marhoatumu

The Nigerian government is expected to lose an estimated $ 6 billion because of corruption in the sale of the Oil Prospecting Licence (OPL) 245 to Shell and Eni Oil in 2011. Read more

The Nigeria’s refinery capacity will reach 1.1 million barrels per day in 2020, the Minister of State for Petroleum Resources, Ibe Kachikwu said yesterday. Read more

THE European Investment Bank has signed a new fifteen year EUR 200 million loan agreement with the African Export-Import Bank, Afreximbank, aimed at supporting trade-related productive investments, including renewable energy projects, in Africa. Read more

The Punch report, explained that “the $10.97bn figure was arrived at, by our Correspondent, based on the weekly compilation of amounts released by the Apex Bank to boost liquidity in the foreign Exchange Market.” Read more

The ongoing partnership between the Central Bank of Nigeria (CBN) and the Association of Bureaux De Change Operators of Nigeria (ABCON) has kept the naira stable at both the official and parallel markets despite huge campaign spendings by political parties. Read more

The global “OTA Testing market” research report exhibits a thorough study of the global market which will enable our customers to anticipate future demands and strategize executions. The OTA Testing market research report will offer deep understanding of the global market. Read more

The Monetary Policy Committee (MPC) for the 14th consecutive time, retained the Monetary Policy Rate (MPR) at 14 per cent. Read more

The National Insurance Commission has cancelled the Tier Based Solvency Capital recapitalisation of the underwriting sector with immediate effect. Read more

The combination of tightening global financing conditions, which has resulted to capital outflows in the country, the elevated global risk aversion, 2019 election uncertainties and high services payments are likely to put pressure on the naira going into next year, THISDAY has learnt. Read more

A financial expert, Prof. Uche Uwaleke, predicted that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would retain policy rates due to likely campaign spending ahead of the 2019 polls. Read more

The Senate Committee on Capital Market has pledged commitment to legislations that would improve investments in the capital market. Read more

The insurance sector is now the weakest link in the Nigerian economy owing to its low capital base, the Commissioner for Insurance, Mohammed Kari, has said. Read more

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) will hold its last meeting for the year between the 21th and 22th of November 2018 with analysts predicting that the committee will leave rate unchanged at 14 per cent. Read more

Executive vice chairman of Nigerian Communications Commission (NCC), Professor Umar Garba Danbatta, has called on the academia and stakeholders in the telecommunications industry to collaborate to accelerate innovation, industrial growth and sustainable development in the Nigerian telecoms industry. Read more

] Global CNG Tank or Cylinder Market research report centres over market driving factors, competitive landscape, latest market trends and leading performer of CNG Tank or Cylinder market industry along with its essential qualitative explanation. Read more

Bearing Market Report studies in detail the industry dynamics of the global Bearings Industry. The Market dynamics consists of the Opportunities, Trends and Challenges that are effective for the global Bearings Industry. Another section of the report lists the Global Market by material type, by Manufacturing Technology, Consumption Volume Industry by Application and by Regions. The Global Revenue […]

Quartz Market analysis is provided for each region, based on the growth rate, consumer buying patterns, present demand and supply scenarios in Quartz Market. This market research report is a beneficial tool for its buyer to increase the profitability of investment, to explore new dimensions, and to make informed decisions. Read more

The Central Bank of Nigeria injected over $10.97bn into the foreign exchange market between January and October this year to defend the nation’s currency, the naira, against other major currencies, including the United States dollar. Read more

The Central Bank of Nigeria (CBN) on Saturday rescheduled the Nov. 19 meeting of the Monetary Policy Committee (MPC) to Nov. 21 and 22 due to accommodate the Eid-El Maulud celebrations. Read more

The Central Bank of Nigeria (CBN) has projected that electronic fraud loses in the country’s banking system would reach N6.1 trillion by 2021. Read more