Saturday, April 20, 2019

BUSSINESS

CHINA FOREIGN INVESTMENT LAW: BILL AIMS TO EASE GLOBAL CONCERNS.

China has passed a new foreign investment law in a move widely seen as an effort to facilitate US trade talks.

NAIRA UP TO N360.19 PER DOLLAR IN I&E WINDOW

The Naira yesterday appreciated to N360.19 per dollar in the Investors and Exporters (I&E) window due to a 502 percent rise in...

NAIRA GAINS MARGINALLY AGAINST DOLLAR AT PARALLEL MARKET

The Naira on Tuesday gained 50 kobo to exchange at N358 to the dollar at the parallel market in Lagos, stronger than...

Oil price dips as U.S. crude production hits record

Oil prices dipped on Thursday, dragged down by weakening factory output in China and Japan and record U.S. crude output, although markets ...

NIGERIA EARNS N3.72TRN FROM ROYALTIES, PETROLEUM TAX IN ONE YEAR.

Nigeria earned N3.72 trillion from royalties and petroleum profit tax, PPT, in the oil and gas sector in 2018, according to data...

STOCK MARKET RISES AFTER PRESIDENTIAL ELECTION

The nation’s stock market rose slightly on Monday as investors awaited the final results of the presidential and National Assembly elections.

FOREIGN INVESTMENTS INFLOW IN OIL INDUSTRY DIPS TO $134M IN ONE...

Foreign investment inflow into the Nigeria oil and gas industry declined sharply by 59.7 per cent to $133.51 million in 2018, compared...

PRICES OF FOOD ITEMS RECORD MIXED MOVEMENTS.

Despite the drop in food inflation in January 2019, some food items recorded increases on year-on-year, YoY, bases, though some others were...

STOCK MARKET REBOUNDS, INVESTORS GAIN N80BN.

The stock market witnessed a rebound on Tuesday as the investors gained N80bn. The market capitalisation of equities listed...

NAIRA STAYS STRONG DESPITE ELECTION ODDS, SAYS ABCON

The naira has in over 18 months remained stable at both the official and parallel markets despite several odds facing it ahead...