Interbank Market Awaits N284bn Matured Treasury Bills
A total of N284.14 billion matured treasury bills are expected to hit the financial market on Thursday. The maturing bills would enter the financial system via the Primary Market...
Nigerian Equities Sustain Positive Momentum
The Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose further Monday as equities sustained the positive momentum for the second trading day in 2014. The market had recorded a growth...
World Oil Demand to Grow in 2014 Says OPEC
With global economic growth in 2014 projected to increase to 3.5 per cent from 2.9 per cent in 2013, world oil demand is forecast to rise by one million barrels...
Farmers Hail FG’s Enterprise Approach to Agric Development
Farmers have hailed the enterprise approach, which the Federal Government has adopted in the development of the agricultural sector in the country. Minister of Agriculture and Rural Development...
Managing Expectations in Nigeria’s Emerging Electricity Market
Chineme Okafor writes that ongoing reforms in Nigeria’s electricity supply industry, particularly the privatisation of successor generation and distribution companies created from the unbundling of the defunct Power Holding Company...
Shell’s N24.4bn Ogbia-Nembe Road Project Nears Completion
The multi-billion Naira Ogbia-Nembe road in Bayelsa State, which is being largely sponsored by Shell Petroleum Development Company (SPDC) is nearing completion as history was made recently when the Deputy...
Expert Tasks Nigerian Youths on Nation Building
A legal expert in the oil and gas industry, Mr. Rotimi Idowu, has tasked the Nigerian youths on the right attitude to participate in the oil and gas industry and...
Nigeria, Others Rated High on Potential for Agric Growth
Boosting productivity, fostering competitiveness and ensuring that small-scale farmers have greater access to markets are key to West Africa realising its full agricultural potential, according to a new study released...
NNPC: $10.8bn Not Missing, Part of Unpaid Operational Costs
The Nigerian National Petroleum Corporation (NNPC) has said the disputed $10.8 billion, which has not been paid into the Federation Account, is not missing but formed part of its operational...
Experts Foresee Retention of Tight Monetary Policy in 2014
Financial market analysts have predicted that the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) will maintain its restrictive monetary policy stance in 2014. In addition, they also...