Business

The Bank Group’s investment in Africa Finance Corporation (AFC) will enable both institutions to accelerate infrastructure development and delivery on the continent.

U.S. President Donald Trump said on Wednesday that the two countries were close to finalising a trade deal, but he fell short of providing a date or venue for the signing ceremony, disappointing investors.

Oil use in passenger cars is, however, seen peaking in the late 2020s as drivers switch to electric vehicles.

The market capitalisation inched N69 billion to close at N12.878 trillion against N12.809 trillion recorded on Friday.

The bill, which President Muhammadu Buhari presented to the National Assembly on October 14, has already passed the second reading at the Senate.

The federal high court had, on March 7, 2002, directed NNPC to pay BCE 22. 6 million dollars in damages for the illegal cancellation of an agreement.

Most states default either with regular and up-to-date remittance of pension contributions, the establishment of a pension bureau or enactment of pension law.

The commission and the operators met to appraise the level of implementation of the policies.

The trade war between the world’s two biggest economies has slowed economic growth around the world.

Mr Fowler says the liabilities covered the period between 2002 and 2016.

They made their positions known in Asaba at the 25th edition of MSMEs Clinic.

The sale process is part of Total’s plan to sell $5 billion of assets around the world by 2020.

The company said new appointments have been made with effect from October 31 this year.

The loss is equivalent to the current value of Nigeria’s foreign reserves.

In February 2013, Dangote Sugar Refinery, DSR, announced the acquisition of 95 per cent equity stake in Savannah Sugar Company limited, SSC.

Hopes remain for a breakthrough in talks between the United States and China, the world’s two biggest oil consumers.

Nestle posted a loss of N49.90 to close at N1,150, while MTN Nigeria trailed with N1.55 to close at N124 per share.

Mr Ndukwe’s resignation from the Board of the bank was announced on Tuesday.

Global oil demand will reach 105.6 million barrels per day (bpd) by 2025.

The senate committee on Appropriation said the transfer of the money to Nigeria Special Economic Zones Company was in breach of 2017 Appropriation Act.

President Buhari signs the Deep Offshore, Inland Basin PSC Amendment into law

While the anger vented against the mobile network operators may not be totally misplaced, the real ‘beneficiaries’ in the USSD business are the financial institutions.