Nigeria’s equities market retreats, as ASI dips 0.82%

The first trading day of the week at Nigeria’s equities market ended on a negative note with depreciation recorded across all major sectors, dragging the All Share Index (ASI) 0.82 percent down as investors began taking profit. The consumer goods index declined the most, down 2.3 percent following sell pressures in Nestle (-4.1%), Nigerian Breweries […]

Nigeria’s Standard Organisation vows to expose adulterated lubricant dealers

The Standards Organisation of Nigeria (SON) has stated that it would blacklist and publish the names of erring importers and manufacturers of fake and sub-standard lubricants in the country. Osita Aboloma, director general, SON disclosed that the action would also send a strong warning to unscrupulous individuals to desist from the nefarious trade in fake […]

Budget minister tasks accountants on fight against corruption

Udoma Udo Udoma, Nigeria’s minister of Budget and National Planning has called on chartered accountants to support the anti-corruption fight of the federal government by creating systems that promote transparency and make it difficult for diversion of resources. Udoma who made the call in Abuja on Tuesday when the executive of the Institute of Chartered […]