Saturday 30 June 2018

NIGERIA CUSTOMS, OTHERS PREPARE GUIDELINES TO STOP UNPROCESSED MINERALS EXPORT

The Ministry of Mines and Steel Development has said that it has finalised guidelines on solid mineral export to ensure that unprocessed solid minerals are not taken out of Nigeria.

YAM EXPORT PROGRAMME COMMITTEE PLANS TO ESTABLISH QUALITY ASSURANCE AND QUALITY CONTROL LAB TO GALVANIZE YAM EXPORT

The Chairman, Technical Committee on Yam Export Programme, a private initiative, Professor Simon Irtwang, has said the Committee would establish Quality Assurance and Quality Control Laboratory for yam at the University of Agriculture, Makurdi. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

PROCESSED CASHEW NUT EXPORT: NIGERIA PLANS TO RAKE IN $1.7BN

The Federal Government is planning to get more cashew nuts processing machines nationwide that will enable the country double her export earnings from $800 million to $1.7 billion yearly. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

ONLY IMBECILES WILL SUPPORT EKWEREMADU’S FIFTH TERM AMBITION, SAYS CHIEF OAU ONYEMA

Professor Ike Ekweremadu, Deputy President of the Senate
Erstwhile Deputy President-General of Ohanaeze Ndigbo, Chief OAU Onyema, in this interview, speaks on why he wants to dislodge the Deputy Senate President, Professor Ike Ekweremadu. According to the Akpaagu Ikenga, it will take only imbeciles to support the senator’s fifth term ambition. Sit back and enjoy it.

Friday 29 June 2018

ONYE AMBUSH

Who is this Onye Ambush?

TECTONO CONGRATULATES THE GMD/CEO OF NEM INSURANCE PLC, TOPE SMART

Tope Smart, GMD/CEO, NEM Insurance Plc
We felicitate with the
Group Managing Director/Chief Executive Officer of
NEM INSURANCE PLC,
Tope Smart,
As he moves up the ladder to become the
Chairman of
NIGERIAN INSURANCE ASSOCIATION (NIA)

TIME FOR A NEW CHOICE: A LESSON FROM 2015 HOUSE OF REPRESENTATIVES ELECTION FOR IGBO-EZE NORTH/UDENU FEDERAL CONSTITUENCY.

Prince Dr. Emeka Mamah
By Bulus Nnamdi Ndu
It takes a historian of Andrew Marr's bent to remind us that amid so much bold assertions, it is worth saying that history amount to the fragments that survive from vaster buried events. Moreover, to the extent that history allows, the gains in looking back is that, looking back make us better at looking about us.

DAILY FINANCIAL REPORT 3

NSE Statistics
28-Jun-18
29-Jun-18
1-Day Change %
YTD Change(%)
NSE All- Share Index
37,733.44
38,278.55
1.44
0.09
Market Capitalization  (N'Trillion)
13.669
13.866
1.44
1.89
Total Volume Traded (N'Million)
414.928
469.342
13.11
N/A
Total Value Traded   (N'Billion)
4.451
5.815
30.64
N/A
Number of Deals
3,354
3,355
0.03
N/A
Number of Traded Stocks
109
115
5.50
N/A
Number of Advanced Stocks
16
30
87.50
N/A
Number of Declined Stocks
20
18
(10.00)
N/A
Number of Unchanged Stocks
73
67
(8.22)
N/A









Thursday 28 June 2018

UDI SON REJECTS EKWEREMADU’S FIFTH TERM AMBITION, GIVES REASONS FOR SUPPORTING CHIEF SIR OAU ONYEMA (AKPAAGU IKENGA)

Professor Ike Ekweremadu
An illustrious son of Udi, Kester Uzoma Udeh, has rejected Professor Ike Ekweremadu’s fifth term ambition in the Upper Chambers of the National Assembly. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html According to him, political power is not meant for just one person and Ekweremadu must give way for an Udi son to go to the senate. In the write-up he entitled, Candid view of a son of Enugu West Senatorial District,” he gave a lot of reasons for recommending Chief Sir OAU Onyema (Akpaagu Ikenga) to succeed Professor Ike Ekeremadu. Below is his write-up:

RELENTLESS ROUT FOR EMERGING MARKET CURRENCIES EXTENDS

fxtm
While the speed of selling has slowed down compared to the early part of the week, emerging market currencies have continued to show weakness in the early hours of Thursday morning. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

MICHAEL JACKSON’S FATHER, JOE JACKSON, KICKS THE BUCKET AT 89

Joe Jackson
The father of pop stars, Michael and Janet Jackson, Joe Jackson, has died of cancer, according to information from his family. He died at 89. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

DAILY FINANCIAL REPORT 4

NSE Statistics
27-Jun-18
28-Jun-18
1-Day Change %
YTD Change(%)
NSE All- Share Index
37,963.93
37,733.44
(0.61)
(1.33)
Market Capitalization  (N'Trillion)
13.752
13.669
(0.61)
0.44
Total Volume Traded (N'Million)
372.240
414.928
11.47
N/A
Total Value Traded   (N'Billion)
3.180
4.451
39.99
N/A
Number of Deals
3,800
3,354
(11.74)
N/A
Number of Traded Stocks
111
109
(1.80)
N/A
Number of Advanced Stocks
12
16
33.33
N/A
Number of Declined Stocks
35
20
(42.86)
N/A
Number of Unchanged Stocks
64
73
14.06
N/A









DIEZANI ALISON-MADUEKE LOSES N325.4M LEKKI LAND TO EFCC

Diezani Alison-Madueke
The Federal High Court in Lagos on Wednesday ordered the seizure of a parcel of land in the Lekki area of Lagos linked to a  former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

BABALAKIN EXPOSES HOW JONATHAN OBSTRUCTED LAGOS-IBADAN EXPRESSWAY PROJECT

Dr. Goodluck Jonathan
A Senior Advocate of Nigeria (SAN) and Chairman of Bi-Courtney Construction Company, Dr. Wale Babalakin, has made it clear that the interference of the Goodluck Jonathan administration in the Lagos-Ibadan Expressway project was responsible for the delay in its completion. 

Wednesday 27 June 2018

CHIPPO SHERIFF & MERGERS LIMITED

2nd Floor, 6, Ashogbon Street, Idumota, Lagos, Nigeria
+2348096937372, +2348033234721, +2348039449592

ELIMINATING IMPEDIMENTS TO NIGERIA’S NON-OIL EXPORT CAPACITY

agro-export
Exports thrive on a tripod of development, promotion and capacity building. Despite the potential in the non-oil export segment, lack of price competitiveness due to poor capacity, high cost of infrastructure and logistics, continues to limit growth in the sector. 

KAY-ESS INSURANCE BROKERS LIMITED METAMORPHOSES TO NASSIF INSURANCE BROKERS LIMITED

This is to inform the general public that
KAY-ESS INSURANCE BROKERS LIMITED
Has changed its name to
NASSIF INSURANCE BROKERS LIMITED
With due approval from the shareholders.
The Company’s Registration Number remains: RC415602

AFRICA-CHINA ECONOMIC FORUM AND EXHIBITION

THEME
SUSTAINING COOPERATION ON ECONOMIC STRUCTURAL TRANSFORMATION FOR 2030 AGENDA

SPIGLE NIGERIA LIMITED

Suite 5, 17, Oremeji Street, Computer Village, Ikeja, Lagos, Nigeria
+2348037214833, +2348038228755

DAILY FINANCIAL RPORT 6

NSE Statistics
26-Jun-18
27-Jun-18
1-Day Change %
YTD Change(%)
NSE All- Share Index
37,988.54
37,963.93
(0.06)
(0.73)
Market Capitalization  (N'Trillion)
13.761
13.752
(0.06)
1.05
Total Volume Traded (N'Million)
539.665
372.240
(31.02)
N/A
Total Value Traded   (N'Billion)
4.711
3.180
(32.51)
N/A
Number of Deals
4,202
3,800
(9.57)
N/A
Number of Traded Stocks
118
111
(5.93)
N/A
Number of Advanced Stocks
22
12
(45.45)
N/A
Number of Declined Stocks
23
35
52.17
N/A
Number of Unchanged Stocks
73
64
(12.33)
N/A









Tuesday 26 June 2018

COLLEGE OF SUPPLY CHAIN MANAGEMENT

57, Isheri Road, By County Hospital Bus Stop, Aguda, Ogba, Lagos, Nigeria
+2349090472881, +2348119814666, cimsmembership@yahoo.com

YUAN WEAKNESS ACCELERATES AS TRADE WAR RETALIATION CONCERNS SUPPORT JAPANESE YEN

Concerns over the possibility of an upcoming trade war are expected to remain front and centre of investor focus once again today. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

JOY N. ONYEKWULUJE & CO

Suite S5F (Backwing), Busymart Plaza, 44, Ebitu Ukiwe Street, Jabi, Abuja, Nigeria
+2348059446575

SB LOGISTICS NIGERIA LIMITED

14, Iju Road, Church Bus Stop, Opposite LG Showroom, Agege Pen Cinema, Lagos, Nigeria
+2347010019257, +2347035197724

EXCESS OF N49M CONTRACT SCAM: BUHARI SACKS NABTEB BOARD AND RECALLS SUSPENDED REGISTRAR, PROF. IFEOMA ABANIHE

President Muhammadu Buhari
President Muhammadu Buhari has dissolved the Governing Board of the National Business and Technical Examinations Board (NABTEB) over N49m contracts allegedly unaccounted for and reinstated the suspended Registrar, Professor Ifeoma Abanihe.

TULSI CHANRAI FOUNDATION

Adams House, 27, Mississippi Street, Maitama, Abuja FCT, Nigeria

AMCON PLANS TO SELL OFF SHARES IN AERO CONTRACTORS

The Asset Management Corporation of Nigeria (AMCON) is set to divest its interest in Aero Contractors, the Chief Executive Officer of the airline, Capt. Ado Sanusi, has confirmed. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

WSTC FINANCIAL SERVICES LIMITED

2, Maitama Sule Street, Falomo, South-West, Ikoyi, Lagos, Nigeria
+23414618490, +23414619989,

DAILY FINANCIAL REPORT 7

NSE Statistics
25-Jun-18
26-Jun-18
1-Day Change %
YTD Change(%)
NSE All- Share Index
37,992.12
37,988.54
(0.01)
(0.67)
Market Capitalization  (N'Trillion)
13.763
13.761
(0.01)
1.12
Total Volume Traded (N'Million)
207.407
539.665
160.20
N/A
Total Value Traded   (N'Billion)
3.424
4.711
37.58
N/A
Number of Deals
3,822
4,202
9.94
N/A
Number of Traded Stocks
117
118
0.85
N/A
Number of Advanced Stocks
21
22
4.76
N/A
Number of Declined Stocks
21
23
9.52
N/A
Number of Unchanged Stocks
75
73
(2.67)
N/A










Monday 25 June 2018

LIRA JUMPS HIGHER ON ERDOGAN VICTORY – BUT WILL THE MOMENTUM LAST?

All eyes are on the Turkish Lira this morning with the currency rallying sharply in early trade today, following the news that Turkish President, Recep Tayyip Erdogan, has won the weekend election in Turkey. http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html