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Monday, June 24, 2019

Stock Market Loses N565bn As Investors Await FEC’s Inauguration

Stock Market Loses N565bn As Investors Await FEC's Inauguration The Nigerian equities market has continued to plunge as investors stayed away despite attractive valuation of...

Ships Carrying Petrol, Others Expected To Arrive Lagos Ports Next Week

Ships Carrying Petrol, Others Expected To Arrive Lagos Ports Next Week   The Nigerian Ports Authority (NPA) has disclosed that a total of 19 ships laden...

NEPC Kickstarts Certification Training For Manufacturers, Exporters

NEPC Kickstarts Certification Training For Manufacturers, Exporters   The Nigerian Export Promotion Council has commenced training on international certification for members of the Organised Private Sector...

Russia, Africa Trade to double by 2023

Russia, Africa Trade to double by 2023 Some experts have predicted that the trade turnover between Russia and Africa would double within the next...
cbn

In One Year, CBN Forex Intervention Hits $42.3bn

In One Year, CBN Forex Intervention Hits $42.3bn Between April 2018 and March this year, the Central Bank of Nigeria injected over $42.3bn into the...

NCDMB Purchases Equity In 12,000bpd Modular Refinery

NCDMB Purchases Equity In 12,000bpd Modular Refinery The Nigerian Content Development and Monitoring Board says it has acquired equity in the 12,000 barrels per day...

US surpasses Nigeria In Crude Oil Exports, Reduces Imports

US surpasses Nigeria In Crude Oil Exports, Reduces Imports In just three years after lifting its 40-year ban on crude oil exports, the United States...

Apapa Gridlock: 3,000 Containers Attract N600m Retention Fees

Apapa Gridlock: 3,000 Containers Attract N600m Retention Fees An estimated 3,000 container-laden trucks which enter the ports in Lagos every day held in endless gridlock...

Lafarge To Auction South Africa subsidiary For $316.3m

Lafarge To Auction South Africa subsidiary For $316.3m …redeems N26.4bn bond Lafarge Africa Plc has announced the proposed sale of 100 per cent of the issued...

NNPC Set To Resume Oil Exploration In Chad Basin

NNPC Set To Resume Oil Exploration In Chad Basin The Nigerian National Petroleum Corporation on Wednesday said it would resume oil search in the Chad...

CBN Faults Business Day Report On Bank’s Finances

CBN Faults Business Day Report On Bank’s Finances   The attention of the Central Bank of Nigeria (CBN) has been drawn to the lead story in...
barrel

Nigeria Loses About 10m Litres Petrol Daily To Smuggling

Nigeria Loses About 10m Litres Petrol Daily To Smuggling   Smugglers of Premium Motor Spirit, popularly called petrol, are stealing about 10 million litres of the...

Nigeria Records Stable Oil Production Level Of 2.3mbpd

Nigeria Records Stable Oil Production Level Of 2.3mbpd   The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru yesterday stated that...

Nigerian Equities Rated Cheapest In Africa

Nigerian Equities Rated Cheapest In Africa   Long term investors now have very good opportunity to invest in the Nigerian equities market and reap significant capital...

OPEC To Meet Early July After Several Postponements

OPEC To Meet Early July After Several Postponements Major oil-producing countries meet in Vienna on July 1 and 2, the OPEC website and a delegate...

NCAA Commences Demolition Of 8,805 Masts Over Air Safety

NCAA Commences Demolition Of 8,805 Masts Over Air Safety The Nigerian Civil Aviation Authority says it will commence the demolition of telecommunication masts in different...
Dr-Maikanti-Baru-NNPC

NNPC, Investors Negotiate $7bn FDIs In Uk

NNPC, Investors Negotiate $7bn FDIs In Uk The Nigerian National Petroleum Corporation has said a team from the corporation is currently in London negotiating deals...

Dangote Cement To Establish Export Facilities In Lagos, P’Harcourt

Dangote Cement To Establish Export Facilities In Lagos, P'Harcourt Dangote Cement Plc has said it will open export facilities in Lagos and Port Harcourt this...
cbn

CBN Disburses N607bn Agriculture Credit For 587 Projects

CBN Disburses N607bn Agriculture Credit For 587 Projects The Central Bank of Nigeria has released a total of N607.87bn credit to selected Deposit Money Banks...

FG Screens 250 Firms’ Bids For Gas Flare Points

FG Screens 250 Firms' Bids For Gas Flare Points   The Federal Government has begun the evaluation of statements of qualification submitted by about 250 firms...