Category: Business

NNPC

41Billion barrels of crude oil remain untapped – Baru

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and...

Glo

‘Why Glo is supporting 2019 Africa CEO Forum’

Fully integrated telecommunications solutions provider, Globacom, says it decided to sponsor the 2019 Africa CEO Forum because of its desire to help Africa transform its...

Naira gains marginally against dollar at parallel market

The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The News Agency of Nigeria (NAN) reports...

12 ships arrive Lagos ports with petrol, other products

Twelve ships carrying various products have arrived Apapa and Tin-Can Island ports waiting to berth, the Nigerian Ports Authority (NPA) said on its daily publications on...

Ronaldo Factor? ‘Juve’ shares soar after UCL win against A/Madrid

Juventus shares soared more than 20 per cent and were on track for their biggest one-day gain in five and half  years on Wednesday. The Italian soccer team overturned a...

Port Harcourt Disco starts new electricity payment system in four states

The Port Harcourt Electricity Distribution Company (PHED) says it has hired a new electricity collection agent to ensure easy payment of electricity bills by customers...

Pound

Sterling soars after Brexit deal changes

Sterling rallied on Tuesday on speculation that British Prime Minister Theresa May might be closer to securing approval for her Brexit deal after the European Commission...

CBN to auction N89.5bn Treasury bills this week

The Central Bank of Nigeria is set to conduct a primary market auction on Wednesday to roll over N89.5bn worth of Treasury bills maturing on Thursday, across the 91-day...

Nigeria’s active mobile subscribers hit 162m in Q4 2018 — NBS

The National Bureau of Statistics (NBS) said Nigeria’s active mobile subscribers dropped to 162,032,481 million in the fourth quarter, 2018 from 172,824,239 million...

NSE, Meristem Securities to launch style indices

The Nigerian Stock Exchange (NSE) and Meristem Securities Limited on Monday announced the launch of two new style indices to support product development and investment...