By Kayode Tokede The Nigerian Exchange Limited (NGX) equities market last week rose by 1.90 per cent on impressive released first half (H1), 2021 earnings corporate results. Capital market analysts noted that impressive H1 earnings results from Total Nigeria and…
By Kayode Tokede With a decline in gross earnings and interest income, Africa Prudential Plc has reported 24 per cent drop in profit as stated in unaudited half year (H1) result and accounts for period ended June 30, 2021. The…
By Moses Adeniyi The reflection of the dominance of one party has continued to assume stronger dimension in the Country’s political space with the recent local government elections in the South West. The political gimmicks that outplayed in the Saturday…
Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria. Mustafa takes over from Mr. Ignatius Ifelayo who served the company meritoriously for seven years. Prior…
Global credit rating agency, Fitch Ratings, has affirmed the African Development Bank’s (AfDB) credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the bank’s shareholders. Fitch views the bank’s…
Nigerian manufacturers are experiencing a pileup of inventory of finished goods due to low purchasing power of Nigerians, the Purchasing Managers Index (PMI) of the Central Bank of Nigeria (CBN) has shown. A Monetary Policy Committee (MPC) member, Folashodun Shonubi,…
Following the official launch of the Economic Community of West African States (ECOWAS) Trade Promotion Organizations (TPO) Network last Friday towards increasing the volume of trade within the region, Nigeria is poised to boost its non-oil exports leveraging the platform.…
The Standards Organisation of Nigeria (SON) has impounded 400 bottles of fake, substandard and injurious Mayonnaise cream in Abakpa-Nike Community Market in the Enugu metropolis. The Public Relations Officer of SON in Enugu, Mr Paul Iorkyaa, said this in a…
The National Agency for Food and Drugs Administration and Control (NAFDAC) in Nasarawa State says it has intensified campaign against fake drugs and adulterated products in Karu Local Government Area. The NAFDAC Coordinator in the state, Mr Nantim Dadi, made…
Attempt towards censoring the activities of the Press in Nigeria is driving to the height where resistance has begun vehemently to visit the moves. The argument has relied strongly on the fact that the Government in its inability to contain…
