Nigeria’s External Reserves Drop to Seven-Month Low
Nigeria’s External Reserves Drop to Seven-Month Low The Nigerian foreign exchange reserves have declined to a seven-month low, dropping $1.102 billion in the last two…
Nigeria
Nigerian Stock Exchange Drops N103.98 Billion
Nigerian Stock Exchange Drops N103.98 Billion The Nigerian Stock Exchange reversed the gain recorded earlier in the week, following the second consecutive rise in inflation number…
We Don’t Have $3.5bn Subsidy Fund, Says NNPC
We Don’t Have $3.5bn Subsidy Fund, Says NNPC The Nigerian National Petroleum Corporation on Wednesday denied being in possession of the $3.5bn Subsidy Fund. The…
Lafarge Posts N72bn Revenue
Lafarge Posts N72bn Revenue Lafarge Africa Plc has recorded net sales of N72bn for the third quarter of 2018 and N234bn for the nine-month period…
Customs Set to Commence Auction of Overtime Containers
Customs Set to Commence Auction of Overtime Containers The Nigeria Customs Service has said it will soon commence the auction of overtime containers. The spokesperson…
Chevron Wants Gas Seller, Buyer to Determine Price
Chevron Wants Gas Seller, Buyer to Determine Price The Chairman/Managing Director of Chevron Nigeria Limited, Jeff Ewing, has called on industry stakeholders to support and…
71% of Gas Power Plants’ Capacity Lying Unused – Report
71% of Gas Power Plants’ Capacity Lying Unused – Report Seventeen gas-fired power plants in the country have been struggling to utilise up to 30…
Dangote Refinery: NCDMB to Ensure Local Content Compliance
Dangote Refinery: NCDMB to Ensure Local Content Compliance The Nigerian Content Development and Monitoring Board says it plans to partner the Dangote Petroleum Refinery and…
Senate Wants ATM Card Maintenance Fee Suspended
Senate Wants ATM Card Maintenance Fee Suspended The Senate has condemned Deposit Money Banks over excessive and illegal charges imposed on their customers. While resolving…
FEC Approves Citigroup, Standard Chartered as Joint Managers for $2.86 Billion Eurobond
FEC Approves Citigroup, Standard Chartered as Joint Managers for $2.86 Billion Eurobond The Federal Executive Council (FEC) has approved Citigroup Global Market Limited and Standard…