All posts tagged "headline"

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  Dollar supply bolsters naira

  The naira strengthened against the dollar at the interbank market yesterday, reaching its strongest in almost three months, as a unit of Royal Dutch Shell sold dollars and demand for the greenback weakened. The nation’s currency closed...

  • Posted August 6, 2014
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  Shell not cleaning Ogoni oil pollution – Amnesty, others

  Little action has been taken to clean up pollution caused by oil production in the Niger Delta region, either by the government or Shell Oil, Amnesty International and other groups have said. Oil production has contaminated the...

  • Posted August 6, 2014
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  FG to improve intra-African traffic to boost trade

  The Federal Government on Tuesday said it would ensure improvement on intra-Africa air transportation to boost trade across the continent. The Minister of Aviation, Mr. Osita Chidoka, disclosed this at the headquarters of the Federal Ministry of...

  • Posted August 6, 2014
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  Lekki Concession agreement is a fraud – Dosunmu

  The Lagos State governorship candidate on the platform of the Peoples Democratic Party (PDP) in 2011 election, Dr. Adegboyega Dosunmu has said that the Lekki Concessioning Company (LCC) was a scam from its conception. Dosunmu, who was...

  • Posted August 6, 2014
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  Africa offers US firms compelling trade, investment opportunities

  As the US-African leaders’ summit continues in Washington DC, United States of America, Africa’s largest bank by assets and earnings—Standard Bank Group, has said the continent offers American multinationals a compelling trade and investment opportunity due to...

  • Posted August 6, 2014
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  NNPC, Shell, others lose $180m to closure of EA Offshore Field

  The Nigerian National Petroleum Corporation (NNPC) and international partners in the Shell Petroleum Development Company (SPDC) operated joint venture are losing about $180 million to the suspension of crude oil production at the East Area (EA) field....

  • Posted August 6, 2014
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  CBN to auction N195bn treasury bills

  The Central Bank of Nigeria (CBN) will auction treasury bills worth N195.18 billion this week. The move is in line with the regulator’s decision to continue to manage the volume of liquidity in the system as well...

  • Posted August 5, 2014
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  Stock market dips in July as investors react to weak results

  As it was with the weather in the month of July, investors in the Nigerian equities market witnessed massive rain of losses weakening the gains made in the previous month. This was due to negative sentiments fuelled...

  • Posted August 5, 2014
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  Traditional banks may not exist by 2025 – PwC

  A new report by Pricewater-houseCoopers has suggested that between 2025 and 2030, a market economy without banks of the traditional kind may exist. The report entitled, ‘The future shape of banking’, said the barriers for non-banks to...

  • Posted August 5, 2014
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  Nigerian equities market grows by N674bn in seven months

  The Nigerian equities market grew by N674 billion in a seven-month period ending July 2014, just as the market is moving towards a slower growth for the year. While the market witnessed a major growth of over...

  • Posted August 5, 2014
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