Category: Business

Ex-NNPC GMD Maikanti Baru is dead

Former group managing director of the Nigerian National Petroleum Corporation Maikanti Baru is dead. Baru died of an undisclosed ailment on Friday night. He was aged 60. Mele Kyari, who succeeded Baru at NNPC, announced the death on Saturday morning.…
NSE market capitalisation drops further by N656bn

Panic sell off continued on the Nigerian Stock Exchange (NSE) on Tuesday with the market capitalisation shedding N656 billion in what an expert attributed to fear of naira devaluation. Specifically, the market capitalisation which opened at N13.365 trillion lost N656…