Analysis and Data
Digital money, bitcoin, crosses $15,000 threshold
Bitcoin is a cryptocurrency and controversial worldwide digital payment system.
African airlines to make small loses in 2019 – IATA
“While traffic is growing, passengers load factors for African airlines are just over 70 per cent.”
NASS passes MTEF, raises oil benchmark to $47 per barrel
The lawmakers increased the oil benchmark beyond the executive’s proposal.
ANALYSIS: Renewable energy, NNPC and Nigeria’s oily future
While Nigeria intensifies search for oil, the developed world is preparing for a future without crude.
Experts speak on CBN’s retention of interest rate
The MPC retained the interest rate at 14 per cent.
Eight Nigerian banks downgraded in new Moody’s report
Moody’s also downgraded the rating of Nigeria’s Bank of Industry.
Nigeria to increase mobile broadband subscriptions to 50% by 2020
The official links the well-being of Nigerians to effective ICT structure.
NSE in September: Investors transact deals worth N64.79 billion
Dangote Sugar was the toast of investors in the consumer goods with a total of 43.57 million shares worth N589.55 million.
What experts say about Buhari’s new appointments for CBN deputy governor, MPC members
”Some of the appointments appear to be based on politics.”
Nigeria moves up, now 125th among world’s competitive economies – Report
This is the first time the country’s ranking has gone up since 2012.
Naira sells at N364/$ as MPC holds rate
The Pound Sterling and the Euro traded at N492 and N436.
Nigerian govt. expects $80bn as direct private investment for infrastructure from 2014-2018
Government is also expected to leverage on up to 25 billion dollars through infrastructure Public Private Partnerships (PPPs) during the same period.
Nigeria’s foreign trade increases by 7.7 per cent – NBS
Report showed total trade about 37.3 percent higher than the in the second quarter of 2016.
Winners emerge in NNPC nationwide quiz competition
Many past winners ended up studying Science and Technology related courses in universities.
Over $300 billion losses in oil investments in three years – Kachikwu
“For the first time in the oil sector, the decline in the oil price resulted into loss of jobs.
Poor infrastructure costs Nigeria N2.03 trn yearly– ICRC
Nigeria’s 2016 nominal GDP is N101.59 trillion and two per cent of that figure is N2.03 trillion.
World Bank to evaluate Nigerian states on Ease of Doing Business
The World Bank Global Ease of Doing Business Ranking evaluates 190 countries.
NCC debunks membership of Etisalat’s new board
Etisalat Nigeria had on July 4 confirmed the constitution of a new board and appointment of new management.
Nigeria equity market maintains positive trend
The banking stocks were the toast of investors with Access Bank emerging the most traded.
Nigeria’s active telecoms subscribers reduced to 149 million in April — NCC
Active telecommunications service customers declined by 3,217,688 in April, as against 152,467,198 in March.
NSE index hits 33,000 mark
Market capitalisation inched N117 billion or 1.03 per cent to close at N11.503 trillion.
Nigerian equities market at 11-month highest
Nestle, Dangote Cement, Conoil and Nigerian Breweries were the top gainers.
ANALYSIS: Nigeria, others hopeful as OPEC meets to extend oil output deal
The oil output deal led to a marginal increase in oil prices.
Nigeria foreign investment inflow declines 41 per cent; lowest in ten years
Lagos accounted for 95.32 per cent of capital imported into Nigeria in first quarter 2017.