Wednesday, March 4, 2020
NSE members approve demutualisation resolutions Members of the Nigerian Stock Exchange on Tuesday passed requisite resolutions for the demutualisation of the Exchange at a Court-Ordered Meeting and an Extraordinary General Meeting….read more 11 Plc set to delist from NSE The board of directors of 11 Plc says following its meeting held on February 27, it has approved the proposal for the oil firm to voluntarily delist from the Nigerian Stock Exchange…..read more. Discos reject 17,657MW as power outage persists Power generation on the national grid wobbled continuously in February as electricity distribution companies rejected a total of 17,657.19 megawatts of energy allocated to them by the Transmission Company of Nigeria between February 3 and February 23…..read more Economic crisis forces 42 Lagos SMEs to shut down At least 42 Small and Medium Enterprises in Lagos have been forced to shut down due to huge losses resulting from stifling operating environment…..read more South Africa enters recession, again Nigeria emerges Africa’s biggest economy Nigeria has overtaken South Africa as the biggest economy in Africa as the latter enters its second recession in two years…. Read more We’ll keep border closure agreement with neighbours –Buhari The President, Major General Muhammadu Buhari (retd.), has said Nigeria will keep any agreement it reaches with its neighbours on the reopening of the country’s shut land borders…..read more NSE appoints inaugural board to oversee post-demutualisation Okereke-Onyiuke, others okay exercise, say the decision will attract new investments….read more Finance Act to promote ease of business, say tax professionals The Federal Inland Revenue Service (FIRS) has assured business owners of growth and improvement in businesses with the new 2020 Finance Act….read more 30% of banking revenues come from digital payment ecosystem About 30 percent of banking revenues are said to be coming from the various digital platforms made available to customers….read more Why mergers and acquisition will top insurers’ agenda for recapitalisation Following the ongoing recapitalisation in the industry, the National Insurance Commission (NAICOM), is planning a palliative mechanism for underwriters….read more Bargain hunting lifts stock market index by 1.70 per cent Following bargain hunting in most blue-chip companies, the Nigerian equities market yesterday halted seven consecutive days of downturn, index soared by 1.70 percent….read more |