Home / 2019 / March / 12

Daily Archives: March 12, 2019

NEITI: Unearned Income from PSCs May Fund Mambilla Plant, Others

NEITI: Unearned Income from PSCs May Fund Mambilla Plant, Others

The Nigeria Extractive Industries Transparency Initiative (NEITI) has said revenue Nigeria did not earn from its failure to review terms in the Production Sharing Contracts (PSCs) it signed with the oil companies in the country may have funded its construction ...

Read More »

Raising Power Transmission Capacity

Raising Power Transmission Capacity

Documents obtained from the Transmission Company of Nigeria showed that the government-owned power company has within the last two years raised its transmission capacity by about 2,352.5 megawatts. Chineme Okafor, writes the implications of this feat to Nigeria’s power sector ...

Read More »

Currency dealers pledge support for CBN’s stability agenda

Currency dealers pledge support for CBN’s stability agenda

Currency dealers in the country have pledged their support to the financial stability agenda of the Central Bank of Nigeria (CBN), a development that signals call for continuity, as the government received fresh mandate few days ago. Under the aegis ...

Read More »

NSE, Meristem partner on indices focused on value investment strategies

NSE, Meristem partner on indices focused on value investment strategies

The Nigerian Stock Exchange (NSE), and Meristem Securities Limited, have announced the launch of two new style indices namely NSE-Meristem Growth Index and NSE-Meristem Value Index. These indices, which is expected to be available real-time on the NSE’s website from ...

Read More »

Index sheds 0.9% amid persistent bearish sentiments

Index sheds 0.9% amid persistent bearish sentiments

Despite improved corporate performance, the bears strengthened their hold on the equity sector of the Nigerian Stock Exchange (NSE) yesterday, as the All-share index (ASI), plunged further by 0.9 per cent. Specifically at the close of transactions, ASI depreciated by ...

Read More »