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Tuesday, June 18, 2019

NIRSAL Facilitates N14.5bn Loan From Banks To Agric Sector

NIRSAL Facilitates N14.5bn Loan From Banks To Agric Sector   The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending on Monday said it had secured additional...
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FDI into Nigeria has not Dropped- CBN

FDI into Nigeria has not Dropped- CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to the news item on Reuters...

Dangote Group deploys Freshworks IT across its 19 subsidiaries

Dangote Group deploys Freshworks IT across its 19 subsidiaries The Dangote Group, the largest indigenous industrial conglomerate in Sub Saharan Africa has deployed Freshservice by...

AfDB Confident Nigeria will sign CFTA soon

AfDB Confident Nigeria will sign CFTA soon The African Development Bank (AfDB) has expressed optimism that Nigeria, the largest country on the continent will soon...

National Carrier: Ethiopia Airlines Offers To Partner Nigeria

National Carrier: Ethiopia Airlines Offers To Partner Nigeria   Ethiopian Airlines has expressed its preparedness to partner Nigeria on the federal government’s planned national carrier. The airline...

Investors Incur N169bn Loss As Earnings Season Nears

Investors Incur N169bn Loss As Earnings Season Nears Investors lost N169bn in value at the close of trading on the Nigerian Stock Exchange last week...

Chinese Goods Top Nigeria’s Import List At 26.4%

Chinese Goods Top Nigeria's Import List At 26.4% China led the United States of America in goods imported to Nigeria, accounting for 26.4 per cent...

In 5 Months, Instant Bank Transfers Rise To N41.48trn

In 5 Months, Instant Bank Transfers Rise To N41.48trn The value of transactions via the Nigeria Interbank Settlement System Instant payment system rose to N41.48tn...

CBN Probes Accounts Of Palm Oil Smugglers

CBN Probes Accounts Of Palm Oil Smugglers ...may blacklist smugglers from banking activities ...disburses N30bn to palm oil businesses The Economic Intelligent Department of the Central Bank...

Oil Pipeline Vandalism Affecting Investment – Shell

Oil Pipeline Vandalism Affecting Investment - Shell Citing the danger of continuous sabotage to people and environment, and attendant loss of revenue, Shell Nigeria has...

Nigeria, Others To Receive AfDB’s 3.2m Swiss Francs

Nigeria, Others To Receive AfDB’s 3.2m Swiss Francs Nigeria is among the African countries that will benefit from 3.2 million Swiss francs donated to the...

OPEC Cuts Oil Demand Outlook, Highlights Challenges

OPEC Cuts Oil Demand Outlook, Highlights Challenges   The Organisation of Petroleum Exporting Countries has cut its forecast for global oil demand growth and warned of...
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British Firm Demands Confiscation Of $9bn Nigerian Assets Over Gas Deals

British Firm Demands Confiscation Of $9bn Nigerian Assets Over Gas Deals   A firm incorporated in the British Virgin Islands, Process and Industrial Developments Limited, will...

NNPC Insists On Gas Flare-out Policy

NNPC Insists On Gas Flare-out Policy Eliminating gas flare with a view to bequeathing a pollution-free environment to future generations of Nigerians remains a priority...

Infracos Scramble For Fund As Fibre Deployment Deadline Looms

Infracos Scramble For Fund As Fibre Deployment Deadline Looms Infrastructure Companies licensed by the Nigerian Communications Commission are making moves to raise capital for the...

Stock Market Investors Incur N533bn Loss In Seven Days

Stock Market Investors Incur N533bn Loss In Seven Days Investors in the nation’s stock market lost N533bn in the last seven trading sessions as bearish...

NADDC Shares N11bn To 36 Auto Firms

NADDC Shares N11bn To 36 Auto Firms The National Automotive Design and Development Council on Wednesday said it had so far disbursed the sum of...

N11trn Petrol Subsidy, Illogical

N11trn Petrol Subsidy, Illogical Terminally ill refineries, unsustainable imports, intermittent scarcity and a notoriously opaque accounting system; things might not get better anytime soon for...
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In 5 Years, Nigeria Earns $236bn From Petroleum Exports

In 5 Years, Nigeria Earns $236bn From Petroleum Exports Nigeria, Africa’s top oil producer, earned a total of $236.15bn from petroleum exports over the last...

Agric Scheme: Commercial farmers’ll Repay N267bn Loans – CBN

Agric Scheme: Commercial farmers’ll Repay N267bn Loans - CBN The Central Bank of Nigeria expects commercial agricultural farmers to repay N267.5bn loans under its Commercial...