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  • Page 24

Category: Markets

Get the latest Nigeria Investment news headlines from Codewit! News.

Markets

Young Shall Grow Showcases Zhongtong Luxury Buses At Lagos Trade Fair

Codewit Correspondent Codewit CorrespondentNovember 16, 2013
Young Shall Grow Motors Limited said it is partnering with a Chinese bus manufacturing company, Zhongtong Bus Holding Co. Ltd, to introduce and market Zhongtong range of luxury buses in...
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Markets

KLM Airline Offers Passengers more Viewing Time on Board

Codewit Correspondent Codewit CorrespondentNovember 16, 2013
KLM Royal Dutch Airlines now offers passengers a chance to enjoy its wide range of inflight entertainment from the moment they take their seat until the moment they disembark.  ...
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Markets

Lagos To Commence Classification of Hotels

Codewit Correspondent Codewit CorrespondentNovember 16, 2013
The Lagos State Government has concluded plans to commence the classification and grading of hotels operating in the state.   Commissioner for Tourism and Inter- Governmental Relations, Mr Disun Holloway...
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Markets

ECB: Banks to Repay 3.6 billion Euros of Crisis Loans

Codewit Correspondent Codewit CorrespondentNovember 16, 2013
(Reuters)   Banks will next week return 3.59 billion euros ($4.8 billion) of crisis loans early to the European Central Bank, the ECB said on Friday, a lower than expected...
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Markets

Barclays Europe Retail Aims for 500 million Pounds Profit after Revamp

Codewit Correspondent Codewit CorrespondentNovember 16, 2013
(Reuters)   Barclays (BARC.L) retail operations in Italy, Spain, France and Portugal will return to profit in two years and could deliver 500 million pounds ($805 million) of annual earnings...
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Markets

Excess Crude Account Drawn Down to $3.5bn

Codewit Correspondent Codewit CorrespondentNovember 15, 2013
The Federation Account Allocation Committee (FAAC) Thursday withdrew $1 billion from the Excess Crude Account (ECA) to augment the revenue for October, leaving the ECA at about $3.598 billion.  ...
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Markets

Oil Traders Accused of Fraud to Sue Swiss NGO

Codewit Correspondent Codewit CorrespondentNovember 15, 2013
Local and international oil traders, indicted in a recent report by a Swiss-based Non- Government Organisation (NGO), the Berne Declaration, have commenced moves to institute legal proceedings against the organisation,...
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Markets

Sanusi Hails CFA Society’s Contributions to Financial System

Codewit Correspondent Codewit CorrespondentNovember 13, 2013
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has hailed the CFA Society of Nigeria for its role of producing professionals who have contributed to...
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Markets

Forte Oil Shares Soar by 1,395% to N115.64

Codewit Correspondent Codewit CorrespondentNovember 13, 2013
The share price of Forte Oil Plc (formerly African Petroleum Plc) outperformed all other stocks in the market, recording an unprecedented growth of 1,395 per cent between January and yesterday....
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Markets

Financial Inclusion: Diamond Bank, Others to Manage DfID’s $7.1m

Codewit Correspondent Codewit CorrespondentNovember 13, 2013
The United Kingdom's Department for International Development (DfID) has appointed Diamond Bank Plc, NBS Bank of Malawi, and National Microfinance Bank (NMB) in Tanzania, to manage $7.1 million (N1.1 billion)...
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