Solid Mineral: FG to Support Miners with Single-Digit Loans The Federal Government, through the Solid Minerals Development, has said it will support the private sector with low-risk, single-digit loans for greenfield exploration in the country. Greenfield exploration refers to uncharted territory where mineral deposits are not...

Naira Devaluation, Others Hiked Fuel Price - Marketers Oil Marketers on Wednesday blamed the recent price increase in Premium Motor Spirit, commonly known as petrol to the naira devaluation and the current rise in crude oil prices. The Chairman of the Major Oil Marketers Association of...

IMF Warns FG on Dollar Rise, Weak Economy The International Monetary Fund has said a 10 per cent appreciation in the dollar, linked to global financial market forces, decreased economic output in emerging market economies including Nigeria by 1.9 per cent. It noted that this decline...

Naira Recovers, Exchanges For N742/$   The naira rebounded yesterday to N742/$ in the Investors and Exporters (I&E) Window- official market. The rate represents N53/$ gain from at N795.2/$ it closed on Monday. The rate at the parallel market was N812/$, which was stronger than N820 it...

Food Price: FG To Sanction Trade Associations Over Hike   The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC) will begin to roll out sanctions against members of trade associations guilty of anti-competitive practices, indiscriminate and irrational hike of food prices. Chief Executive Officer...

Equity Investors Gain N700bn In Two Days   Following price upticks on the Nigerian Exchange Limited (NGX), equity investors have now gained N700bn in two consecutive trading days. At the close of Tuesday’s trade, the benchmark index advanced by 1.31 per cent. Specifically, the data from Monday...