naira

FOREX: Naira weakens against dollar

The Naira  on Tuesday weakened against the dollar few hours after the CBN maintained its benchmark interest rate and endorsed the crackdown on parallel...
Forte

Forte Oil perfects N9 billion five-year fixed rate bond

Forte Oil Plc, a foremost-integrated energy service provider, has successfully completed its N9 billion series one debt issue. The company in a statement to the...
NNPC

NNPC’s JV cash calls hits $2.5bn

The Nigerian National Petroleum Corporation (NNPC’s) under-funding cash calls hit 2.5 billion dollars in 2016, says Dr Maikanti Baru, its Group Managing Director. Baru made...
NNPC

NNPC pays N827bn to FAAC in 12 months

The Nigerian National Petroleum Corporation (NNPC) says it has paid the sum of Eight hundred and twenty Seven billion Naira to the Federation Accounts Allocation ...
mmm nigeria

Nigeria vs Algeria sparks MMM trend

Super Eagles 3-1 win over Algeria in the World Cup qualifying match has sparked an “MMM” trend on twitter with over 6,000 tweets as...
bank of industry

BoI loans SMEs N37bn in 9 months

Bank of Industry BoI, disbursed N36.82 billion as loans in its Large Enterprise Directorate between January and September, says Mr Adetokunbo Akinsola, Head, SME...
naira

Naira gains against the dollar

The Naira on Friday strengthened against the dollar in all segments of the foreign exchange market, the News Agency of Nigeria (NAN) reports. At the...
NSE

Nigeria to sell N95bn of bonds

Nigeria plans to sell N95 billion (301.8 million dollars) of bonds on Nov. 16, the Debt Management Office (DMO) said on Friday. The office said...
opec

OPEC jacks output, oil prices fall

OPEC members are making the task of oil market rebalancing harder by maximising their production ahead of a ministerial conference at the end of...
smedan

SMEDAN trains 520 entrepreneurs

The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has graduated 520 entrepreneurs in Cross River under the National Industrial Skills Development Programme...