Business

The project was conceived in 2006 but was delayed by the Boko Haram insurgency.

At the Bureau De Change (BDC) window, the naira was sold at N390 to a dollar

CBN governors says SSS has acted within its right.

The Monetary Policy Rate, MPR was left at 14 per cent.

“The lessons we can draw from the recent past is that it is important to build up fiscal buffers."

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

The Naira remained stable at the parallel market, closing at N465 to a dollar.

Nigeria's oil production also reduced this quarter compared to second quarter.

Bryce Edem also speaks of the types of speakers to be hosted.

"In as much as the CBN would not want to be seen joining issues with any bank on any issue,...

The MoU is for a $2.2 billion contractor financing support.

The takeover of control of the company is part of AMCON's efforts to recover over N400 million.

Experts expressed divergent views on the clampdown.

The funds raised would be used to refinance existing short-term commercial bank loan obligations.

OPEC member countries proposed Iran cap its oil output at 3.92 million barrels per day

The benefits for investors include zero tax from federal, state and local tax authorities, an official said.

Restoring production at the facility was part of efforts to reposition it for profitability, an official said.

The ministry said the enterprises also account for about 48.5 per cent of the gross domestic product.

“The NNPC will be made autonomous from the state. It will relinquish all its policy making and regulatory activities," the...

Nigeria has six joint ventures with IOCs.

Total recorded the highest price loss, leading the losers’ pack with N13.97 to close at N276.05 per share.

Letters of Credit and Form Ms approved to manufacturers at N197/US$ ....are now expected to be redeemed at N320.

“The Government is facing revenue shortages. Oil and gas companies, on their part, have to adapt to the present realities."

“The target of the ministry is to achieve 5 per cent contribution to the gross domestic product (GDP) by 2020."

The commission said there were advantages and disadvantages in the proposals.