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Thursday, December 5, 2019

Forex: FG Decries Importation Of Metal Products

Forex: FG Decries Importation Of Metal Products   The Federal Government has expressed concern over the importation of metal products. The Permanent Secretary, Ministry of Mines and...

NSE Records Losses Due To Banking Stocks Sell-off

NSE Records Losses Due To Banking Stocks Sell-off   Transactions on the Nigerian Stock Exchange (NSE) on Wednesday maintained a negative outlook for the third consecutive...

OPEC’s Failure To Deepen Cuts May Drive Oil To $40 – Report

OPEC's Failure To Deepen Cuts May Drive Oil To $40 - Report   New outlook by international observers has shown that a substantial build of global...

Nigeria, UAE Trade Volume Hits $1.5bn, Says Ambassador

Nigeria, UAE Trade Volume Hits $1.5bn, Says Ambassador   The Ambassador of the United Arab Emirates (UAE), Dr Fahad Al Taffaq, has put the volume of...

FG Okays UNIDO’s $60m Country Plan For Industrialisation

FG Okays UNIDO’s $60m Country Plan For Industrialisation   The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo has welcomed the United Nations Industrial Development...

Air Peace Pledges Improved Flight Services After Bagging Airline Award

Air Peace Pledges Improved Flight Services After Bagging Airline Award   Air Peace has dedicated the Best Airline Award it won at the Nigeria Tourism Awards...

Apapa, Tin-Can Congested As Cargo Load Triples Above Capacity

Apapa, Tin-Can Congested As Cargo Load Triples Above Capacity   The Executive Secretary of Nigeria Shippers Council, Hassan Bello, has decried the overstretching of facilities at...

CBN Launches Programmes To Tackle N1.3trn Food Imports

CBN Launches Programmes To Tackle N1.3trn Food Imports   The Central Bank of Nigeria says it is currently implementing various intervention programmes that will catalyse funding...

Nigeria Has 47 Days Petrol Sufficiency, PPPRA Assures

Nigeria Has 47 Days Petrol Sufficiency, PPPRA Assures   The Petroleum Products Pricing Regulatory Agency has declared that Nigeria currently has about 47 days sufficiency of...

Broadband Penetration Now At 37.8% With 1.2m New Subscribers

Broadband Penetration Now At 37.8% With 1.2m New Subscribers   Nigeria’s broadband penetration leaped by 2.47 percent between September and October with new 4.71 million subscribers,...

Fintech Companies Got $400m Investment In 2019 – Emefiele

Fintech Companies Got $400m Investment In 2019 – Emefiele   About $400m has been invested in fintech firms in the country in 2019, according to the...

Nigeria, Russia Sign Pact On Fertiliser Production

Nigeria, Russia Sign Pact On Fertiliser Production   The Federal Government on Monday entered into an agreement with a Russian firm, Uralchem, on fertiliser production in...

NNPC Justifies Oil Search In New Frontiers

NNPC Justifies Oil Search In New Frontiers   Group Managing Director, Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said that exploration in the frontier basins...

Dangote Rolls Out Support Plan For Multi – Billion Naira Kano Skills Acquisition Centre

Dangote Rolls Out Support Plan For Multi – Billion Naira Kano Skills Acquisition Centre   Africa `s foremost entrepreneur and philanthropist, Aliko Dangote, says his company-Dangote...

FAAN, FCI Sign Pact To Develop Aviation Expo Centre

FAAN, FCI Sign Pact To Develop Aviation Expo Centre   The Federal Airports Authority of Nigeria (FAAN) and the FCI International Limited have signed an agreement...

NCDMB Urges Oil Coys To Prepare For Full Automation Of Rigs

NCDMB Urges Oil Coys To Prepare For Full Automation Of Rigs   The Nigerian Content Development and Monitoring Board (NCDMB) has advised firms in the oil...

SOAN Seek FG’s Support On Vessel Acquisition

SOAN Seek FG’s Support On Vessel Acquisition   The Ship Owners Association of Nigeria (SOAN) has called on the federal government to assist its members in...

Nigeria Achieves, Exceeds Target On Crude Production Cut

Nigeria Achieves, Exceeds Target On Crude Production Cut   Nigeria has consistently met and exceeded its crude oil production cut target which it voluntarily entered into...

Equities Market Investors Gained N203bn In November

Equities Market Investors Gained N203bn In November   Investors in the equities market saw gains worth N203bn in November. The market capitalisation of equities increased from N12.830tn...

Dangote Oil Refinery Announces Key Equipment Arrival

Dangote Oil Refinery Announces Key Equipment Arrival   Dangote Petroleum Refinery and Petrochemicals Company on Sunday announced the arrival of the key equipment that would process...