Business
210 views

Nigeria equity market rises by 0.14 per cent in cautious trading

Webby - March 5, 2019

The Nigerian Stock Exchange (NSE) market indices on Tuesday sustained growth, posting a marginal gain of 0.14 per cent in a cautious trading. Specifically, the All-Share Index…

Business
227 views

Naira gains marginally against dollar at parallel market

Webby - March 5, 2019

The Naira on Tuesday gained 50 kobo to exchange at N358 to the dollar at the parallel market in Lagos, stronger than N358.5 traded on Monday. The…

Business
275 views

Bi-Courtney Has Valid 36-Year Concession on MMA2 — Firm

Webby - March 5, 2019

Our attention has been drawn to an article published by Sahara Reporters alleging that MMA2’s term is 12 years and is about to expire. While we find…

Business
283 views

Oil drops as China cuts economic growth target

Webby - March 5, 2019

Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered…

Business
229 views

Oil spills agency accuses Aiteo of blocking Bayelsa fire probe

Webby - March 5, 2019

The National Oil Spills Detection and Response Agency (NOSDRA) has said the operators of Nembe Creek Oilfields within OML 29 is resisting its efforts to probe the…

Shareholders likely to approve Access Bank’s acquisition of Diamond bank
Business
235 views
Business
235 views

Shareholders likely to approve Access Bank’s acquisition of Diamond bank

Webby - March 5, 2019

we prefer Nigerian investor to foreign investor By Chioma Obinagwam There are indications that the approval sought by Access Bank from its shareholders and that of Diamond…

FG further depletes excess crude account to $249m
Business
234 views
Business
234 views

FG further depletes excess crude account to $249m

Webby - March 4, 2019

The federal government has further depleted the balance in the Excess Crude Account (ECA) to $249 million between January and February this year in an apparent last…

Foreign trade volume hits N32.26trn in 2018
Business
229 views
Business
229 views

Foreign trade volume hits N32.26trn in 2018

Webby - March 3, 2019

The National Bureau of Statistics (NBS), said the country recorded a total trade value of N32.26 trillion year-on-year in 2018, representing 39.3 per cent increase over the…

LCCI faults FG’s wheat policy
Business
223 views
Business
223 views

LCCI faults FG’s wheat policy

Webby - March 2, 2019

The Lagos Chamber of Commerce and Industry (LCCI) has faulted the federal government’s policy on wheat, saying heavy import tariff on the commodity was adversely affecting millers…

Business
278 views

N170m FIRS Contract Fraud: EFCC, Police deny Zinox ‘clearance’

Webby - March 2, 2019

The Nigeria Police and the Economic and Financial Crimes Commission (EFCC) have denied any knowledge of the clearance reportedly granted top officials of Zinox Group and its…