Nigerian Stock Market Statistics (Thursday, 8th March, 2012) Market Cap (N’bn) 6,684.65 Market Cap (US$’bn) 42.44 NSE All-Share Index 21,181.42 Daily Performance % 0.54 1 Week...
The Honourable Minister of Petroleum Resources, Deziani Alison-Maduekwe, has granted consent assigning 45 per cent of participating interest of SPDC, TEPNG and NAOC in OML-40 to...
The House of Representatives on Wednesday resolved to invite Mallam Sanusi Lamido Sanusi, Central Bank of Nigeria governor to explain to it, where he derived his...
Market Cap (N’bn) 6,639.78 Market Cap (US$’bn) 42.19 NSE All-Share Index 21,068.34 Daily Performance % 0.68 1 Week Performance % 4.70 YTD Performance % 1.63 Daily...
In a new comment, Fitch Ratings says that the partial removal of the fuel subsidy in Nigeria from 2012 will likely result in extra resources of...
The naira appreciated against the U.S dollar on the inter-bank market on Wednesday, as a result of the large dollar sales by NNPC to some banks...
British oil firm Afren said it hoped to bring a field discovered in Nigeria in January into production in the “near-term”, after tests on the oil...
Chevron Corp. said on Tuesday that a raging fire that followed a gas explosion at its Funiwa well just off the coast of Nigeria had gone...
Nigerian crude oil price differentials firmed on Tuesday, as a result of the renewed Asian demand following the announcement of another buying tender by a large...
Akwa Ibom (AK) state’s Long-Term foreign and local currency ratings has been given a positive mark by Fitch Ratings from a step up from its previous...
Governors elected on the platform of the PDP have reiterated their unalloyed loyalty to President Goodluck Jonathan and dismissed insinuation that they would gang up against...
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says a new revenue formula will be released to Nigerians before the end of first quarter of this year....
The Managing Director of Niger Delta Power Holding Company (NDPHC), Mr James Olotu, has stated that with enough gas Nigeria’s power supply would hit 10,000 megawatts...
Director-General, National Pension Commission (PENCOM) Mr Muhammad Ahmad,, has disclosed that a proposal for an amendment of the Pension Reform Act to prosecute abuses by employers...
Trading on the floor of the Nigerian Stock Exchange (NSE) on Monday opened on a positive note as the market indices recorded marginal growth. The All-Share...