Wednesday, November 17, 2021
E-Naira

IMF To CBN: eNaira May Reduce Deposits In Commercial Banks

IMF To CBN: eNaira May Reduce Deposits In Commercial Banks   The International Monetary Fund has said the eNaira wallet may function as a deposit at...
The World Bank

Reps Probe Alleged Fraud Of W/Bank Funds For Assets Insurance

Reps Probe Alleged Fraud Of W/Bank Funds For Assets Insurance   The House of Representatives has urged the Federal Ministry of Finance, Budget and National Planning,...
Naira Against Dollar

Naira Gains, Records N25 At Black Market

Naira Gains, Records N25 At Black Market   Naira has launched a sustained recovery at the parallel market, gaining N25 since it fell to its lowest...
Fuel Scarcity

Fuel Scarcity Looms As NUPENG Threatens Nationwide Strike

Fuel Scarcity Looms As NUPENG Threatens Nationwide Strike   Nigeria may experience fuel scarcity in coming days following the threat issued on Monday by the Nigeria...
Naira Against Dollar

Four Banks Borrow $6.21bn From Foreign Market Amid Dollar Shortage

Four Banks Borrow $6.21bn From Foreign Market Amid Dollar Shortage     In a bid to support their balance sheets with foreign exchange, four banks in the...
Nigerian Stock Exchange

Large-cap Stocks Drag Market Lower, investors lose N11.83bn

Large-cap Stocks Drag Market Lower, investors lose N11.83bn   The Nigerian equities market started the week on a negative note as declines in some large-cap stocks...
Crude Oil

ExxonMobil, Chevron, Others To Pay NNPC N156bn For Crude Exports

ExxonMobil, Chevron, Others To Pay NNPC N156bn For Crude Exports   Nine multinational oil companies including Chevron and ExxonMobil will pay the Nigerian National Petroleum Company...
Nigerian Stock Exchange

Nigerian Equities Lead Global Stocks With N646bn Gain

Nigerian Equities Lead Global Stocks With N646bn Gain   Nigerian equities emerged at the weekend atop the global returns table for the world’s stock markets as...
Nigerian Banks

In One Year, Nigerian Banks Lend Private Sector N4.1trn

In One Year, Nigerian Banks Lend Private Sector N4.1trn   The Nigerian banking sector’s credit to the private sector rose by N4.1tn or 13.8 per cent...

Buhari Leaves France, Proceeds to South Africa for Intra-African Trade Fair

President Muhammadu Buhari has left Paris for Durban, South Africa, to attend the Official Opening Ceremony of the 2nd Intra-African Trade Fair (IATF) 2021...
President Muhammadu Buhari

Why Gas Remains Top Priority For Nigeria – Buhari

Why Gas Remains Top Priority For Nigeria – Buhari     President Muhammadu Buhari has said investment in gas remains a top priority for the country because...
Oil Rig

Nigeria’s Rig Count Drops As OPEC Lowers 2021 Oil Demand Outlook

Nigeria’s Rig Count Drops As OPEC Lowers 2021 Oil Demand Outlook     Confirming reports of low production and inability of the country to meet its crude...
Zainab Shamsuna Ahmed, Finance Minister

Fed Govt Planning To Replace Fuel Subsidy With Transport Palliative – Minister

Fed Govt Planning To Replace Fuel Subsidy With Transport Palliative – Minister   The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has described...
NEITI

NEITI To Digitalise Oil, Gas Audit By December

NEITI To Digitalise Oil, Gas Audit By December   The Nigeria Extractive Industries Transparency Initiative (NEITI) is set to digitalise and automate its audit data collection...
Nigerian Stock Exchange

Stock Investors Take Profits As Market Sheds N51bn

Stock Investors Take Profits As Market Sheds N51bn     The Nigerian equities market fell for the second consecutive day on Thursday, with the total market value...

Transition from Fuel, Focus on Gas Remain our Priority – Buhari

President Muhammadu Buhari has assured investors that investment in gas remains a top priority for the country, considering the huge benefits in terms of...

Nigeria Remains your Best Investment Destination, Buhari Tells French Investors

President Muhammadu Buhari on Wednesday in Paris said the outlook on Nigerian economy remains bright, with sustained investments in infrastructure, particularly ICT, that...
Nigerian Stock Exchange

Investors Lose N12bn As Stock Market Ends Gaining Streak

Investors Lose N12bn As Stock Market Ends Gaining Streak   The equities market of the Nigerian Exchange Limited recorded a decline on Wednesday after three consecutive...
CBN Governor, Godwin Emefiele

Increase In Crude Price To Boost Economy – Emefiele

Increase In Crude Price To Boost Economy – Emefiele   Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the sustained increase in...
House of Representatives

Reps Probe BPE, AMCON Over NACFA Privatisation

Reps Probe BPE, AMCON Over NACFA Privatisation   The House of Representatives’ Committee on Privatisation and Commercialisation has directed the Bureau of Public Enterprise to pay...