Business

The market capitalisation which opened at N11.180 trillion inched higher by N75 billion to close at N11.255 trillion.

There will be an increase in rent-free period for cargoes housed in the terminals.

The Principles will first be available for signature in September, 2019.

“We appreciate government’s gesture, especially the president, who stepped in and the effort of the Senate Committee on Petroleum (Downstream)."

The commission says it is currently waiting for their formal application.

Investors attribute the development to the bank’s official acquisition by Access Bank.

“I can confirm to you government made good its promise to deliver promissory notes to marketers on Friday."

Maiden intra-Africa trade fair ends in Egypt.

Beginning 2011 and effectively in 2012, Access Bank took over the defunct Intercontinental Bank Plc.

The judge, Giusy Barbara, also berated Nigerian politicians and officials involved in the controversial deal.

The new deal, if approved by regulators, would see Access Bank acquire Diamond Bank.

The figure represents a 30 per cent increase compared with N110 billion paid in the same period of 2017.

She said the World Bank has already approved the grant.

The CPI measures the average change in prices of goods and service.

The report says the value of transactions recorded represented an increase of 27.01 per cent over 2016 figure.

The Nigerian government is currently allowing the oil firms to process one of the fields in the block, called Zabazaba.

The Federal government set a target of 30 per cent penetration by end of 2018.

The agency says the telecom firm is cooperating with the Nigerian authorities

The case highlights growing concerns about rising illicit financial flows in Africa.

The highest in FIRS history is N5.07 trillion generated in 2012.

The court had, earlier in the month, adjourned the hearing.

The trade fair will last until 17 December, 2018 and is expected to attract about 70,000 visitors.

The figure represents a 48.21 per cent decrease compared to the second quarter.

About 43,775 barrels would be cut from the nation’s oil production from January, 2019.

One of the reasons for including fertiliser is to promote the activities of the Presidential Fertiliser Initiative (PFI).