archiveJanuary 4, 2017

  as CBN eases FX pressure on real sector The latest data  of the Central Bank of Nigeria (CBN) has shown that the nation’s external reserves closed last year (2016) with a total balance of $25.781billion by 29 December, 2016, showing a decline of $3.288 billion  compared with the $29.069...

  By Nkem Ndem With over 100 million active users and 400 million snaps per day, the social media platform is one of the fastest-growing social networks in the world, and even though it caters mainly to a younger demographic (18 -34 years), it is becoming an essential part of...

The Nigerian Stock Exchange All Share Index (NSE ASI) and the Market Capitalization decreased by 0.46 per cent, while the Year-to-Date return stood at -1.41 per cent. The All Share Index closed at 26,495.04 against the previous close of 26,616.89 while Market Capitalization closed at ₦9.116 trillion against previous close...

The Vice-Chancellor of Samuel Adegboyega University, Edo State, Ben Aigbokhan, has expressed optimism that Nigeria will be out of the economic recession in the second quarter of the year. Mr. Aigbokhan told the News Agency of Nigeria, NAN, on Wednesday in Abuja that the government had been working to address...

Nigerian National Petroleum Corporation (NNPC) has awarded its 2017 crude oil term contracts to 39 companies, the company said on Tuesday. According to Reuters’ report, the contracts covering about 1.31 million barrels per day (bpd) of crude oil were awarded to 18 Nigerian companies, 11 international trading houses, five foreign...