Demand for Nigerian Crude Oil Spikes
Demand for Nigerian Crude Oil Spikes Demand for Nigerian crude oil grades rose sharply in the global market despite trading above the benchmark price. Nigerian differentials edged up on Friday…
We Want Foreign Investors Back in Capital Market – SEC DG
We Want Foreign Investors Back in Capital Market – SEC DG The Director-General, Securities and Exchange Commission(SEC), Mr Lamido Yuguda, says the financial sector wants foreign investors back in the…
Private Sector, not Govt, Engine of Economic Opportunities – ACCI Boss
Private Sector, not Govt, Engine of Economic Opportunities – ACCI Boss The Abuja Chamber of Commerce and Industry (ACCI) says the private sector, not the government, is the engine of…
Delta Approves N15.7bn for Warri, Effurun Flood Control
Delta Approves N15.7bn for Warri, Effurun Flood Control The Delta Government has announced the approval of N15.7 billion for the construction of Phase III flood control measures in Warri, Effurun…
FG Constitutes Committee to Boost Gas Supply to Power Plants
FG Constitutes Committee to Boost Gas Supply to Power Plants The Federal Government has set up an inter-ministerial committee to suggest ways of achieving a sustainable gas supply to gas…
CBN FX Regulation to Weigh on Banks’ Profitability –Moody’s
CBN FX Regulation to Weigh on Banks’ Profitability –Moody’s The Central Bank of Nigeria’s (CBN) new foreign currency regulations will weigh on banks’ profitability in the short term, Moody’s Ratings…
NNPCL to Domicile Revenue with CBN – Official Statement
NNPCL to Domicile Revenue with CBN – Official Statement The Nigerian National Petroleum Company Limited (NNPCL) and the Central Bank of Nigeria (CBN) have agreed to strengthen their relationship toward…
NNPCL Says No Plan to Increase Petrol Price
NNPCL Says No Plan to Increase Petrol Price Contrary to speculation, the Nigerian National Petroleum Company (NNPC) Limited has denied a plan to increase the price of petroleum motor spirit…
Equities Investors Lose N481bn to Market Correction
Equities Investors Lose N481bn to Market Correction The equities investors registered the fourth consecutive selling rally associated with overpriced listed stocks in the Nigerian Exchange (NGX). Since the beginning of…
Tax Dispute: MultiChoice to Pay $37.3m to FIRS
Tax Dispute: MultiChoice to Pay $37.3m to FIRS The owner of DSTV and GOTV, MultiChoice, has agreed to pay about $37.3 million after front-and-back discussions over tax payment disputes in…