Business

Pump Price Of Petrol Is On The Increase Again

December 4, 2017 Joshua Samuel 0

The Ore depot branch of the Independent Petroleum Marketers Association of Nigeria, PMAN, has undermined to build the cost of oil from the affirmed cost of N145 to about N160 per liter. The chairman of the branch, Shina Amoo, revealed to Punch that marketers in a few states in the {Read More..}

Business

Today in Wold History (November, 15)

November 15, 2017 Felix 0

On November 15, 1867, exactly 150 years ago today, the Wall Street started ticking, literally, with the brainchild of Edward Calahan, who configured a telegraph machine to print stock quotes on streams of paper tape. It was the day the first stock ticker got unveiled in New York City with tremendous {Read More..}

Business

2018 Budget Proposal: A Breakdown

November 8, 2017 Felix 0

Below is a breakdown of the N 8.612 trillion 2018 budget expenditure proposal presented by President Muhammadu Buhari to the a joint session of the National Assembly yesterday, November 7. Assumptions, projections • Benchmark crude oil price-US$45 per barrel • Oil production estimate – 2.3 million barrels per day • {Read More..}

Business

2018 Budget to be Presented to the Senate on Next Week

November 3, 2017 Felix 0

All is said to have been set for President Muhammadu Buhari to present the 2018 budget proposal to a joint session of the National Assembly on Tuesday, November 7 . The disclosure was made yesterday by the Senate President, Bukola Saraki, while reading a letter from the President officially informing the {Read More..}

Business

Don’t Rely on Foreign Loans, IMF Warns Nigeria

October 12, 2017 Felix 0

Following a fresh request by President Muhammadu Buhari to the National Assembly to approve the APC led government to borrow extra $5.5 billion loan for yet another round of unending infrastructural projects in some parts of the country, the International Monetary Fund (IMF) has, yesterday, October 11, warned that such {Read More..}

Business

Stock market for week ended August 4th, 2017

August 7, 2017 Joshua Samuel 0

 A total turnover of 2.518 billion shares worth N114.117 billion in 23,546 deals was traded this week by investors on the floor of the Exchange in contrast to a total of 2.211 billion shares valued at N30.636 billion that exchanged hands last week in 26,287 deals. The Financial Services Industry {Read More..}