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e86 Limited, a Nigerian software development firm and an awardee of the Tony Elumelu Entrepreneurship Programme (TEEP), has expressed commitment to making learning fun, affordable and more readily accessible through its flagship product, Panacea e-library. In a statement released by the its management team, e86 Limited laments that apart from dearth of facilities, outdated curriculums and lack of instructional materials …

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Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa. In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in sales volume showed a growing capture of Pan-African market as Dangote Cement continues to …

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Dutch brewing giant Heineken on Monday reported a 48.6 percent leap in first half profits, with beer sales boosted by warm weather in Europe and its new zero alcohol brand. Profits were up to 871 million euros ($1.02 billion) in the first half of 2017 compared to 586 million euros over the same period in 2016, the company said in …

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Oil prices hit a two-month high on Monday lifted by a tightening US crude market and the threat of sanctions against OPEC-member Venezuela. Brent crude futures were 52.90 dollars per barrel earlier in the day, their highest since May 25. It will be recall that proceed from oil sales forms over 80per cent of Nigeria’s revenue generation. U.S. West Texas …

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Dangote Cement, Africa’s largest cement producer, has announced its unaudited results for the six months ended 30th June 2017, posting a 12.6 percent increase in sales volume across Africa.   In the financials released on the floor of the Nigerian Stock Exchange indicated that the increase in sales volume showed a growing capture of Pan-African market as Dangote Cement continues …

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The sixteen days rally that the key market indicators of the Nigerian Stock Exchange (NSE) had been enjoying came to a halt on Friday July 28, 2017, as a result of losses that was recorded in medium and large capitalized stocks like Dangote Cement Plc, Cadbury Nigeria Plc FBN Holding Plc among others. At the close of business, the All …

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Photo Caption: From Left: Chief Kola Jamodu, Chairman, Nigerian Breweries Plc; Mr. Samuel Yemi Akeju, F.IoD, President & Chairman of Council, Institute of Directors (IoD) Nigeria; His Excellency, Arakunrin Oluwarotimi Akeredolu, SAN, Executive Governor, Ondo State; Oscar Onyema, Chief Executive Officer, The Nigerian Stock Exchange (NSE) and Ms. Bennedikter Molokwu, Past President IoD & Chairman, IoD Fellows’ Committee at the …

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The month of July will go as one of the best in 2017 based on the level of appreciation the key market indicators have witnessed on the floor of Nigerian Stock Exchange (NSE) so far. Specifically, at the close of business on Wednesday, the gaining points continued with 3.40 percent increase, while the year to date returns stood at 36.71 …

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The Nigerian Stock Exchange (NSE) for the very first time since the Goodluck Jonathan administration, crossed the N12 trillion market capitalisation mark. This occured on Tuesday after the Central Bank of Nigeria monetary policy committee voted to hold key interest rates at 14 percent for 12 months consecutively. The MPC also decided to hold cash reserve ratio (CRR) and liquidity …

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The Central Bank of Nigeria (CBN) has warned that Nigeria’s fragile growth risks falling back into recession. Addressing reporters at the end of the bi-monthly Monetary Policy Committee Meeting in Abuja yesterday, CBN Governor Godwin Emefiele said “forecasts of key macroeconomic indicators point to a fragile economic recovery in the second quarter of the year”. ”The Committee  cautioned that this recovery could relapse in a more protracted recession if strong and bold monetary …

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