Daily Archives: September 6, 2019

Capital importation drops by -31.41% in Q2, 2019 – NBS

Capital importation drops by -31.41% in Q2, 2019 – NBS

The National Bureau of Statistics (NBS), says the total value of capital importation into Nigeria in the second quarter of 2019 is 5.820 billion dollars, representing a decrease of -31.41 per cent compared to the first quarter. The NBS said ...

Read More »

CBN charges ABCON on effective self-regulation, market intelligence

CBN charges ABCON on effective self-regulation, market intelligence

The Central Bank of Nigeria (CBN) has challenged the Association of Bureaux De Change Operators of Nigeria (ABCON) to evolve an effective self-regulation that would ensure full compliance of the operators. ABCON, the umbrella body of the nation’s over 4,500 ...

Read More »

‘Social investment key to sustainable oil exploration in Niger Delta’

‘Social investment key to sustainable oil exploration in Niger Delta’

…Over $90m spent to maintain peace, devt in region To avoid disruptions to oil production and exploration in the country, stakeholders have advocated increased stake in strategic social investment schemes in host communities where commodities were being exploited. Although some ...

Read More »

Shake-up in Emirates as profits plunge by 69 per cent

Shake-up in Emirates as profits plunge by 69 per cent

The recent 69 per cent plunge in the profit of Emirates airline has further taken its toll, with the carrier announcing a shake-up in its management structure. The adjustment saw more professionals taking up new roles at the helm of ...

Read More »

Marketers deny scarcity of aviation fuel amid rising demand, prices

Marketers deny scarcity of aviation fuel amid rising demand, prices

•NNPC, MOMAN, DAPMAN insist nation has over 80million litres in stock Though there are indications that the demand for aviation fuel has risen by about 50 per cent in recent days as against supply, the Nigerian National Petroleum Corporation (NNPC), ...

Read More »