Aliko Dangote: Why I Dumped Trading for Manufacturing

Posted by - September 9, 2021

The President of the Dangote Group, Mr. Aliko Dangote, explains why he jettisoned the easy way of making money from buying and selling of commodities to venture into the much challenging business environment of manufacturing Nigeria. He also speaks on what the African Continental Free Trade Area (AfCFTA) agreement means to the group in a

The Nigerian Stock Exchange Launches Mutual Funds Trading Platform

Posted by - March 6, 2019

The Nigerian Stock Exchange in conjunction with Fund Managers Association of Nigeria (FMAN); Association of Stockbroking Houses of Nigeria (ASHON) and The Central Securities Clearing System (CSCS) Plc has launched the NSE Mutual Fund Trading and Distribution Platform on February 22, 2019 at the NSE in Lagos. The Mutual Fund trading platform will bring together

Germany’s 2nd Largest Stock Exchange Boerse Stuttgart Launches Crypto Trading App

Posted by - February 7, 2019

Germany’s second largest stock exchange, Boerse Stuttgart Group, has officially launched its crypto-trading app Bison, according to an official announcement lately. According to the app’s webpage, the software was developed by FinTech Sowa Labs — a subsidiary of Boerse Stuttgart Digital Ventures. The developers’ reported aim in making the app is to ease access to

NNPC Posts N2.06bn Trading Surplus in November 2018

Posted by - February 6, 2019

The Nigerian National Petroleum Corporation (NNPC) has stated that it recorded a trading surplus of N2.06 billion in November 2018, which represents an improvement of 116 per cent over the N12.66 billion deficit recorded previous month. The month-on-month performance increase was primarily attributable to improved efficiency of the Nigerian Petroleum Development Company’s (NPDC) operations. The

NNPC Records N250b Trading Surplus

Posted by - April 17, 2018

The Group Executive Director, Finance and Account of the Nigerian National Petroleum Corporation (NNPC), Mr Isiaka Abdulrazak said the corporation recorded a trading surplus of N250 billion in 2016. Abdulrazak said this in a quarterly publication of the NNPC, a copy of which was obtained by the News Agency of Nigeria (NAN) on Tuesday in