Oil prices stay constant as US reserves increase.
Brent crude increased 2 cents, or 0.7%, to $74.42 a barrel on the futures market. The price of West Texas…
Day: May 18, 2023
Concessionaire would contribute N5.3 billion to eCRVS, claims FG.
The concessionaire, Messrs Barnksforte Technologies Limited, has informed the Infrastructure Concession Regulatory Commission (ICRC) that N5.3 billion in private funds…
ETI Shareholders Approve Exercise to Raise $500 Million in Capital.
The resolution authorizing the issuance of additional Tier 1 and Tier 2 qualifying subordinated debt as well as senior ranked…
The appeals court suspends the Seplat board’s order.
The Abuja-based Court of Appeal has overturned a ruling that prevented the Board of Directors of Seplat Energy from carrying…
According the CBN, bank assets have increased to N78 trillion.
By the end of February 2023, the total assets of the Nigerian banking sector had increased by 25.12% over the…
Port operators contributes $440 million to Apapa ports.
According to APM Terminals, it has invested about $440 million in the Apapa ports since the port concession in 2006…
According to NSC, demurrages cost N2.7bn in the past two years.
The Nigerian Shipper’s Council said that between 2020 and 2022, it saved a staggering N2.7 billion. The fund might have…
IMF recommends the lowering of trade restrictions in Africa.
According to the International Monetary Fund, removing trade restrictions between African nations will assist 50 million people escape poverty. The…
Net FX inflow fell to $72 billion in 2022, according to CBN.
The Central Bank of Nigeria (CBN) reported that the country’s net total foreign exchange (FX) inflow closed at $72.4 billion…
Cane Integrated Investment Ltd Partners with NYSC on Investment Literacy and Financial Planning.
The investment and financial advisory firm, Cane Integrated Investment Limited on Wednesday, May 10, 2023 visited the NYSC Lagos State…