PUNCH
Nigeria can earn N3.8bn from shea export – Experts
Experts have said that shea export has the capacity to fetch Nigeria N3.8bn in foreign exchange earnings.[Read More…]
THISDAY
President Inaugurates Setraco’s $150m Steel Pipe Mill Factory
The effort of the federal government towards making gas accessible and affordable to Nigerians through its National gas master plan received a boost on Thursday with the inauguration of a new ultra modern $150 million steel pipe mill by President Muhammadu Buhari.[Read More…]
Stakeholders Flay 100% Physical Examination of Cargoes
Stakeholders in the maritime industry have decried the 100 per cent physical examination of cargo in the nation’s seaports.[Read More…]
THE NATION
Farmers seek new credit policy for agriculture
LAGOS State Federated FADAMA Community Association president, Alhaji Abiodun Oyenekan, has urged the Federal Government to evolve a new credit policy that will contribute to agricultural restructuring and boost food production.[Read More…]
BUSINESS NEWS
Lagos oilfield to miss December production target
The Aje shallow-water field offshore Lagos is now expected to reach first oil at the end of January 2016 as against December this year previously targeted by the joint venture partners on the project.[Read More…]
LEADERSHIP
World Bank Revises Oil Price Forecasts To 52 Dollars
The World Bank says it is lowering its 2015 forecast for crude oil prices from 57 dollars per barrel in its July report to 52 dollars per barrel.[Read More…]
Ajaokuta Steel Company Needs 1.1b Dollars For Rehabilitation -Association
Mr Sanusi Mohammed, Secretary-General, African Iron and Steel Association, said about 1.1 billion dollars would be required to revive the Ajaokuta Steel Company in Kogi.[Read More…]
GUARDIAN
Govt seals six firms over alleged tax evasion, seeks public participation in project delivery
LAGOS State Internal Revenue Service (LIRS) on Thursday sealed up six companies for non remittance of taxes due to the state government totaling over N50million.[Read More…]
REUTERS
Exclusive: BOJ to cut price forecast for next FY only slightly – sources
The Bank of Japan will cut its growth and inflation outlook for this fiscal year at a rate review next week but only slightly tweak its projections for next year, sources said, possibly tempering expectations that the central bank will soon ease monetary policy further.[Read More…]
BLOOMBERG
Asian Stocks, Currencies Jump as ECB Stimulus Bets Spark Rally
Asian stocks and currencies jumped as the prospect of more stimulus from the European Central Bank combined with better-than-estimated technology earnings in the U.S. and rising Chinese home prices.[Read More…]