Business

Nigeria’s manufacturing upgrade tops China’s economic pact —Consul General

By Nkiruka Nnorom & Marvellous Chukwunenye  The planned upgrade of Nigeria’s manufacturing sector is at the heart of a new economic partnership between Nigeria and China, the outgoing Consul General of China in Lagos, Ms Yan Yuqing, has said. Yuqing disclosed this at a reception marking the 77th anniversary of the founding of the People’s […]
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Nigeria’s reforms driving strong domestic capital mobilisation — NGX Group CEO

By Peter Egwuatu The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX) Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic capital formation and positioning the country for deeper global investment partnerships. Popoola made this known while speaking at the Nigeria–United Kingdom Investment Roundtable organised by the Nigerian Investment Promotion […]

Profit taking halts stock market uptrend as capitalisation, index decline

By Peter Egwuatu   Profit taking by investors characterised the Nigeria stock market last week,  leading to the decline in the major performance indicators. Specifically, the Nigerian Exchange Limited, NGX market capitalisation, which represents the value of equities listed on the Exchange, dropped to N128.969 trillion last week from N129.125 trillion the previous week. Similarly, another […]

Photos: Edun, IMF meet in Abuja

Wale Edun, today received Dr. Quattara Wautabouna, Executive Director for the IMF Africa Group III (ECOWAS) Constituency

MWUN faults Navy, Marine Police over attacks on vessels at ports

By Cynthia Alo  The President General of the Maritime Workers Union of Nigeria (MWUN), Comrade Francis Bunu, has accused security agencies operating in the Lagos ports of dereliction of duty following a rise in attacks on vessels while at berth. Bunu specifically blamed the security agencies for failing to adequately secure port waters and waterfronts, […]

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