Analysis and Data

Oil hits $55.33 high in buying rush after OPEC agreement

Brent crude rose to hit 55.33 dollars, its highest since July 2015.

Nigerian Stock Exchange Trading floor [Photo:]

Nigerian stock market appreciates marginally by 0.01 per cent

The market capitalisation, which opened at N8.855 trillion, rose by one billion or 0.01 per cent to close at N8.856 trillion.

Naira appreciates marginally at interbank market

The Naira continued to nosedive at the parallel market, closing at N480 to a dollar.

OPEC 1.2 million barrel oil cut to commence January

The resolution was taken at the 171st meeting of the group held in Vienna, Austria.

Why we proposed, then reversed plans to hike data price – NCC

The NCC said it took the decision to set a minimum pricing template to encourage small operators and new entrants.

ANALYSIS: Niger Delta bomb attacks: The search for motives

Whatever the motive, the Niger Delta will, in the end, turn out to be the major victim for a future compromised.


Manufacturers, Nigerian students abroad, others get $867 million Forex – CBN

Raw materials sector received the highest allotment, getting access to foreign exchange valued at $355.7 million.

Naira gains against dollar at interbank market

The rate remains volatile at the parallel market amid government clampdown.


Nigerian Stock Exchange: All-share Index, Market Capitalisation dip Monday

Mobil Oil topped the losers’ chart with a loss of N4.99 to close at N190.01 per share.

Minister of Finance, Kemi Adeosun

Finance Ministry moves to recover N450 billion unremitted operating surpluses from MDAs

The ministry said preliminary findings by the committee have shown huge under-remittance of over N450 billion between 2010 and 2015.


Nigeria Stock Exchange All-Share Index, market capitalisation drop

Forte Oil led with a loss of N10.18 to close at N94.32 per share.

A Bureau De Change, BDCs, operator

To force exchange rate down, Nigeria clamps down on money changers

Dozens of money changers have since Wednesday been arrested by officials of the State Security Service, SSS, in Lagos and Abuja.

‘Why Nigerians now prefer to keep money at home instead of in banks’

A bank customer says she prefers to keep her money at home to escape banks’ ever increasing charges.


NNPC denies plans to further hike fuel price

NNPC had raised its price from N141 to N145 per litre of petrol.

FILE PHOTO: Thousands of young Nigerians jostled for 11 job positions in UNTH Enugu, South East Nigeria

700,000 Nigerians apply for 500 FIRS jobs

Among the applicants were 2,000 graduates who had first class.

A Bureau De Change, BDCs, operator

Naira stabilises at N304.75/$ at interbank market

A expert said speculators take advantage of the movement of the naira to manipulate the market.

‘How cloud accounting software can help small, medium businesses’

One benefit of online accounting software is access to financial information wherever you are.

Oando posts N35.9 billion post-tax loss, 26 per cent revenue increase

he loss after tax, which stood at about N47.6 billion last year decreased by 25 per cent.

Naira notes used to illustrate the story.

Naira records marginal appreciation against dollar

The currency exchanged at N468 to the dollar as against N470 it traded on Friday.


Nigeria Stock Exchange market indices down 0.28 per cent

7UP recorded the highest loss, shedding N7.94 to close at N150.86 per share.

Naira strengthens against dollar at interbank market

The Nigerian currency gained 50k to exchange at N304.50, from N305 posted on Thursday.

Minister of Budget and National Planning Senator Udoma Udo Udoma

59 per cent of 2016 budget released, cash backed – Nigerian Government

“To date, budgeted personnel cost and debt service obligations have been fully met on schedule.”