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DAILY BUSINESS NEWS BRIEF – FEC Approves New Petroleum Policy


FG adopts automated system for 2018 budget preparation

Foreign reserves near three-month high at $30.8b

Nigeria yet to spend $3.7m from $25m Technical Cooperation Fund

Oil industry loses $300b to price slump

Oil nears $53 on tighter U.S market

FG releases N268.27bn for power, roads, housing in 2016

Weir oil completes KOP acquisition for $114m

CBN injects $195m as naira depreciates to N367.88/$ on NAFEX

Insecurity, policy somersault deprive Nigeria of $300bn oil investment – Kachikwu

Government vows to halt oil production if cost remains high

Kogi seeks extra N11b in supplementary budget

We spent N3.4bn to meter 120,000 customers – AEDC MD

Complete your refinery before Dec 2019, FG urges Dangote

N50bn capital raising on course – Union Bank

Half year: Dangote Cement records 12.6% sales increase across Africa

Oando returns to profitability, posts N4.6 billion for Q1

Stock Exchange reform bill gets stakeholders’ nod at NASS

Stocks Gain as Earnings Roll In; Dollar Steadies: Markets Wrap

FEC Approves New Petroleum Policy
The Federal Executive Council (FEC) has approved a new petroleum policy, restructuring the Nigerian Petroleum Investment Management Services Limited (NAPIMS) and stripping it of its responsibility of regulating costing of projects.Read More…]


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