Thursday, January 17, 2019 9:57:25 AM- Nigerian Stock Exchange.

  Top Financial News


20 June 2018 ( Lagos ):

Stock market finishes lower as 34 firms lose: The equities market of the Nigerian Stock Exchange finished lower at the close of trading on Tuesday, after a two-day public holiday.(Source:Punch)


NNPC repairs pipeline, power generation increases by 1,304MW: Power generation has risen to 3,876.9 megawatts after the Nigerian National Petroleum Corporation fixed the gas pipeline that was ruptured on Friday.(Source:Punch)

2017 budget: N1.58tn released for capital projects, says FG:  The Federal Government on Tuesday said it had released N1.58tn to its Ministries, Departments and Agencies for the execution of capital projects as contained in the 2017 budget.(Source:Punch)


Govt opens battle to retrieve N138b trapped in 17 banks: Over N138 billion National Insurance Health Scheme (NHIS) cash is trapped in 17 banks, financial companies and individual pockets from January 2011 to date.(Source:The Nation)


NNPC restores gas supply to power plants: Gas supply to generating stations had built up gradually after the Nigeria National Petroleum Corporation (NNPC) restored a ruptured pipeline(Source:The Nation)


Fuel subsidy hits N2.4bn daily: Nigeria may be losing the gains of increases in the international oil prices as the Federal Government subsidy on fuel  has risen to N2.4 billion daily in May, from N774 million in March, 2018(Source:Vanguard)


FIRS outlines strategies to check circumvention of tax rules: The Federal Inland Revenue Service (FIRS) yesterday outlined measures to check circumvention of tax rules by companies practicing Base Erosion and Profit Shifting (BEPS) in Nigeria.(Source:Vanguard)


PenCom lauds pensions reforms, N8 trillion record: The National Pension Commission (PenCom) has commended the series of reforms in the sector, which has raised accumulations from contributors to N8trillion, as well as brighter hopes to retirees.(Source:Guardian)


Maritime stakeholders task government on import, export reforms: The Federal Government has been urged to immediately step up its reforms strategy on import and export processes to help reverse the current poor ranking by Trading Across Borders (TAB).(Source:Guardian)

Sahara Group, Others for OPEC Seminar: One of the leading international energy conglomerates, Sahara Group will join world leaders and other stakeholders to underpin the importance of collaboration in safeguarding the future of the oil sector at the Organisation of Petroleum Exporting Countries (OPEC). (Source:Thisday)


MFBs Intensify Aggressive Deposit Mobilisation: The tight monetary policy environment has seen operators of microfinance banks (MFBs) in the country intensifying efforts to increase deposits as well as bank more customers.(Source:Thisday)

Reporting for EasyKobo on Wednesday, 20 June 2018 in Lagos, Nigeria

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