Business
2019 Budget: How Nigeria will realise 2.3 million daily oil target — Officials
Two ministers express optimism that the target will be met.
Nigeria to establish national micro-finance bank
“The bank will serve as an efficient channel for the disbursement and monitoring of key intervention funds by the CBN.”
![Finance minister, Zainab Ahmed. [PHOTO CREDIT: Daily Trust]](https://i1.wp.com/media.premiumtimesng.com/wp-content/files/2018/10/Zainab-Ahmed.jpg?fit=300%2C176&ssl=1)
$1. billion ‘Green lmperative’ loan will create jobs, guarantee food security- Finance Minister
The scheme is one of the government’s diversification initiatives aimed at boosting economic development, the minister says.
NSE crucial market indices sustain growth by 0.40 per cent
The market capitalisation inched N45 billion to close at N11.404 trillion compared with N11.359 trillion on Wednesday.
Oil prices slip as U.S. crude output nears 12 million bpd
International Brent crude oil futures LCOc1 were down 37 cents, or 0.6 per cent, at $60.95 per barrel.
Sub-Saharan Africa’s growth to accelerate despite tighter global conditions – Poll
The poll suggests Nigeria will grow 2.5 per cent this year.
Nigeria earns $640.35 million from Crude export – NNPC
The figure is higher than the $527.70 million logged in September 2018.
Price of cooking gas decreased in December 2018 — NBS
The price of diesel, however, increased to N221.56 in December 2018 from to N219.54 recorded in November 2018.
Nigeria inflation rises to 11.44%
The increase is 0.16 percent points higher than the rate recorded in November 2018.
Nigerian govt to track petrol consumption
The project will address the diversion of petroleum products and provide fuel consumption data.
Pipeline vandalism up by 42.9% in October — NNPC
NNPC says it realised about $640.35million from the export of crude oil and gas for October, 2018.
Nigeria targets sub-100 ranking in Ease of Doing Business
Nigeria is ranked 146 among 190 economies in the Ease of Doing Business.
We may shut down power plants – Generating Companies
Average generation rose slightly to 4,162.47MW from 4,093.76MW.
Naira losses marginally against dollar at parallel market
The Nigerian currency lost N1 to exchange at N361 to the dollar at the parallel market in Lagos.
Flood: CBN approves ‘compensation’ for 550,000 rice farmers
Only selected farmers would benefit from the ‘compensation’.
Merger: CBN, SEC grant approval ‘in principle’ to Access, Diamond Banks
Bank officials speak on the merger plans.
NSE All-Share Index up by 0.45 per cent despite technical obstructions
The market capitalisation increased by N50 billion, closing at N11.174 trillion compared with N11.124 trillion posted on Friday.
11 companies indicate interest to run Ajaokuta steel
The federal government says it is not prepared to hand over the company now.
Nigeria targets 80% adult financial inclusion by 2020
About 36.6 million Nigerian adults do not have access to formal financial services.
Nigeria warns airlines against unauthorised charter operations
The license of culpable operators could be seized.
How technology can boost Nigeria’s untapped cassava wealth
Automated systems can enhance not only the local production of cassava, but the crop’s potential foreign earnings.
Naira reverses loss, sells at N360.5 to dollar
The naira gained 50 kobo at the parallel market.
NSE: All-Share Index sustains growth by 1.06 per cent
The market capitalisation rose by N117 billion to close at N11.124 trillion compared with N11.007 trillion recorded on Thursday.
![FILE: A Cooking gas business [Photo credit: Business Daily]](https://i1.wp.com/media.premiumtimesng.com/wp-content/files/2017/02/Cooking-gas.jpg?fit=220%2C111&ssl=1)
NNPC moves to reduce price of cooking gas
The corporation says it is ready to implement an effective commercial framework.
Naira loses marginally against dollar at parallel market
The Nigerian currency traded at 50 Kobo, weaker than N360.5 traded on Wednesday.