CBN sold $1.1bn to importers in Nov 2016
Nigerian banks activated 11.2m accounts in 2016 as dormant accounts hit 31m
No steady power supply unless tariff rises – NERC
FG orders immediate payment of N150bn to fuel marketers
OPEC, non-OPEC Joint committee praised for output cut
Port Harcourt refinery to generate N1.5tr yearly
NNPC lacks oil trading skills, says GMD
FEC approves completion of Odogunyan power project
FMBN seeks additional N500bn recapitalisation fund
PTML Customs revenue rises by N613.6m
SEC to develop more commodity exchanges
CBN to Sell Dollars in Special Auction to Clear Backlogs of Airlines, Others
Sen. Bruce kicks against power sector intervention fund, increase in electricity tariff
Asia stocks hit three-and-a-half-month high on Dow’s surge, dollar slips
Fitch revises Nigeria’s outlook to negative
Fitch Ratings yesterday revised the Outlook on Nigeria’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to negative from stable and affirmed the IDRs at ‘B+’.[Read More…]