The Nigerian Aviation Handling Company has said it is still awaiting details of the investigation being carried out by Economic and Financial Crimes Commission, following a raid on its office in Lagos last Monday. Operatives of the EFCC had last week stormed NAHCO’s office at...

… Board approves new Management Structure The Board of Directors of Abuja Electricity Distribution Company (AEDC) has approved the appointment of Engr. Ernest Mupwaya as the new Managing Director/Chief Executive Officer of the Company following the retirement of Mr. Neil Croucher after his 3-year tenure. The...

NASCON Allied Industries has declared a revenue of N8.59 billion for the half year ended June 30, 2016. This is against the N6.61 billion posted in the comparative period of 2015. The report is contained in the company's audited result released by the Nigerian Stock...

The Treasury bills market traded slightly bearish on Wednesday with yields up by 30 basis points on the average. This development, analysts at Vetiva Capital Management Limited, said, was a reaction to the Monetary Policy Committee decision to raise the Monetary Policy Rate. The most significant...

The Nigeria stock exchange NSE market changed its over two weeks southward movement to attract a gain of N108 billion to the total stock value. Analyst at Foresight Securities and Investment Limited explained that the profit recorded was borne out of renewed purchasing interest of...

Stock market investors (equities only) in the country recorded an appreciation in value of N1.461tn on their investments in the second quarter of this year. Compared to the first quarter of the year, the Nigerian Stock Exchange market capitalisation closed at N10.165tn on June 30...