Driven by continued increase in the share prices of quoted securities, the value of listed equities on the Nigerian Stock Exchange (NSE), rose by N32.9 billion.

The Nigerian Stock Exchange (NSE) has denied speculations of the likely emergence of its First Vice President, Alhaji Aliko Dangote, as the President of its Council, come August 6, when the tenure of the current President is expected to elapse.

Oasis Insurance Plc has recorded a significant improvement in its bottom line in its first quarter ended, March 31, 2009 financial statement, declaring a profit after tax of N88.77 million.

Registrars in the Nigerian capital market have blamed courier companies for majority of the woes faced by investors, quoted companies and other key stakeholders in the market, especially for the failures in public offers and rights issues and also for delays associated with the distribution of post-offer documents to stakeholders.

The abject sate of the roads especially in around the Lagos Ports and environs has drastically reduced the cargo through put in the port.

THE Port and Terminal Multi-services Limited (PTML) Customs Command of the Nigeria Customs Service (NCS) has intercepted 76 round of live ammunition and a spent bullet concealed in two vehicles.

At least 10 maritime industry stakeholders who have distinguished themselves in various aspects of maritime and related fields and who recently emerged from a long list of previously short- listed top players are to be honored at a top- rate celebrity showcase which has been tagged “Maritime Industry Night of Honour”.

THE Federal Government has realized about N24 billion from APM Terminals operators of Nigeria’s biggest port terminal inthe Lagos Port Complex – between 2006 and 2009.

39 insurance companies on the Nigerian National Petroleum Corporation (NNPC) gave said that terrorism is not covered in the country therefore the federal government may continue to repair or replace damaged oil facilities in the country arising from attack by Niger Delta militants as

The Executive Board of the International Monetary Fund (IMF) has approved unprecedented measures that will sharply increase the resources available to low-income countries in this time of global crisis.

What do you hope to achieve at the end of the tour of your facilities by the journalists ? That is a good question, I think the first objective is to shoe them that Nigeria is not what they think, you know the image of Nigeria out side the country is very negative and every […]

Local Manufacturers have replied the Minister of Commerce and Industry, Chief Achike Udenwa saying “We have enough production capacity to supply the demand of 150 million Nigerians.”

Lawmakers and Manufacturers Association of Nigeria (MAN), have expressed contradictory stands on relocation of manufacturing industries in the country to neighbouring Ghana.

The microfinamce bank inter-bank market must be credible to attract patronage from operators of microfinance banks (MFBs).

Minister of Transport Alh. Ibrahim Isa Bio, has said that the problem of shortage of funds hindering involvement of local operators in maritime sector of the nation’s economy will soon be addressed with the establish-ment of the expected regional Maritime Development Bank for Maritime Organizations of West and Central African States (MOWCA) to be sited in Nigeria.