News Reports

The NPA said the Senate’s allegation is “without foundation”.

The planned energy export is being put in place by the concessionaire of Kainji and Jebba hydro power stations, Mainstream Energy Solutions Limited, MESL.

The losses mark the largest one-month fall since the depths of the financial crisis in 2008.

The firm plans to open offices in Lagos and Nairobi, Kenya’s capital, an official says.

Nigeria was excluded from the previous round of cuts, which began in 2017.

The minister did not say how much the contracts were worth.

The intervention has reportedly resulted in the creation of an estimated one million direct and indirect jobs.

The regulatory body assured its continued mediation in the interbank foreign exchange market.

The new platform was opened to run as part of the forthcoming intra-African Trade Fair (IATF 2018) in Cairo, Egypt next month.

“Out of the 40 licenses issued, only 10 have shown progress…”

A notice was sent to the Nigerian Stock Exchange on Monday.

The plan, the global firm said, would affect more than 14,000 jobs.

The workshop was organised for Nigeria and Volkswagen to agree on the next steps.

The bank also recorded a net income of $172.4 million during the period, which was 11.9 per cent higher than 2017 record.

The suffering of the depositors would continue unless the NDIC enabling Act is speedily amended by the national assembly.

Foreign reserves down from $42.6 billion in September to $41.53 billion on November 16.

The bank accounted for 605.54 million shares worth N14.53 billion followed by Transcorp.

Brent crude, the global benchmark, was up 92 cents to $63.45 per barrel.

The partnership is for inclusive and sustainable industrial development in Nigeria for 2018- 2022.

Only 3.5 per cent of banks reported net losses, down from four per cent a year ago.

The embattled official was arrested and would be fired from Nissan’s board this week, the company said.

The governor said the improvement in security had provided opportunity to reach more women and children for coverage in remote areas.