25

May

Julius Berger Wins Most Reliable Engineering Construction Company Award

Foremost construction engineering company in the country, Julius Berger Nigeria Plc has won the 2022 award of ‘The Most Reliable Engineering Construction Company’, even as the organisers, Transport Day Newspaper lauded the company for its consistency in the discharge of its CSR obligations to the country. At the 9th Nigerian Annual Transport Lecture and Awards organized by the Transport Day Newspaper, a […]

25

May

Market extends decline by 1.82%, sheds N518bn

The Nigerian Stock Market on Tuesday declined further as the All Share Index dropped by 1.82% to close at 51,949.64 points from the previous close of 52.911.51 points on Monday. Market Capitalisation was down by 1.82% to close at N28.007 trillion against Monday’s close of N28.525 trillion, shedding N518 billion. The aggregate volume and value of traded[…]

25

May

CBN increases monetary policy rate to 13%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has increased the Monetary Policy rate to 13% after over two years of expansionary monetary policy. This was disclosed by the Governor of the CBN, Godwin Emefiele, while reading the communique of the third MPC meeting of the year, on Tuesday 24th May 2022. The rate[…]