No Plan To Relocate Gas Company From Niger Delta – NNPC
The Nigerian National Petroleum Corporation (NNPC) said it has no plan to relocate its subsidiary, Nigerian Gas Company (NGC) outside the Niger Delta region.
NNPC Reveals Reasons For Increase In Kerosene Price
The Nigerian National Petroleum Corporation (NNPC) has attributed the increased in the price of household Kerosene in the country to the pressure of demand and supply.
Zenith Bank Upgrades Mobile Banking App
Zenith Bank says it has upgraded its mobile banking application to ensure its services are more suited for the lifestyle needs of customers.
NNPC, Turkey Plan To Extend Trade Relations
The Nigerian National Petroleum Corporation (NNPC) has stated the intention to extend Nigeria’s trade relations with Turkey beyond crude oil.
First Bank Reiterates Commitment To Economic Growth
Gbenga Shobo, Deputy Managing Director of First Bank of Nigeria, said the bank was committed to promoting economic growth through the Small and Medium Enterprises (SMEs).
Buhari Restates Commitment To Tackling Apapa Gridlock
President Muhammadu Buhari has expressed concern over the persistent gridlock in Apapa, Lagos State.
Manufacturing PMI Increases To 57.6 Points In July
Despite global trade tensions, business activities still remain positive as the Purchasing Managers Index (PMI) for the month of July 2019 showed expansion in the economy.
NIPC Data Reveals Nigeria Record $15bn Investments In Six Months
The latest data from the Nigerian Investment Promotion Commission (NIPC) has revealed that the nation recorded a total investment commitment of $15.15bn in various sectors of the economy between January and June 2019.
Dangote Reveals 53% of Refinery Capacity Will Be For Petrol
Dangote Group has disclosed that 53 per cent of its refinery capacity will be dedicated to the production of petrol, once it is completed.
CBN Injects $210m Into Forex Market
The Central Bank of Nigeria (CBN) has injected the sum of 210 million dollars into the inter-bank Foreign Exchange Market after the transactions on Tuesday, July 30.
Kyari Denies NNPC Secret Accounts, Reacts To Non-Remittance Of Taxes
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari says the corporation has no secret accounts that breach the Treasury Single Account (TSA).
NSE Market Capitalisation Depreciates By 0.003%
The NSE All-Share Index and market capitalisation both depreciated by 0.003 per cent to close the week at 27,918.59 and N13.606 trillion respectively.
FG Spends N851.4bn On JV Oil Assets
The Federal Government, through the Nigerian National Petroleum Corporation (NNPC), spent a total of N851.38bn on joint venture (JV) oil and gas assets in the first five months of 2019.
CBN Raises Alarm Over Plans To Frustrate Restriction Of Forex To Milk Importers
The Central Bank of Nigeria (CBN) has raised the alarm that certain persons were working against its planned restriction of foreign exchange to milk importers.
Nigerian Stock Exchange: Why Market Recorded 0.35% Loss Thursday
The Nigerian Stock Exchange (NSE) Thursday recorded 0.35 per cent loss due to sell pressure. Concise News understands that the All-Share Index went down by 98.13...
FAAC Disburses N762.5bn To FG, States, LGs For June
The Federation Account Allocation Committee (FAAC) on Thursday shared the sum of N762.59bn to the Federal Government, States, and the Local Government Councils.
MTN Appoints New Chairman Board Of Directors
MTN Nigeria has appointed a former Chief Executive Officer of the Nigerian Communications Commission (NCC) Ernest Ndukwe as Chairman Board of Directors.
Nigerian-US Company EZFarming Makes 500 Startups Batch 25 Accelerator Programme
A Nigerian-US agri-tech startup EZFarming has been picked for the batch 25 of the 500 Startups accelerator programme in San Francisco, California, US.
CBN Boosts Interbank With $210m
The Central Bank of Nigeria (CBN) on Tuesday boosted the Nigerian Inter-bank foreign exchange market with another 210 million dollars.
CBN Gives Update On Monetary Policy Rate
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate (MPR) at 13.5 per cent.