Transcorp Hotels records 26% increase in 2018 turnover
The turnover grew from ₦13.8billion in 2017 to ₦17.4billion.
No plan to sell Lagos International Trade Fair Complex – BPE
The bureau says its plan is to concession the facility through a competitive transaction process.
FIRS arraigns two firms, officials over alleged tax evasion, assault
Hearing in the matter has been scheduled for Thursday, March 21.
Nigeria spends $500 million annually on palm oil importation – CBN
The CBN Governor regrets that the country is still importing palm oil in spite sufficient arable land.
NSE: All-Share Index drops marginally by 0.06 per cent in cautious trading
The market capitalisation which opened at N11.613 trillion shed N6 billion to close at N11.607 trillion, following price loses.
Oil slips on economic slowdown, as OPEC-led cuts still support
Crude markets remain broadly supported by supply cuts led by producer group OPEC and U.S. sanctions against Iran and Venezuela.
AMCON threatens to disengage partners unable to recover over N740bn assets
AMCON’s total eligible bank assets portfolio is put at about N3.7 trillion.
Nigeria has 41 billion barrels of untapped crude – NNPC GMD
Mr Baru said about 319 trillion standard cubic feet of gas is yet to be discovered in Sub-Saharan Africa.
Dollar set for biggest weekly drop in three months
For the week, it is set to weaken 0.7 per cent, its biggest drop since early December.
NSE market capitalisation shed N56 billion, amid blue chip loses
The All-Share Index shed 149.49 points to close at 31,210.79 compared to 31,360.28 achieved on Wednesday.
Chevron, NNPC seal gas supply deal for Dangote fertiliser plant
Under the agreement, NNPC and CNL will supply 70 million standard cubic feet per day of natural gas to Dangote Fertiliser.
Nigeria’s Balance of Payments jumps by $2.80 million — CBN
$4.54 million was recorded in the third quarter of 2018.
Dollar may equal N500 in the next 60 days — Melaye
The Senate on Wednesday opened deliberations on the 2019 budget.
‘Crashed Ethiopian airline may gulp $60m insurance claims’
The global insurance brokerage and risk management firm says it is the insurance broker for Ethiopian Airlines.
Mixed earnings: Stock Exchange indicators maintain negative outlook
The market capitalisation nosedive by N120 billion to close at N11.677 trillion against N11.797 trillion on Monday.
NOVA Merchant Bank Limited declares N1.15bn profit after tax
This is a significant increase from N510.6 million achieved in 2017, marking a 125 per cent increase.