The Nigerian Stock Exchange has announced its readiness to review the composition of its five-sector indices in the equities market. The indices are NSE Banking, NSE Consumer Goods, NSE Oil & Gas, NSE Industrial and NSE Insurance. A statement by the Exchange on Tuesday noted that the composition of the […]
Uncategorized
Oil prices stay steady before 2-day US Fed meeting
The price of U.S. benchmark oil rose slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting. Benchmark oil for July delivery rose 5 cents to $97.82 per barrel at midday Bangkok time in electronic trading on the New […]
Champion Breweries to raise fresh funds
Champion Breweries Plc has announced plans to increase its capital base by raising fresh funds. The firm said it was part of its restructuring programme aimed at ensuring that the ailing company was put back on the path of profitability. A statement by the company on Monday said that the […]
