ShareBy Aluta News June 21, 2021 The Nigerian equities market began trading for the week on Monday still on negative mood with 0.27 per cent loss due to renewed profit taking. Specifically, the All-Share Index which opened for the week at 38,648.91 shed 103.61 points or 0.27 per cent toContinue Reading
ShareBy Aluta News June 17, 2021 An International Monetary Fund (IMF) team on Thursday said that Nigeria’s economy was “gradually” recovering from the negative effects of the COVID-19 pandemic. IMF disclosed this in its End-of-Mission statement from its headquarters in Washington, DC, on preliminary findings following virtual meetings by itsContinue Reading
ShareBy Aluta News June 14, 2021 The G7 Development Finance Institutions (DFIs) have announced a commitment to invest $80 billion dollars in Africa’s private sector, over the next five years, to support sustainable economic recovery and growth in the continent. A statement on Monday, from the African Development Bank (AfDB),Continue Reading
ShareBy Aluta News June 13, 2021 A newly published report has ranked Airtel Nigeria, a leading mobile telecommunications company, as Nigeria’s best in broadband coverage speed, following a nationwide broadband assessment by Umlaut. Airtel confirmed this development in a statement it issued in Lagos, on Sunday. Umlaut is an internationalContinue Reading
ShareBy Aluta News June 8, 2021 The bulls returned on the Nigerian stock market on Tuesday with investors’ net worth appreciating by N102 billion on bargain hunting. The bullish performance was due to investors’ buy interest in industrial goods, consumer goods and oil & gas sector stocks. Specifically, the marketContinue Reading
ShareBy Aluta News June 6, 2021 The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. This particularly relates to requests of travelers seeking foreign exchange for travel allowances, payment of tuition and medical fees,Continue Reading
ShareBy Aluta News June 3, 2021 The domestic bourse extended positive growth on Thursday to close upbeat with N34 billion following investors interest in MTN Nigeria Communications (MTNN). Consequently, the market capitalisation inched higher by N34 billion or 0.17 per cent to close at N20.092 trillion against N20.058 trillion achievedContinue Reading
Share By Gambo Jagindi May 28, 2021 Nasarawa, Flour Mills Nigeria, sign MoU for production of sugar in Toto Nasarawa State government and Golden Sugar Company, a subsidiary of the Flour Mills Nigeria Plc, have signed a Memorandum of Understanding (MoU), estimated at over USD300m, for the production of sugar,Continue Reading
ShareMay 25, 2021 By Ikenna Uwadileke, News Agency of Nigeria (NAN) Bees are flying insects popular for their role in the production of honey. While most people seem to think that honey is the only valuable product bees produce, but bees produce up to six different high-demand products. The productsContinue Reading
Share By Gambo Jagindi May 22, 2021 2nd year anniversary: Engineer Sule performs ground breaking ceremony for N8bn, 4000 homes joint venture in Karu As part of activities marking the second year anniversary of his administration, Nasarawa State governor, Engineer Abdullahi Sule, performed the ground breaking ceremony of the PeninsulaContinue Reading
