Market Offences: NGX Fines 16 Firms N779m In Three Years
The Nigerian Exchange Limited has sanctioned 16 companies for various market infractions in three years.
Specifically, the NGX imposed the sum of N779.5m fine on LASACO Assurance Plc, Presco Plc, Ardova Plc, C&I Leasing Plc, and...
CBN: Rate In View As MPC Meets Today
The Monetary Policy Committee (MPC) is due to begin its two-day meeting on the economy on Monday (today) amid the economic crisis fuelled by the naira redesign policy and fuel scarcity.
Analysts in the country have said the...
Equities Market Losses N476bn In A Week
The market capitalisation of the Nigerian Exchange Limited dropped below N30tn last week, weeks after it crossed the mark, leading to a loss of N476bn for investors.
This bearish trend started on Monday with investors losing N3bn to close...
FG, Politicians Frustrate Oil Sector Growth - Report
The incessant scarcity of Premium Motor Spirit, popularly called petrol, vandalism of pipelines, oil theft and several other menaces in the oil and gas sector are due to the gross mismanagement of the industry by the Federal...
Poultry Farmers Lost N30bn Eggs to Naira Scarcity - Association
The Poultry Farmers Association of Nigeria said its members lost more than N30 billion worth of over 15 million crates of eggs due to the effect of naira scarcity in the country.
The National President of...
FAAN: Unions Protest Airport Concession, Drags Minister to Court
Aviation workers’ unions have dragged the Minister of Aviation, Hadi Sirika and the Federal Airports Authority of Nigeria to court over the planned concession of major airports across the country.
The workers’ unions comprising Air Transport Services...
