nigerian Stock Exchange returned to negative territory on Thursday, following sell pressure on Dangote Cement and 10 other stocks. Consequently, the All-Share Index declined by 234.08 points or 0.60 per cent to 38,697.17 from 38,931.25 on Wednesday. Accordingly, the month-to-date and year-to-date losses increasedContinue Reading

Dry Port to provide export consolidation services in Kaduna – Manager

By: Rabi'u Sani Ali

On: March 11, 2021

In: Business, Economy/Business

By Moses Kolo The Kaduna Inland Dry Port (KIDP), on Thursday announced that it would soon commence export consolidation services to support exporters doing business in the northern corridor. Mr Rotimi Hassan, the KIDP Manager, made the announcement at a stakeholders’ meeting on Exporters and Export Processing Delivery, held inContinue Reading

FG urges capital market operators on retail investments

By: Rabi'u Sani Ali

On: March 11, 2021

In: Business, Economy/Business

By Ginika Okoye The Federal Government on Thursday advised capital market operators to consider retail investments, to enable ordinary citizens in the country to invest in the market. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, made the call at the 5th Budget Seminar webinar in Abuja. TheContinue Reading

NSE reacts to demutualisation approval, up N128bn

By: Rabi'u Sani Ali

On: March 10, 2021

In: Business, Economy/Business

By Chinyere Joel-Nwokeoma The nation’s bourse on Wednesday overcame its negative posture growing by N128 billion following bargain buying in Dangote Cement and Nestle as well as news of approval of demutualisation. Specifically, the market capitalisation rose by N128 billion or 0.63 per cent to close at N20.369 trillion againstContinue Reading

Ports: 20 ships discharge petroleum products, others

By: Edith Ike-Eboh

On: March 9, 2021

In: Business, Economy/Business

By Chiazo Ogbolu The Nigerian Ports Authority (NPA) said 20 ships at the Lagos ports were discharging bulk wheat, bulk gypsum, general cargo, frozen fish, container, butane gas and bitumen. The NPA also said that it was expecting 17 others laden with petroleum products, food items and other goods fromContinue Reading

Investors lose N371bn on NSE in one trading session

By: Edith Ike-Eboh

On: March 9, 2021

In: Business, Economy/Business

Investors on the Nigerian Stock Exchange (NSE) on Tuesday lost N317 billion in a trading session amid sell pressure on bellwethers.Continue Reading

Islamic finance institute to partner TrustBanc Arthur

By: Rabi'u Sani Ali

On: March 5, 2021

In: Business, Economy/Business

By Rukayat Adeyemi The Institute of Islamic Finance Professionals (IIFP) is seeking partnership with TrustBanc Arthur, a non-interest investment institution, to further deepen the penetration of Islamic finance in Nigeria. IIFP Acting President, Dr Tajudeen Yusuf, made this known when he led associate members of the institute on aContinue Reading

FirstBank unveils First Global Transfer to ease cross-border payments

By: Rabi'u Sani Ali

On: March 5, 2021

In: Business, Economy/Business

By Itohan Abara-Laserian First Bank of Nigeria Ltd has unveiled First Global Transfer (FGT) to promote international transfer of funds across its subsidiaries in sub-Saharan Africa. FirstBank Chief Executive Officer, Dr Adesola Adeduntan, disclosed this in a statement made available to the News Agency of Nigeria (NAN) on Friday inContinue Reading

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