After two days of decline, the Nigerian Stock Exchange rebounded slightly today, with market capitalization closing at N7.183 trillion and the All Share Index also looking upwards, ending at 22,524. Yesterday market capitalization was N7.15 trillion and on Monday it was N7.192 trillion, in contrast with the market position last Friday, when all looked so [...]
Lagos State Governor Mr Babatunde Fashola (SAN) in company of the Nigerian minister of State for Agriculture, Mallam Bukar Tijani on Tuesday handed over the 20,000 metric tonnes Imota Rice Processing factory, with the Governor charging youths to roll up their sleeves to work on the farms being created by the Government. Governor Fashola who [...]
Some traders in Lagos have expressed worry over low sales just two days ahead of the Easter festivities. They told the News Agency of Nigeria (NAN) in Lagos that the low sales were due to lack of funds and high inflation in the country. Mrs. Toyin Awoniyi, a foodstuff seller at Marina, said that the [...]
The price of cement has recorded about 12.8 percent increase in major towns in Delta since the beginning of the year. An investigation by the News Agency of Nigeria (NAN) revealed that the price of the product has risen from N1, 950 which it was sold for in December, 2011, to N2, 300 in Asaba, [...]
The prices of chickens in Lagos markets have started soaring as Christmas celebration approaches, the News Agency of Nigeria (NAN) reports. A cross section of traders in the Iyana-Oba Market in Ojo Local Government Area, who spoke with a NAN correspondent on Thursday, attributed the price rise to the increased demand for poultry. Mrs. Maureen [...]
Venus, a premium cosmetic brand from the stable of PZ Cussons, has introduced two new skin care products into the Nigerian market as well as a distinctive marketing programme to support it. The introduction of new Venus SkinQuench Light Moisturizing range and new Venus PerfectTone Gentle Toning range is based on the outcome of scientific [...]
The Nigerian Customs Service, Federal Operation Unit Zone A, Ikeja, intercepted a boat loaded with 400 bags of rice on water at the Badagry axis at about 2 a.m. on Tuesday. According to the controller in charge of the command, Victor David Dimka, the goods are worth about N4 million duty paid value. The smugglers [...]
