Latest Nigeria News of Thursday, 20 June 2019

Business & Finance

5 UNN Students Seek N100m to Expand Solar Energy Project FG hints it may allow marketers to sell petrol above N145 Nigeria procures two new satellites from China at $550m Fuel scarcity caused by few but heartless individuals within the oil sector: President Buhari Nigeria's external reserves rise by 50 per cent to $38.73b in 1 year Senate queries FG over unapproved subsidy payment Fuel crisis: NNPC is owing oil marketers N800b, says DAPPMA New Oil price rises above $60 for the first time in over 30 months Aregbesola Presents N173.8bn "Budget of Enduring Legacy" to Assembly Shettima Presents N170 Billion Appropriation Bill to BOSHA FG Approves LPG Extraction Plant for Green Energy Zenith Bank names new directors More trouble for Nigerian ports as Cotonou signs management agreement with Antwerp Port Osinbajo hold meeting with major oil marketers NNPC, DPR uncover illegal fuel reserviours in Abuja IMF says Nigeria's economy still vulnerable, highlights declining solvency ratio in banking system Globacom Set To Acquire 9mobile FG to begin $2.8bn Ajaokuta-Kaduna-Kano gas pipeline NNPC blames marketers for festering petrol scarcity General Electric trains 141 Nigerian entrepreneurs on advanced manufacturing skills NNPC releases 470 trucks of petrol to Lagos, Abuja Shell exploration MD, 3 other staff conferred with the fellowship of Nigerian Society of Engineers Mark rubbishes EFCC claims, says he bought his Abuja mansion under monetisation programme Paris Club Refund: Details of What Each State Received Segun Agbaje: Using Fairs to Redefine Retail Banking and SME Lending Nigerian External Reserves Rise to $36.8bn IMF calls on Nigerian government to tackle high inflation rate Again, NCC reiterates December 31st deadline for takeover of 9Mobile Petrol Hoarding; Security, NNPC team discover 144 trucks 2018 Budget: Senate rejects DPR's N355m proposal for foreign trips Terrorism: FG To Spend $1bn From Oil Savings To Fight B/Haram Nigeria set to issue N150bn sovereign green bond, first in Africa Federal Executive Council approves $2.7bn for Abuja-Kaduna-Kano gas pipeline Power generation will breach 8000MW mark in 2018: Fashola Shell rewards energy entrepreneurs at Accelerator event Lagos Govt wants relocation order on Chisco, Ifex, GUO, other transporters, seals their offices at Jibowu Bankers aid money laundering in Nigeria: Ribadu Dangote in another mining infraction: Asked to pay N2.7billion judgement debt by court! Corrupt Practices: ICPC arraigns Access Bank MD, Herbert Wigwe, in court Governor Ambode Of Lagos presents N1.046trn budget proposal MainOne and Tizeti partner with Facebook to improve internet connectivity in Lagos Electric Car: Chinese car maker to open Morocco plant CBN lifts forex market with $303.9 million ahead of Yuletide Gwarzo to Adeosun: I’m Innocent Oando crisis: Shareholders give Adeosun 7 days to resign Petrolex to invest $5bn in 250,000bpd refinery Indigenous oil firm to invest $6b in 250,000 bpd refinery, 300m litres tank firm Dangote makes World 50 Most Influential people's record Court vacates freeze order on Patience Jonathan's 16 bank accounts SEC begins forensic audit of Oando Plc Forex: CBN injects $210m in market Dangote Partners with Jumia to sell Cement online Dangote cement price goes for online purchase Access Bank launches new growth strategy aimed at emerging No1by 2022 Court orders arrest of ex-Enugu governor Chimaroke Nnamani Exclusive: Palm Cannel Dealer Appeals For Government Support Palletization of cargoes mandatory from January 2018 – Minister Scarcity looms in Lagos as IPMAN plots showdown over irregular fuel supply Hon. Minister Of Finance's Response To Questions On The Economy, Eurobond And Others UK ready to return $900m Alamieyeseigha's loot to Bayelsa Naira sells for N362.5 to the dollar at the parallel market CBN injects another $210m to inter-bank FOREX Market to boost liquidity It's inevitable Nigerians will pay more for electricity consumption: Osinbajo FIRS rakes in N3.2tr in 10 months Oil prices: S/East, S/South governors' forum wants increased allocation to states Global Spectrum lists 800m shares, market capitalisation up by N4bn NNPC to select core investor for Benue bio-fuel project: Baru Ship owners call on NIMASA to release $100m Cabotage Fund CBN ends Forex trading week with $288m Retail SMIS FG renews SPDC JV's Afam VI power plant licence for another 10 years Dangote to commission $500M Congo plant on Thursday CBN injects $210m into inter-bank forex market Nigeria and Kenya Stock Exchanges Discuss Measures to Enhance Liquidity Electricity consumers should be allowed to provide their own meters: FG Shocking! Power ministry to spend N158m on generator maintenance and fueling Former Niger Governor Babaginda Aliyu charged with money laundering Budget: House wants completion of Lagos/Ibadan road, 2nd N'Bridge in 2018 NDDC, SMEDAN Partner BHIIP on Nigeria’s Pioneer Enterprise Hub Nigeria's inflation rate drops marginally to 15.91 per cent in October NDDC, SMEDAN Set to Establish Enterprise Innovation Hub in Niger Delta Dutch Textile Firm Mulls Investment in Nigeria Senate approves President Buhari's request for $5.5billion foreign loans Oil exploration in the North East is for the good of Nigeria; Ibe Kachikwu Osborne cash: 9 persons claim to be whistleblowers, seek to be part of N650m cash reward How FG will fund 2018 budget: Udoma CBN to engage 400,000 youths in farming under AADS scheme Huawei Seeks Hybrid Solar Solutions for Telcos’ Energy Challenges FG to Provide N37 Billion for Meters Supply Following Court Settlement Nigeria Recovers $65 Million Electricity Debt Owed by Niger, Benin Republics Restrictions on 41 items crashed imports bill from $5.5bn to $1.9bn, says CBN Naira remains strong as CBN pumps in $195m Moody's downgrades GTBank, Access Bank six others in latest rating Nigeria Remains Most Viable Investment Destination in Africa – NIPC Taxes: Lagos govt to shut down headquarters of banks, others ENSG develops 6 housing estates in 1 year, to launch housing website soon Economic Summit: Ekweremadu commends existing unity among South-East Govs How forex restrictions on 41 items pushed down Nigeria's import bills: Emefiele Ease of Doing Business: Ministry Spends N700 Million to Develop Portal Nigeria Set for Positive Growth After Recession- CNN Court orders interim forfeiture of Ikoyi property with $43m Whistle blower on Ikoyi money now a millionaire: EFCC

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