Business news
The Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, said the closure of the National Economic Reconstruction Fund (NERFUND) was based on the recommendations of the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) special examination report of September 30, 2013. Isa-Dutse disclosed this in an interview with newsmen in Abuja […]
THE nation’s external reserve will this month hit $35 billion, the highest in three years.The last time the nation had $35 billion external reserve was end of November 2014, when it dropped to $35.24 billion from $36.25 billion at end of October 2014. Indications to this emerge from the Central Bank of Nigeria (CBN) data […]
Oil prices hit their highest levels early on Monday as markets tightened, while Saudi Arabia’s crown prince cemented his power over the weekend through an anti-corruption crackdown that included high profile arrests. Brent futures, the international benchmark for oil prices, hit $62.44 per barrel early on Monday, their highest level for years now. U.S. West […]
More than 100 pupils from Nigeria’s six geo-political zones have been awarded full-board six-year secondary school scholarships by the Shell Nigeria Exploration and Production Company (SNEPCo) in the third set of the NNPC/SNEPCo National Cradle-to-Career (NC2C) programme designed to give top quality education to bright but indigent youths. The latest awards bring to 267 the […]