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Tag - oil

22
Dec

BUSINESS NEWS BRIEF – DECEMBER 22, 2015

THISDAY CBN Reviews N220bn MSME Fund Guidelines to Encourage Start-ups As part of efforts to encourage entrepreneurial ventures and new businesses in the country, the Central Bank of Nigeria (CBN) has reviewed the guidelines for its N220 billion micro, small, and medium scale enterprises development fund (MSMEDF).[Read More…] Report: Banks Struggling for Forex Liquidity The declining …

10
Dec

BUSINESS NEWS BRIEF – DECEMBER 10, 2015

PUNCH Oil glut, others threaten Nigeria’s 2016 production target The growing supply glut in the global oil market is a threat to Nigeria’s projected production target for next year, industry experts have said.​[Read More…] DAILY SUN NBS adopts Stanbic IBTC PMI as FG’s official index THE National Bureau of Statistics (NBS) has officially adopted the Stanbic …

11
Nov

BUSINESS NEWS BRIEF – NOVEMBER 11, 2015

  THE NATION Nigeria’s oil industry investment dips 20% Investment in Nigeria’s oil and gas industry, which stood at $20 billion last year has dropped by 20 per cent this year over industry woes and investment environment, the President for Chevron Africa and Latin America, Mr. Ali Moshiri has said.[Read More…] CBN gives customers BVN reprieve …

9
Nov

BUSINESS NEWS BRIEF – NOVEMBER 09, 2015

PUNCH Nigeria close to finding oil in Chad Basin – Kachikwu The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu, has said the country is on the verge of finding oil in the Lake Chad area based on an analysis of a recent seismic 3D data generated from the basin.[Read More…] Oil …

27
Oct

BUSINESS NEWS BRIEF – OCTOBER 27, 2015

  PROSHARE OANDO FYE 14 Q1 15 H1 15 Conference Call Presentation The key take Apart from the global price volatility in the oil industry, which has strong potential to negatively impact the earning capacity of the firm, we observed that huge provisions for impairment of assets, increase in operating & administrative expenses and depreciation …

1
Sep

BUSINESS NEWS BRIEF – Semptember 01,2015.

THISDAY External Reserves Rise to $31.43 Billion Nigeria’s foreign exchange reserves were $31.43 billion on August 27, up by 1.12 per cent from $31.08 billion a month earlier, data from the Central Bank of Nigeria (CBN) showed on Monday.[Read More…] Ex-Depot Price of Petrol Drops as Oil Price Crashes The slump in the price of …

18
Aug

Business News Brief – August 18th,2015.

LEADERSHIP Dangote To Address Global Tech Start-ups Africa’s richest man and chairman of Dangote Group, Alhaji Aliko Dangote, will address a global audience at the 2015 edition of DEMO Africa on September 24-25, 2015, in Lagos, the chairman of the local organising committee (LOC), Yele Okeremi, has confirmed..[Read More…] Nigerian International Debt Fund To Pay …

30
Jul

Business News Brief – July 30, 2015

PUNCH FG to borrow N195bn via Treasury bills-The Federal Government is planning to sell N195.17bn ($981m) worth of three-month, six-month and one-year Treasury bills on August 5, the Central Bank of Nigeria has said.[Read More…] Oil worth $13.7bn stolen under NNPC, says NEITI-The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Shamsuna-Ahmed, …

fake richard mille
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