Tag: Nigeria Business Now

Bears dominate on NGX as equities lose N518bn

Bears dominate on NGX as equities lose N518bn Bearish Investors dominated Friday’s trading session as The Nigerian Exchange (NGX) closed in negative territory. The All-Share Index (ASI) traded 1.39% lower to close at 67,324.59 index points as against 68,271.14 index points recorded in the previous day’s trading session. Likewise, the[Read More…]

Govt moves to audit aviation fuel supply, facilities

Govt moves to audit aviation fuel supply, facilities Following recent incident of contamination of aviation fuel, the Nigerian Civil Aviation Authority said it has identified four non-licensed suppliers of aviation fuel across the country. The Authority while stating that the suppliers penetrated the airports without due process said its collaboration[Read More…]

CBN postpones MPC meeting, keeps mum on new date

CBN postpones MPC meeting, keeps mum on new date   The Central Bank of Nigeria has postponed the Monetary Policy Committee’s 293rd meeting, which was scheduled for September 25 and 26, 2023. A statement by the bank’s Director of Corporate Communications, Dr Isa AbdulMumin, said on Thursday. The statement read,[Read More…]