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Archives - March 2017

29
Mar

DAILY BUSINESS NEWS BRIEF – CBN sells forex to BDCs at N360/$

  FG ’ll Go After Entrepreneurs, Others Over Tax Evasion – Adeosun ‘Nigeria To Save N1.52trn Annually By Reducing Importation Of Software’ States’ external debts hit $3.5b Oil prices rise above $51 W’Bank board meets on Nigeria’s $150m mining loan request Irish musician acquires Nigerian firm for $80m CBN Declares Tomorrow Financial Literacy Day ‘Insurance …

27
Mar

UBA FY’2016 PERFORMANCE SNAPSHOTS – PBT up by 32.45%y/y; declares N0.55 final dividend

United Bank for Africa Plc (UBA)  released its 12 months (FY) audited results for the period ended December 31st, 2016, this morning, being 27th of March, 2017. From the result gathered, Gross Earnings grew by 21.85% y/y to N383.65 billion, so was Operating Expenses by 11.61% y/y. Profit Before Tax and Profit After Tax, both …

27
Mar

DAILY BUSINESS NEWS BRIEF – 2016 budget: Capital releases to MDAs hit N1tn

  External debt servicing gulps $1.62bn in five years FG saved 5m dollars from importation of rice, says Ogbeh FG releases N1trn capital vote, highest in history NCAA slams N9.5m fine on foreign carrier Nigeria Tops India’s Africa Export with $9.949bn Oando Gas & Power plans to raise $1b for projects Shell Loses Bid to …

24
Mar

TRANCHE 2 of FGN SAVINGS BOND – APRIL 3RD – 7TH, 2017

  FGN Savings Bond Subscription form Please be informed that the details of the Tranche 1 of the just concluded FGN Bonds are as stated below : 13.01% FGNSB MAR 2019 Offer Period March 13 – 17, 2017 Settlement Date March 22, 2017 Coupon 13.01% Tenor 2 Years Total Amount Allotted N2.068 Billion Total Number …

24
Mar

DAILY BUSINESS NEWS BRIEF – Zenith Bank Shelves Plan to Raise N100bn

Forex: CBN injects fresh $100m for corporate customers First cargo of fertilizer arrives from Morocco – NNPC Oil Prices Recover Marginally as OPEC, Non-members Meet Sunday FMDQ settles $354m as forex futures contract matures Road repairs: FG’ll reimburse states through bonds, says Fashola MAN faults CBN, seeks interest rate reduction FG to revive suspended EEG …

23
Mar

DAILY BUSINESS NEWS BRIEF – External reserves drop for first time since December

Fitch: Banks’ problems’ll persist Dollar Drops Below N400/$ for First Time in Seven Months FG approves N2bn for Rural Electrification Fund N’Assembly approves $500m Eurobond for FG ‘$100m cabotage fund still with CBN’ Electricity generation rises to 4,303MW FEC okays N102.08billion, $1.79b for roads, rail, other projects Fed Govt to halt export of unprocessed minerals …

22
Mar

DAILY BUSINESS NEWS BRIEF- FG unveils accounting software for financial discipline

Nigeria ranked 152 out of 188 in development index — UN Senate summons Emefiele over intervention fund Recession: FG tasks Nigerians to embrace alternatives FG issues license for new commercial helicopter services Auto duty: Customs rolls out code for clearance verification Cadbury Nigeria reports N562.9m loss ISPS Code: 31 Nigerian Ports, Jetties Unsafe – NIMASA …

17
Mar

PRICE LIST OF EQUITIES – NSE ASI closed trading week in green…

  The Equities market ended trading week on a positive sentiment as the  NSE ASI appreciated by +0.92% to close at 25,653.16bps, while  market capitalization closed at N8.88 trillion. Also, market breadth remained strong as 17 gainers led by BETAGLAS (+4.98%) over 14 losers led by GUINNESS (-4.99%)   was recorded on the chart today. …

16
Mar

PRICE LIST OF EQUITIES – A bullish trend continues…

The Equities market maintained a bullish trend in today’s trading session as the  NSE benchmark appreciated by 0.47% to close at 25,418.08bps, while  market capitalization closed at N8.80 trillion at the end of trading.  Contributory to this lift, is the banking sector ( GUARANTY, ZENITHBANK & UBA amongst others) index, which recorded 1.78% gain. Also, …

16
Mar

DAILY BUSINESS NEWS BRIEF – FG cuts fertilizer price by half

Dealers to continue with duty verifications as customs suspends exercise Banks increase lending rates in Q1 – CBN Reduce benchmark interest rate, NECA tells CBN Guinness Nigeria offers 5 for 11 shares in N39.7b rights issue N377bn Indebtedness: CBN, NCC, 13 Banks Meet with Etisalat Today Nigeria’s oil production declines, active rigs rise Adeosun resolves …

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fake richard mille
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The latest and best quality materials in today's watch field are used in conjunction with precious metals to make it surrounded by a luxurious and noble aura when it is born. The detailed processing of each screw and each plane is a manifestation of its high quality. It perfectly combines the unconventional skull design with the tourbillon technology that Richard Mille is famous for. It gives people visual enjoyment and brings us thinking about the ultimate problem of life, which is evocative. endless. Coupled with a movement that has applied many advanced technologies to show the beauty of machinery in front of people, its performance is beyond doubt!