Tuesday, January 22, 2019
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Naira stable at 359 per dollar in parallel market

The Naira, yesterday, was stable at 359 naira per dollar in the parallel market.   However, it depreciated by 22 kobo in the Investors and Exporters...

Nigeria’s continued import of refined products unacceptable — NUPENG

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has told President Muhammadu Buhari, that the Union is no longer at ease with the...

Stanbic, Nestle, others boost NSE Index up by 3.9%

The Nigerian Stock Exchange, NSE performed positively at the close of trade on Monday as the All Share Index (ASI) rose 3.9 percent to...

Naira up to N364.57/$ in I&E window

The Naira, yesterday, appreciated to N364.57 per dollar in the Investors and Exporters (I&E) window due to a 21 percent rise in the volume...

Experts disagree on $60/b benchmark for budget 2019

Economic experts have disagreed over the decision of the federal government to retain $60 per barrel as its crude oil price benchmark for budget...

FG records N2.3tn shortfall from revenue-earning agencies

Between January 2015 and August 2018, the Federal Government recorded a total shortfall of N2.38tn in independent revenue from its agencies captured under the...

Banks to jerk up lending rate for corporates in Q1’19

Banks will increase lending rates for corporate organisations in the first quarter (Q1’19) of next year even as the industry recorded increased loan default...

Equities market opens lower as sell pressures persist

The nation’s equities market opened the week on a bearish note as sell pressures in different sectors dominated the market. The market capitalisation of equities...

SNEPCo’s Bonga hits 800 million barrels in 13 years

Shell Nigeria Exploration and Production Company (SNEPCo) yesterday, said its deep-water exploration, the Bonga vessel in the past 13 years has produced over 800...
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