NSE: investors’ wealth dips by 3.5%

Heavy investment losses last week greeted equities listed on the floor of the Nigeria Stock Exchange (NSE) as the twin market indicators ended low. Specifically, the NSE All-Share Index depreciated by 3.5 per cent to to close at 36920.56 basis points from 38,198.60 basis points it opened with while the Market Capitalization equally decreased by 3.5 More...

by Peoples Daily | Published 5 hours ago
By Peoples Daily On Monday, August 21st, 2017
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Baru appeals to Pipeline Vandals not to harm Nigeria’s Economy

NNPC Group Managing Director Dr. Maikanti Gachalla Baru By Etuka Sunday The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru has appealed to oil pipeline hackers to desist More...

By Peoples Daily On Monday, August 21st, 2017
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SEC urges Capital Market Operators to advise investors on equity investments

By Etuka Sunday The Securities and Exchange Commission (SEC), has urged the Capital Market Operators (CMOs) to professionally advise investors on equity investments so as to avoid the mistake of the past. The Director More...

By Peoples Daily On Monday, August 21st, 2017
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Optimism as US FAA begins IASA audit in Nigeria today

From Suleiman Idris, Lagos There is palpable optimism in the Nigeria aviation sector as the United States Federal Aviation Administration (FAA) today (Monday) commences an assessment visit to the country’s regulatory More...

By Peoples Daily On Monday, August 21st, 2017
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Optimism as US FAA begins IASA audit in Nigeria today

From Suleiman Idris, Lagos There is palpable optimism in the Nigeria aviation sector as the United States Federal Aviation Administration (FAA) today (Monday) commences an assessment visit to the country’s regulatory More...

By Peoples Daily On Thursday, August 17th, 2017
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CBN injects $364 m into Inter-Bank Forex Market

Central Bank of Nigeria (CBN) By Etuka Sunday The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in a bid to sustain liquidity More...

By Peoples Daily On Thursday, August 17th, 2017
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TCN secures $1.55bn funding for transmission expansion

The Transmission Company of Nigeria (TCN) The Transmission Company of Nigeria (TCN) By Musa Adamu Transmission Company of Nigeria (TCN) has disclosed that it had secured $1.55 billion from multilateral aid agencies More...

By Peoples Daily On Thursday, August 17th, 2017
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Whistle-Blowing an act of patriotism – Adeosun

Minister of Finance, Mrs Kemi Adeosun By Etuka Sunday The Minister of Finance, Mrs Kemi Adeosun yesterday said that whistle-blowing should be seen as an act of patriotism towards building a better country for future More...

By Peoples Daily On Wednesday, August 16th, 2017
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NNPC to support FG’s aspiration togenerate 10GW of power by year 2020

By Etuka Sunday The Nigerian National Petroleum Corporation (NNPC) has unveiled plans that would expand gas generation and distribution nationwide, in support of the Federal Governments’ aspiration to increase More...

By Peoples Daily On Tuesday, August 15th, 2017
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NNPC to support FG’s aspiration togenerate 10GW of power by year 2020

By Etuka Sunday The Nigerian National Petroleum Corporation (NNPC) has unveiled plans that would expand gas generation and distribution nationwide, in support of the Federal Governments’ aspiration to increase More...