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BUSINESS
AGOA to stimulate Nigeria’s economic growth – NEPC
The Nigerian Export Promotion Council (NEPC) has called on exporters to take advantage of the African Growth and Opportunity Act (AGOA) to stimulate the country’s economic growth.
NEPC…
OPEC to adjust upward monthly production by 0.4 mb/d
The Organisation of the Petroleum Exporting Countries (OPEC) has reconfirmed its decision to adjust upward its monthly overall production by 0.4 million barrel per day (mb/d) for March 2022.
The…
Senate commends NNPC for engendering competitiveness
The Senate Committee on Petroleum Resources (Upstream) has commended the NNPC Ltd for repositioning the Nigerian oil and gas industry into a competitive business environment.
The Chairman of…
Crude Oil: OPEC daily basket price now $90.46 per barrel
The price of the Organisation of the Petroleum Exporting Countries (OPEC) basket of 13 crude oil samples stood at $90.46 per barrel as at Tuesday, Feb. 1.
This is compared with $90.89 per barrel of…
PenCom Optimistic as MPP contribution hits N161m in Q2 2021
The National Pension Commission (PenCom) has announced that the total contribution by participants under the Micro Pension Plan (MPP) stood at N161.27 million as at June 30, 2021.
This is contained…
NGX gains N226bn on last day of January
The nation’s bourse opened the week on Monday upbeat to close its last trading day in January with a gain of N226 billion driven by high demand for shares of MTN Nigeria Communications (MTNN).…
Nigeria’s $4 billion Eurobond oversubscribed by up to $12.2 billion – DMO
Debt Management Office (DMO) says it has listed its 2021 $4 billion federal government’s Eurobond on the FMDQ Group Securities Exchange.
This is in a bid to build investors’ confidence and also…
3 months after launch, Nigerian are adopting the eNaira – Emefiele
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) says Nigerians are gradually adopting the eNaira, launched three months back.
Emefiele said this while answering questions from members…
Emmanuel Jime, NSC Boss Plans Big, says Jos, Dala inland ports to be completed in Q2
Emmanuel Jime, the Executive-Secretary/Chief Executive Officer of the Nigerian Shippers Council (NSC), says that the Jos Heipang and Dala Inland Dry Ports (IDP) projects in Plateau and Kano states…
Supporting SMEs’ growth will boost employment, economy
The Small and Medium Enterprises (SMEs) sector is considered the backbone of any economy as it contributes massively to employment and export growth.
A recent survey conducted by…