Business

The IMF report had been criticised by some Nigerians.

Jumia started its first day of trading with an opening price of $14.50.

The figure contrasts with a turnover of 224.03 million worth N2.10 billion on Thursday.

The scheme was introduced in 2004.

Nigeria says the report tying its poor sovereign wealth management to corruption is "flawed and laughable".

Under the new arrangement, Chevron plans to divest $15 to $20 billion of assets between 2020 and 2022.

About N109.686 billion was provided for depositors of Deposit Money Banks (DMBs), while about N149.081 billion is budgeted for depositors...

The report says 4.43 million international passengers who passed through the country’s airports as against 4.05 million passengers in 2017.

About $100 billion is required annually for the next six years to meet the target

President Muhammadu Buhari on March 28 launched the MPP for self-employed persons in the informal sector.

Mr Osinbajo said this administration was keen on the issue of financial inclusion.

The project is expected to enlarge the capacity of the NCDC to diagnose and treat ailments.

Last Friday, the Bank injected about $247.8 million

The market capitalisation, which opened at N10.953 trillion, shed N1 billion to close at N10.952 trillion.

The new appointments are, however, subject to the approval of the Central Bank of Nigeria (CBN).

Before his appointment, Mr Onyeagwu had been the bank’s deputy managing director.

The All-Share Index, which opened at 29,616.38, shed 454.14 or 1.53 per cent to close at 29,162.24.

Nigeria, South Africa and Angola, which make up about 60 per cent of sub-Saharan Africa’s annual economic output, were all...

Electricity released, comprising gas-fired and hydro stations, was down by 657.07 megawatts from the figure released on Saturday.

It said it made the decision due to electrification developments in the industry globally.

Despite the host of price drivers, there remain factors that could bring oil down later this year.

The official says the grants would be used to address capacity building/equipment and logistics upgrade in the Hajj Commission.

MAPs shall charge a maximum of N36,991.50 for single phase meters and N67,055.85 for three phase meters.

The Commission says media report of pension standing at N9 trillion is untrue.

Market indicators reversed negative trend on Friday with a marginal growth of 0.21 per cent.