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Category: Capital Market News

Africa’s Working Population To Grow By 450m In 20 Years -Report

Wednesday, 16 August 2017 by magna
The working-age population in Africa is projected to grow by about 70 per cent or 450 million over a period of 20 years, spanning 2015 to 2035, said the Africa Competitiveness Report 2017. According to the report, Africa, to date, which has Nigeria as one of the most populated, is inhabited by 1.246 billion people. The population
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How NNPC Can Be Profitable – Baru

Wednesday, 16 August 2017 by magna
The ongoing reforms of the Nigerian National Petroleum Corporation (NNPC), will place the Corporation on a long- term growth trajectory for the benefit of all stakeholders, its Group Managing Director, Dr. Maikanti Baru, has said. Baru, while receiving a delegation from the NNPC Retired Staff Association led by its President, Chief George Owarieta, in Abuja, yesterday,
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Madrid to appeal Ronaldo red card – Zidane

Tuesday, 15 August 2017 by magna
Coach Zinedine Zidane said Real Madrid will appeal Cristiano Ronaldo’s second yellow card for diving in the Spanish Super Cup first leg at Barcelona. The Portuguese star player had showed the best and worst side of his game in Real’s 3-1 win at Nou Camp. Ronaldo spent 24 minutes on the pitch after not starting
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Russia 2018: Mikel returns for Cameroon

Tuesday, 15 August 2017 by magna
By Chidera Akalonu Ahead of next month’s crucial World Cup qualifiers against Cameroon Super Eagles captain John Obi Mikel has returned to action for the first time in four months as he started for Tianjin Teda in a Chinese Super League clash against Hebei. The midfielder  who has been out with an abdominal injury, which
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Start Organic Food Store Today And Reap Bountifully

Tuesday, 15 August 2017 by magna
An organic food store is a store where organic food items are sold. Organic food items are crops or livestock produced using natural nutrients such as compost, crop residues, natural manure or feeds. They are those food crops and animals grown and nurtured without the use of chemical based fertilizers, pesticides or feeds. Natural methods
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Seven Up Still Struggling With Costs, Thinning Margins

Tuesday, 15 August 2017 by magna
Seven Up Bottling Company is still suffering from the stranglehold of rising costs as bottom line in the first quarter continued a southward journey. The company stock price responded with a southward trip after stumbling from what looked like a new lease of life. The company first quarter results ended June, 2017 show a company
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Profit Takers Return, As Equities Market Sheds 0.65%

Tuesday, 15 August 2017 by magna
Lagos – The positive momentum that had characterised trading on the floor of The Nigerian Stock Exchange (NSE) was halted when profit takers returned at the close of trading yesterday. The value of traded equities on the exchange depreciated by N85.3 billion when investors traded a total of 316.122 million shares valued at N4.224 billion. The
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Lagos Closes Nigeria’s Second Largest Bond Issuance Programme

Tuesday, 15 August 2017 by magna
Lagos – The Lagos State Government has announced the closure of the N85, 140,000,000 Series 2 Bond Issuance geared towards improving the physical and social infrastructure in the state. The N85.14 billion Series II issuance was the largest bond issuance in Nigerian capital markets in the last four years and the second largest issuance ever.
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Cheating rumours: Amir Khan’s wife exonerates Joshua

Sunday, 13 August 2017 by magna
After a statement from Faryal Makhdoom, Amir Khan’s wife, following reports of her cheating with Anthony Joshua, it looks as if the situation has been resolved. Last week, Twitter went crazy in regards to cheating accusations presented by boxing champion Amir Khan about his wife Faryal Makhdoom and fellow boxing champion, Anthony Joshua. It was
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EPL: Bad day for Chelsea as Burnley shock champions

Sunday, 13 August 2017 by magna
Burnley on Saturday shocked nine-man Chelsea 3-2 in their opening game of the 2017/2018 English Premier League (EPL) season at Stamford Bridge. The News Agency of Nigeria (NAN) reports that it was a terrible start to the season for the reigning champions as Skipper Gary Cahill was shown a straight red card after a very
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