NIGERIAN National Pe-troleum Corporation, NNPC, plans to lift the force majeure on Nigeria’s Bonny Light crude next month. Shell Petroleum Development Company, SPDC, declared a force majeure on September 16, 2017, on Nigeria’s Bonny Light crude, due to issues affecting…
BoG’s Monetary Policy Committee keeps policy rate at 21%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept its policy rate of 21 percent unchanged. According to the Central Bank Governor, Dr. Ernest Yedu Addison, the decision was influenced by threats to economic growth and stability. The…
FirstBank Celebrates Corporate Responsibility and Sustainability Week: Promoting Random Acts of Kindness
First Bank of Nigeria Limited has initiated a whole week of celebrating its Corporate Responsibility and Sustainability (CR&S) initiatives from September 25 – 29, 2017. The historical FirstBank CR&S week themed ‘Promoting Kindness; Putting You First’ would witness the…
The Entrepreneur Mind-set – A mentoring session with Ibukun Awosika
For the average undergraduate, getting a well-paying 9 to 5 job after graduation is the dream. However, this is one dream that is fast eluding a number of graduates today given the prevailing socio-economic conditions in the country. Working for…
EU-Nigeria trade hits €19.9bn in 2016
European Union-Nigerian trade blossomed recording €19.9 billion in 2016. Filippo Amato, Counsellor, Head of Trade and Economics Section of European Union Delegation to Nigeria and ECOWAS, made this known at a press conference to announce the sixth edition of the…
Intrust Bank NA Lowers Holdings in British American Tobacco p.l.c. (NYSE:BTI)
Intrust Bank NA reduced its holdings in shares of British American Tobacco p.l.c. (NYSE:BTI) by 0.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned…
Unity Bank promotes commercial agriculture schemes, disburses over N24b to farmers
As a bank that strongly drives Agribusiness as its major strategic Business focus, Unity Bank has effectively keyed into various intervention fund by Federal Government and Central Bank of Nigeria (CBN) to boost Agriculture thus emerging as one of…
Nigeria’s Q2 foreign trade grows by 7.7%
The total value of Nigeria’s merchandise trade at the end of Q2, 2017 stood at N5,697.5 billion, National Bureau of Statistics (NBS) has said. According to NBS in its Foreign Trade in Goods Statistics report for Q2 2017,…
Minister Ian Borg meets with IMO during London Shipping Week
Minister for Transport, Infrastructure and Capital Projects Ian Borg is currently in the UK to attend important events organised during the London Shipping Week. Yesterday, Ian Borg met with IMO Secretary General Kitack Lim. The International Maritime Organisation (IMO)…
Aiico, Flour Mills, Nestle top losers, market sheds N63bn
Aiico Insurance Plc, Flour Mills Nigeria Plc, Nestle Nigeria Plc, Continental Reinsurance Plc and Linkage Assurance Plc emerged the top five losers at the close of trading on the floor of the Nigerian Stock Exchange on Tuesday, as equities…