Naira defies liquidity boost, depreciates further against dollar
Licensed BDC operators bought $250 million on Thursday.
Nigerian govt needs N330 billion monthly for salaries, others – Minister
Nigeria’s Finance Minister provided the information on Thursday.
No plan to increase petrol price from N145 per litre, NNPC tells Nigerians
The NNPC says it has 1.3 billion litres, sufficient to serve the nation for more than 38 days.
Bill to mandate govt agencies to patronise Nigerian products gets second reading
Lawmakers argued that the bill would help spur sales for local manufacturers.
Lagos, Ogun top list of revenue earners for first half 2016
Nasarawa State generated the lowest revenue for the period under reference at N1.05 billion.
Global body commends Nigeria for improved transparency in extractive industry
“After a careful review of Nigeria’s efforts … the EITI Board has decided that Nigeria is making meaningful progress…”
Nigeria Central Bank bars banks from virtual currency transactions
“Transactions in VCs are largely untraceable and anonymous.”
Sacked Heritage Bank workers ‘adequately compensated’ – Official
The restructuring came after a review of the bank’s staff strength and industry standards, an official said.
Nigeria wealth agency debuts with $200 million Infrastructure funding facility
InfraCredit was conceived as a sustainable framework for stimulating infrastructure investments.
Cooking Gas: NNPC, Sahara Energy unveil steps to ensure steady supply
The price of cooking gas has gone up in various parts of the country.
RECESSION: Estate agents lament drop in prices of property
Despite the price drop, people are not buying the property, the agents said.
Cooking Gas Price: NLNG discharges 13,000 tonnes to Lagos jetty
The NLNG had refuted claims that the company increased the price of liquefied petroleum gas, LPG, in the market.
SEC pays N30 billion unclaimed dividends – Management
E-dividend payment platform was introduced to address the rising incidence of unclaimed dividends in the Nigerian capital market.
NSE: Mobil leads gainers as equity market records 0.18% growth
Total recorded the highest price loss to lead the loser’ table.
Naira stabilises at N497/$ as hope of recovery imminent
Trading at the interbank market saw the Naira weakened further at N305.25 to a dollar.
Kwara, Bayelsa, Kebbi pay highest price for petrol in December
The report stated that Lagos, Oyo and Akwa Ibom States sold at lowest average price of N144 per litre.
Nigerian govt amends charges in $245 million fraud suit against Total, Chevron
A judge castigated the federal government for its handling of the Chevron suit.
Dangote announces establishment of truck assembly plant in Lagos
The new company can assemble 10,000 trucks annually.
NNPC resumes loading of petroleum products as kerosene scarcity continues
“This queue is terrible, and the cost of refilling gas too is now slightly increased.”
Stop planned closure of Abuja airport, aviation unions tell Buhari
“The whole hoopla about Kaduna being an alternate airport to Abuja is all but a hoax,” the unions said.
MMM: SEC warns Nigerians against investing in Bitcoins, other digital currencies
SEC said investing in Bitcoins could be very risky and is not approved by any Nigerian regulatory agency.