archiveJuly 3, 2017

Crude oil prices have risen to $48.77 per barrel, recording an excess of $3.23 over Nigeria's 2017 budget of $44.50 per barrel reference. Brent which is usually used to benchmark the price of other oil grades rose from $47 to $48.77 per barrel in the market at the weekend. Not...

The Manufacturing Purchasing Managers' Index (PMI) recorded expansion in the manufacturing sector for the third consecutive month as it increased to 52.9 index points in June 2017. The Central Bank of Nigeria’s (CBN) PMI report obtained from the apex bank’s website report revealed. The PMI which is an indicator of...

The African Export Import (AFREXIM) Bank has signed a $1billion Memorandum of Understanding (MoU) with the Dangote Group of Companies at the 24th Annual General Meeting of the bank holding in Kigali, Rwanda. AFREXIM Bank's president, Dr. Paul Oramah, said “the deal was part of the bank's bid to expand...

Acting President Yemi Osinbajo, SAN, will be representing Nigeria today (Monday) at the 29th Ordinary Session of the African Union in Addis Ababa, Ethiopia. According to a press statement by the Senior Special Assistant to the President on Media & Publicity Office of the Vice President, Mr. Laolu Akande, Osinbajo...