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Nigeria Market News

Corporate and Economic Calendar



The Nation
  • NECA cautions on minimum wage review: Nigeria Employers’ Consultative Association (NECA) has urged stakeholders in the socio-labour community and players in the Nigerian Industrial Relations’ System to be circumspect in their pursuit of increased minimum wage.

  • Unilever to divest its spread, posts 60% PAT growth: UNILEVER Nigeria Plc has disclosed its intention to divest its spread (bread spread) business, even as it releases its first quarter results ended March 31, 2017, which indicated strong top-line and bottom-line positions.


  • Condemnation trail Arik’s N387b debt estimate: A groundswell of condemnation has trailed alleged mismanagement Arik Airline following additional revelations by the Assets Management Corporation of Nigeria (AMCON) that the former managers systematically plunged the airline into N387 billion debt.
This Day
  • Customs Rakes in N14.3bn in Three Months: Despite the downturn in the economy, the Nigeria Customs Service (NCS), Murtala Mohammed Airport Command, Ikeja, Lagos, has announced revenue of N14.399 billion in the first quarter (Q1) of 2017, compared with N11.1 billion earned in the corresponding period of 2016.


Global Stock News