Crude climbed as a U.S. government report showed oil stockpiles in the world’s largest economy fell by the most in four months
Economy News Extra
Consultancy Forecasts Strong Investor Sentiments For Nigeria In 2018
A leading global risk consultancy, Control Risks, has projected improved investor sentiments for Nigeria and other West African economies in 2018
CBN Plans To Auction N1.27trn Treasury Bills In Q1 2018
The Central Bank of Nigeria has released the calendar for Treasury Bills issuance for the first quarter of next year with the total value amounting to N1.27 trillion.
African Guarantee Fund Gets ‘AA-‘Fitch Rating
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has received an Insurance Financial Strength (IFS) rating of ‘AA-‘ (very strong) from the globally renowned Fitch Ratings agency.
IMF Urges Nigeria On Investment-Friendly Monetary, Fiscal Policies
International Monetary Fund (IMF) yesterday advised monetary and regulatory authorities in Nigeria to roll out policies that would bring down inflation rate and increase access to domestic funds
AfDB Boosts Africa Infrastructure Fund With $100m Loan
African Development Bank (AfDB) has approved US $100 million to the Emerging Africa Infrastructure Fund (EAIF), a Public Private Partnership (PPP) company, to support ongoing projects
SON Blames Influx Of Sub-Standard Tyres On Porous Borders
The Standard Organisation of Nigeria (SON) has said that the nation’s porous borders remain one of the major reasons why efforts to control smuggling of sub-standard tyres into the country is not working
E-Payment Transactions Hit N19.33trn In Q3 -NBS
The National Bureau of Statistics (NBS) has reported that a total volume of 213,693,964 transactions valued at N19.33 trillion were recorded through electronic payment
Nigeria Signs Joint Declaration On Economic Cooperation With EFTA
Nigeria has signed a joint declaration on Economic Cooperation with the European Free Trade Association (EFTA) in Buenos Aires, Argentina,
BPP To Bar Unregistered Contractors From Procurement Bids
The Bureau of Public Procurement has said that it would soon bar contractors not captured in its database from public procurement processes.