Shola Shittu

CBN injects $210m into Forex Market

The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various segments of the market. Figures obtained from the Bank on Monday, January 15, 2018, indicate that...

How equities jumped by N1.8tr in first two weeks of 2018

The Nigeria capital market attained new highs within the first two weeks of the year as the market capitalization increased by about N1.76 trillion within the period. The All Share-Index for the first time attained N43,041.54 last week Thursday with...

PFAs invest 70% of pension assets in FG securities

Pension Fund Administrators (PFAs) have invested N6.28 trillion out of the N7.41 trillion pension assets in Federal Government’s securities, as at the end of November 2017. National Pension Commission (PenCom) disclosed this on its website saying the figure represents 70.67...

Output Cut: Price of brent crude oil rises to $70

The price of brent crude oil rose to 70 dollars a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in US and Canadian drilling activity that points to higher future...

Indonesian Stock Exchange collapses

A floor at Indonesia’s stock exchange collapsed into the building’s lobby, on Monday, injuring an unknown number of people, according to media reports. “We are still investigating the cause, but for now our priorities are the casualties,” Jakarta police spokesman...

DPR seals 6 stations, enforces N145 per litre in Anambra

The Department of Petroleum Resources (DPR) has seal off 6 fuel stations in Anambra for allegedly hoarding and selling petrol above the official pump price of N145 per litre. The affected filling stations were located in Awka, the capital city,...
spot_img

latest articles