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Business and Economy

NSE market capitalisation opens March trading with N208bn loss

The Nigerian Stock Exchange (NSE) market capitalisation opened trading for March on Monday,  with a loss of N208 billion amid losses in blue chips. Specifically,...

Nestlé Nigeria records 6.6% growth in 2019, financial results say

Nestlé Nigeria Plc has announced its financial results for the year 2019, posting a revenue of N 283.9 billion and recording 6.6 per cent...

Africa’s business, consumer expenditures to rise to $5.6trn in 5 years–Adesina

The African Development Bank (AfDB) says the size of business and consumer expenditures in Africa will rise to 5.6 trillion dollars in five years. This...

Kaduna Trade fair: Local, Foreign vendors optimistic in spite of low patronage

Some Local and foreign vendors at the ongoing 41st Kaduna International Trade Fair on Sunday expressed optimism on getting more sales,  in spite of...

IFC, Coronation Merchant Bank launch N14.4bn trade finance guarantee

Coronation Merchant Bank Limited has launched a N14.4 billion Trade Finance Guarantee Facility to boost the financing of local businesses and enhancement of inter-continental...

Senate Committee promises to return SON back to ports

The Senate Committee on Industries has restated its commitment to return the Standards Organisation of Nigeria (SON) officials to the nation’s seaports. The Chairman, Senate...

DG assures adequate security at ongoing Kaduna International Trade Fair

Alhaji Usman Saulawa, Director General (DG) Kaduna Chambers of Commerce, Industry, Mines and Agriculture (KADCCIMA), has assured of adequate security throughout the ongoing 41...

Coronavirus: NPA says necessary protocols in place at ports

Nigerian Ports Authority (NPA) on Friday said  it had put in place necessary protocols at the ports as safeguard against the dreaded Coronavirus disease. The...

Coronavirus: Panic mood on NSE, market capitalisation loses N308bn

Trading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case after Egypt and...

ACCI to boost Halal sector economy through intl expo

The Abuja Chamber of Commerce and Industry (ACCI) says its forthcoming Halal Expo Nigeria 2020 will increase trade volume and investment in Halal economic...

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