...IMF: Additional exchange rate depreciation could further worsen already high NPLs
...Rising exports slash trade deficit balance to N104bn
The import substitution policies being driven by the Central Bank of Nigeria (CBN) and the federal government appear to be yielding results,...
...As Baru Bags PETAN Distinguished Leadership Award
The Nigerian National Petroleum Corporation has reiterated its commitment to comply with the nation’s local content laws so as to further strengthen in-country value addition in the oil and gas industry.
Group Managing Director...
Trading on the floor of the Nigerian Stock Exchange closed on a positive note on Thursday as oil and gas stocks led gains in the market, which appreciated by N2bn.
Mobil Oil Nigeria Plc, Forte Oil Plc and Oando Plc...
The naira is seen weakening further against the United States dollar next week amid a crackdown in the parallel market currency traders and the persistent scarcity of the greenback.
Reuters reported that foreign exchange demand by small businesses was set...
Telecommunications operators have kicked against the suspension of the new data tariff floor recently approved by the Nigerian Telecommunications Commission (NCC), which would have increased charges for data services offered by the firms had NCC allowed its take off...
In continuation of its drive for the growth and development of the maritime industry, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has inaugurated an inter-agency committee on local content development.
Dr. Dakuku...
