Stocks Rebound As Capitalisation Rises By N3bn   Following renewed bargain hunting in the shares of some blue-chip companies, the Nigerian equities’ market reversed losses to close in an upbeat yesterday, causing market capitalisation to appreciate by N3 billion. In summary, the all-share index (ASI) grew by...

CBN Clarifies N3bn Agric Loan Controversy In Bayelsa       The Central Bank of Nigeria says it has disbursed over N2.2bn out of the N3bn agricultural loan to farmers in Bayelsa State under its Accelerated Agricultural Development Scheme, contrary to allegations that officials of the state government...

N3bn Needed To Resuscitate Ajaokuta Steel Rolling Mill - Senate       The Senate at the weekend revealed that the total sum of N3 billion would be required to resuscitate the Ajaokuta steel rolling mill which has been under construction since 1980. The Chairman of the Senate Committee...

Domestic Airlines Lose N3bn Daily Over Lagos Curfew         Domestic airlines are said to be losing about N3 billion daily to the curfew in Lagos as they have been forced to reduce flights by over 70 per cent in Lagos. The curfew is fast spreading to other...

Stock: Investors Gain N3bn As market Rises Further     Nigerian equity market sustained its positive outlook on Monday as the Nigerian Stock Exchange All-Share Index rose further by 0.02 per cent. Market watchers attributed the development to sustained investor confidence as bargain hunters leveraged under-valued stocks. However, the...

C/River Has Over N3bn In Reserve Fund, Says Commissioner     Cross River State Commissioner for Finance, Asuquo Ekpenyong Jr, has disclosed that the state now has over N3 billion in reserve fund that could be withdrawn from to meet urgent investment obligations if the need arises. The...