Category Archives: Featured

Nigeria earns $640.35m from Crude export in Oct

Nigeria earns $640.35m from Crude export in Oct – NNPC

The Nigerian National Petroleum Corporation (NNPC) says the country earned 640.35 million dollars from the export of crude oil and gas for the month of

Aweskim Technology partners Apple, Slot on used phones

Aweskim Technology partners Apple, Slot on used phones

A leading dealer of used phones in Nigeria Aweskim technology recently signed a deal with leading mobile retail giant SLOT to be its official Trade-In

Naira closes at N363.05 at Investors’ window

Naira closes at N363.05 at Investors’ window

The Naira on Wednesday, sold at N363.05 to the dollar at the inventors’ window. Market turnover stood at 333.37 million dollars. At the parallel market,

Pound stands firm after May loss, London stocks edge up

Pound stands firm after May loss, London stocks edge up

The pound held its ground Wednesday and London’s FTSE opened higher after the record defeat of British Prime Minister Theresa May’s Brexit plan, as investors

FSDH expects December inflation to rise to 11.28%

FSDH expects December inflation to rise to 11.28%

The FSDH Research expects the December 2018 inflation rate (year-on-year) to rise to 11.69 per cent from 11.28 per cent recorded in November. In the

‘Why we are supporting MSMEs with various intervention schemes’

‘Why we are supporting MSMEs with various intervention schemes’

‘Why we are supporting MSMEs with various intervention schemes’ Vice President Yemi Osinbajo, has said Micro, Small, Medium Enterprises (MSMEs), are the most important business

CCNN, Ikeja Hotel lead stock market 0.6% gain

CCNN, Ikeja Hotel lead stock market 0.6% gain

Bargain-hunting in some blue chip stocks especially Cement Company of Northern Nigeria (CCNN), and Ikeja Hotel Plc, lifted the Nigerian Stock Exchange (NSE) All-share index

FG borrows N6.16tn from N8.499tn pension fund

FG borrows N6.16tn from N8.499tn pension fund

The total pension assets under the Contributory Pension Scheme rose to N8.49tn as of the end of November 2018 financial period, latest figures obtained from

Access, Diamond merger to get all regulators’ approvals

Access bank and Diamond bank are awaiting final approval from shareholders

Access bank and Diamond bank are awaiting final approval from shareholders Victor Etuokwu, Access Bank Executive Director, says the banks will convene shareholders meetings next

Banks to lose 18-month interest on marketers’ subsidy debts

Banks to lose 18-month interest on marketers’ subsidy debts

The Central Bank of Nigeria has asked Deposit Money Banks to forgo the interest charged on petrol subsidy-induced loans advanced to oil marketers from June

Gencos threaten to shut down power plants

Gencos threaten to shut down power plants

Electricity generation companies in the country have said they will be forced to shut down their power plants if the challenges facing them are not

NECA raises the alarm over country’s increasing debt profile

NECA raises the alarm over country’s increasing debt profile

Advise govt on workable investment schemes The Nigeria Employers’ Consultative Association (NECA), has raised an alarm over the nation’s mounting debt burden, expressing fear that

Government borrows N1.16 trillion from equity market

Government borrows N1.16 trillion from equity market

As NSE predict volatile half year To finance its fiscal and infrastructure deficits owing to paucity of funds, the Federal Government had borrowed about N1.16

Exploring business opportunities in Malay apple farming

Exploring business opportunities in Malay apple farming

The most common apples consumed in Nigeria are mainly from South Africa, North America and Europe, and they are mainly temperate or meditteranean apples. However,