Wednesday, September 12, 2018

Tag "Mobil"

    Mobil ordered to reinstate 860 staff illegally disengaged 18 years ago

Mobil ordered to reinstate 860 staff illegally disengaged 18 years ago

The supreme court has ordered the reinstatement of 860 employees sacked in 2000 by Mobil Producing Nigeria Unlimited.In its judgement on Friday, the court also ordered the company to pay the staff all their due emoluments.The workers had been variously employed by Mobil in the 1990s into the company's security unit and were named supernumerary police officers.In 2000, however, Mobil [...]

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    Mobil ‘underpaid’ for renewal of three OMLs

Mobil ‘underpaid’ for renewal of three OMLs

The Human and Environmental Development Agenda (HEDA), a non-governmental organisation, has alleged that Mobil Producing Nigeria underpaid for the renewal of three oil mining leases (OMLs). [...]

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    NSE market capitalisation dips by N92bn

NSE market capitalisation dips by N92bn

For the fifth consecutive day, trading activities on the Nigerian Stock Exchange (NSE) remained on the downward trend, with the market capitalisation losing N92 billion amidst panic sell-off by investors.The market capitalisation, which opened at N10.071 trillion on Friday, lost N92 billion or 0.91 per cent to close at N9.979 trillion.Also, the All-Share Index lost 277.52 points or 0.91 per [...]

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    Stock market report: Market Cap rises by N92bn

Stock market report: Market Cap rises by N92bn

Transactions on the Nigerian Stock Exchange (NSE) on Friday maintained the bullish trend with market capitalisation appreciating further by N92 billion which is, 0.70 per cent to close at N13.831 trillion against N13.060 trillion achieved on Thursday.Similarly, the All-Share Index, which opened at 39,553.00, appreciated by 278.83 points to close the week at 39,831.83.Forte Oil, for the second consecutive day, [...]

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    Seplat returns to gainers’ list

Seplat returns to gainers’ list

Transactions on the trading floor of the Nigerian Stock Exchange (NSE) Friday ended with Seplat adding to its share price after days of losing.This comes with the visit of the President and Chairman, Chartered Institute of Bankers of Nigeria, Dr Segun Aina, and members of council to the trading floor.Figures from the floor show that Market Capitalisation, which opened at [...]

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    Stock market: Seplat gains again

Stock market: Seplat gains again

Reports from the trading floor of the Nigerian Stock Market reveal a 0.23% increase in the All Share Index (ASI), which closed at 38,578.78.At the end of trading activities today, Friday, Market Capitalisation was at N12,700 trillion.A total of 430,096,439 shares valued at N3,960,319,473.46 were traded in 5,383 deals.Nestle led the gainers’ table, adding N32.00 to end the week at N1,072.00.Seplat followed with an appreciation [...]

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Exchange Rates

September 12, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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