Naira gains marginally against dollar at parallel market
The Nigerian currency gained 50 kobo to exchange at N358 to the dollar.
Central Bank of Nigeria blocks forex for textile importation
The restriction starts immediately and affects all forms of textile and garment importation.
Nigeria air passenger traffic increased by 20 per cent in 2018 – NCAA
34 airlines on the international routes operated 15,645 flights and flew 4, 079, 0789 passengers during the period under review.
Oil spills agency accuses Aiteo of blocking Bayelsa fire probe
The company says it is conducting its own investigation.
NSE: Market indices maintain upward growth, up by 0.95 per cent
The market capitalisation inched N113 billion to close at N11.981 trillion against N11.868 trillion on Friday.
Nigeria’s foreign trade recorded 4th consecutive rise in 2018 — NBS
The structure of Nigeria’s export trade, valued at N5.02 billion in fourth quarter, 2018, was dominated by crude oil exports.
World Bank GEM Project: Group wants EFCC to probe alleged diversion of $35mn
The group accused the minister of diverting funds and engaging in a series of abuses the anti-graft agency should look into as a matter of urgency.
Oil prices rise on trade deal hopes, OPEC supply cuts
Hopes of an end to the trade spat between the two world’s biggest economies added support to a market that has been rallying for the past two months on cuts to production.
In major investments, Globacom moves to shape Africa’s digital fortune, future
Globacom says its mandate remains the building of Africa’s biggest and best telecommunications network.
Nigeria’s foreign trade volume increases by 39% – NBS
The trade value for 2017 stood at N23.16 trillion.
N170m FIRS Contract Fraud: EFCC, Police deny Zinox ‘clearance’
Police and the EFCC say reports online that the company had been cleared of wrongdoing in the contract scandal did not emanate from them.
TCN records 30,281.04 MW decrease, transmits 98,876.66 MW
The statistics indicate that power generation transmitted dropped by 30,281.04 mw between January 2019 and February 2019.
First Bank marks 125th anniversary, reassures commitment to Nigeria’s development
The bank was established in 1894.
NSE: Market indices open March with 0.34 per cent growth
The market capitalisation which opened at N11.828 trillion rose by N40 billion to close at N11.868 trillion.
Nigeria complied with OPEC production cut in February – Minister
The official says challenges may occur if deeper cuts are required.
Infracredit supports North South Power’s maiden Corporate Infrastructure Bond
Fund Manager, African Local Currency Bond Fund, James Doree, said the maiden corporate green bond in Nigeria sets the benchmark for the domestic and regional capital market.
Court stops computer professional council from forcefully registering members
The judge says the Computer Professionals Registration Council of Nigeria Act (Control and Supervisory Regulation) 2010 did not expect it to be engaging in trivialities.
Nigeria controls $48bn new oil, gas projects in Africa — Baru
Experts see Africa as bright prospects for Africa’s energy industry.
Presidential election result: Nigeria Stock market loses N196 billion
The All-Share Index lost 525.54 points or 1.63 per cent to close at 31,728.70 when compared with 32,244.24 recorded on Wednesday.
Expert warns Nigerian farmers not to be deceived by early rains
Early rains were recorded in many parts of Nigeria this week.
FEATURE: Special Economic Zones as new frontiers for Nigeria’s industrialization
Special economic zones hold much more promise for Nigeria and the rest of the African continent, underlining why the Buhari administration is investing heavily in them