Total Market Capitalization of Nigerian Stock Exchange Increases by 3.26% March 2012

According to the NSE report, the total market capitalization of the 259 listed securities appreciated by 3.26 per cent or N377.83 billion in March 2012 to N11.95 trillion from N11.54 trillion recorded in February 2012. The 199 listed equities accounted for N6.55 trillion, up by 3.34 per cent from the[...]

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[PRESS RELEASE] Airtel Strengthens Network with New Green Data Centre

Lagos, May 9, 2012: To enhance network and billing services to its customers, leading telecommunications services provider Airtel Nigeria Wednesday commissioned a new state of the art data centre in Lagos. The “next generation Data Centre”, according to Airtel Networks Limited Chairman Dr. Oba Otudeko, CFR, “is the biggest Data[...]

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US Oil Producer ConocoPhillips Seeks to Sell Off $1 Billion Worth Nigerian Assets

ConocoPhillips (COP), the largest U.S. independent oil and natural-gas producer, is seeking a buyer for its Nigerian properties in a sale that may fetch $1 billion. This much was revealed by John McLemore, a ConocoPhillips spokesman who confirmed the assets were on the block in an e-mail today, following a[...]

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