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Archives - April 2016

25
Apr

BUSINESS NEWS BRIEF – Monday, April 25th, 2016

PUNCH PH, Warri refineries now producing petrol – Kachikwu The Minister of State for Petroleum Resources and Group Managing Director, Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has announced that the Port Harcourt Refining Company and the Warri Refining and Petrochemical Company are now producing a combined volume of seven million litres of petrol daily.[Read More…] …

6
Apr

BUSINESS NEWS BRIEF – Wednesday, April 6th, 2016

THE GUARDIAN Fuel queues end by weekend, says Kachikwu “Hopefully by tomorrow (today) and Thursday, the fuel queues in Abuja should be over. Hopefully, the same thing will happen in Lagos, and thereafter by the weekend, we should see Kano, Katsina, Sokoto, Port Harcourt and Warri get off the queue list.”[Read More…] THE NATION $40m inflows …

6
Apr

PRICELIST OF EQUITIES – Tuesday, April 5th, 2016

  The Equities market traded in today’s session on mixed sentiments, although, the NSE benchmark index recorded a gain of +0.42% on late rally to close at 25,454.75 basis points. Market breadth remained negative as 18 losers led by PORTPAINT (-5.00%) over 16 gainers led by ETRANZACT (+5.00%) was recorded on the chart today. Volume …

6
Apr

BUSINESS NEWS BRIEF – Tuesday, April 5th, 2016

  VANGUARD Detailed copy of 2016 budget ready today —Reps Baring any last minutes change, a detailed clean copy of the 2016 budget will be ready today for onward transmission to the President for assent.[Read More…] FG allocates N14.69bn for group life in 2016 budget The Federal Government has voted N14.69 billion for group life for …

5
Apr

PRICELIST OF EQUITIES – Monday, April 4th, 2016

  The Equities market started trading week on bearish sentiments as investors partake actively in profit takings due to the dividend mark-down of some stocks. This led the NSE benchmark index to shed -0.62% to close at 25,349.07 basis points.  Market breadth remained negative as 25 losers led by ASHAKACEM (-9.74%) over 15 gainers led …

4
Apr

BUSINESS NEWS BRIEF – Monday, March 4th, 2016

THISDAY Forte Oil to Raise N100bn Capital for Expansion Forte Oil Plc is to raise N100 billion fresh capital  to expand its operations within Nigeria.  Consequently, the directors of the company are seeking the approval of shareholders at the forthcoming annual general meeting  to raise the funds. According to the company,  the N100 billion could …

1
Apr

BUSINESS NEWS BRIEF – Friday, April 1st, 2016

  THE GUARDIAN Petrol may sell for N88 per litre from today Amid the lingering fuel crisis in the country, there were indications yesterday from the Petroleum Products Pricing Regulatory Agency (PPPRA) that the product may be sold for N88 per litre at the Nigerian National Petroleum Corporation (NNPC) stations and N88.50 in other stations …

fake richard mille
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