Billionaire business man and Chairman of Capital oil, Ifeanyi Ubah, has said if given the chance, he can make the dollar return back to N200 within one month. Ubah said this during an Interview with Channels TV on February 21st. He said : “Look at the position of the Naira …
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NSE moves 311.59m shares worth N8.95bn
The Nigerian Stock Exchange (NSE) on Friday moved 311.59 million shares valued N8.95 billion traded in 2,588 deals. This was against 414.35 million shares worth N3.29 billion exchanged in 3,380 deals on Thursday. GT Bank drove the volume of shares traded with an exchange of N138.16 million shares worth N2.28 …
Read More »HAS WENGER LEARNT FROM STOKE DISASTER?
The Frenchman and his players were abused by their own fans after Arsenal’s 3-2 defeat at the Britannia Stadium last season and must prove they have toughened up on their returnIt was perhaps the lowest point of Arsene Wenger’s career as Arsenal manager – and there have been a few.Just over 13 months …
Read More »Stock market loses N5.97tn in 18 months
The Chief Executive Officer, Nigerian Stock Exchange, Mr. Oscar Onyema, has said the Nigerian capital market has lost over N5.97tn from July 2014 to date. He also said 2016 would be a challenging year for the capital market and the Nigerian economy at large. Onyema disclosed this at the NSE …
Read More »Leicester City thanks Fans with free beer for a successful year
Leicester City owners has decided to surprise fans with free beer before their clash with Man City at the King Power Stadium,to appreciate them for supporting the team to near ‘greatness’ The club has been the surprise package this season, staying top of the table before the New year and …
Read More »Naira hits new low at unofficial market
Nigeria’s naira fell 1.5 percent to a new low of 265 to the dollar on the unofficial market on Wednesday after the central bank rationed dollar supplies this week, traders said. The bank cut the amount it sold to each of the 2,270 retail money exchange brokers that participated in …
Read More »FG to Nigerians: Fuel Subsidy going next year as price moves from N87 to N97
THE Federal government has alerted Nigerians to prepare ahead for what it termed, more austere conditions in view of the strict economic policies being put in place by the Muhammadu Buhari led administration, just as it vowed to strictly monitor expenditure of all Ministries, Department and Agencies, MDAs to avoid …
Read More »‘Why we sealed Shoprite Ikeja’,Lagos State
The Lagos State Safety Commission, LSSC, sealed off the popular Ikeja Shopping Mall branch of Shoprite. According to the LSSC officials, the largest fast moving consumer goods retail outlet was shut down because it breached safety laws of the land. Further probe revealed that the outlet was sealed for selling …
Read More »Black Friday: Deal or Dud? Deception galore and how to shop smart
Before lining up at a retail store or firing up your computer for Black Friday bargains this today, ask yourself one question: Have you ever scored a great deal from the annual post-Thanksgiving shopping bonanza? If you were hard-pressed to think of something, you would not be alone. Black Friday, which has …
Read More »Dangote flour changes name to Tiger Branded Consumer Goods
Company secretary and legal adviser of Dangote Flour Plc, Aisha Ladi Isa has notified the Management of the Nigerian Stock Exchange (NSE), of the company’s change of name to Tiger Branded Consumer Goods Plc. The new name is to better reflect the new ownership of the company as the change …
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