Blackberry to stop production of phones

Blackberry has left the business of making handsets 14 years after releasing its first product. A statement released by the company confirmed the development. Blackberry’s manufacture of hardware, henceforth, will be outsourced to other companies. The decision stemmed from the…

Total Group appoints Afolabi as board member

Mr. Abiodun Afolabi has been appointed to the Board of Directors of Total E&P Nigeria Limited (TEPNG) and Total Upstream Nigeria Limited (TUPNI), with effect from Wednesday, 21 September, 2016. Afolabi’s appointment according to a statement by the company is in pursuant to…

FG to raise N340bn in bonds, equities

The Federal Government plans to raise between N250 billion and N340 billion in local currency-denominated bonds in the fourth quarter, The debt office said it would auction between N90 -1 20 billion worth of bonds maturing in 2021, N70-100 billion…

Bears return at NS

Equity transactions on the Nigerian Stock Exchange (NSE) on Tuesday reversed to negative trend after appreciating for two consecutive days with market indicators depreciating by 0.05 per cent. The News Agency of Nigeria (NAN) reports that the market capitalisation depreciated…