Equity investors lose N4.9trn, as market uptrend reverses
By Peter Egwuatu The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange Limited, NGX. The development was driven by a sustained profit-taking move across major sectors. Consequently, the NGX market capitalisation, which represents the total value of stocks listed on the […]
Before you choose a bank (2)
Service should be the first factor to be considered before choosing a bank. It should start with the banking services your need. You have to be clear about what you need. The banking needs of a student are different from that of a petty trader, or that of a manufacturing company.
Otti tasks banks on support for manufacturing sector
The former Group Managing Director/CEO of Diamond Bank Plc, Mr. Alex Otti, has charged financial institutions in the country to show more support to the manufacturing sector by developing more products that will adequately provide capital to the entrepreneurs.
Rights group condemns neglect of host communities
An international organisation, Global Rights, has slammed the Federal Government over the Mineral and Mining Act by not protecting and providing basic amenities for host communities.
Vandalism can increase risk in oil price instability — NAPE
The Nigerian Association of Petroleum Explorationists, NAPE, has called for stricter sanctions on oil vandals, if the target in production of crude in the country has to be met.
NERC gives Discos ultimatum to meter customers
Nigerian Electricity Regulatory Commission, NERC, has given the distribution companies, Discos, two weeks within which to provide electricity consumers whose meters are yet to be delivered months after payment with the products.
