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Yam Association Urges FG To Sign Trade Agreement With EU

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Yam Traders The National Association of Yam Farmers, Processors, and Marketers have begged the federal Government to sign trade agreements with European Union (EU) to secure duty-free yam export to Europe.  The association in line with the Technical Committee on Nigeria Yam Export Programme, made this known in a communique …

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Govt, World Bank discuss $1b power sector loan

The federal government and the World Bank power sector team met on the possibility of Nigeria accessing a one billion dollar Performance Based Loan (PBL) from multilateral institutions. Finance Minister Mrs Zainab Ahmed dropped the hint at a joint news conference with Central Bank of Nigeria (CBN) Governor Godwin Emefiele …

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BANK STOCKS SEE BIGGEST FALL IN 20 MONTHS

The Nigerian banking stocks slumped the most since June 2016 a day after the re-election of President Muhammadu Buhari, as some investors showed disappointment at the defeat of his market-friendly opponent. An index of Nigeria’s 10 largest banking stocks dropped by 4.6 per cent at the end of trading on …

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Oil Prices Soar Over Fears of US Strike on Syria…

Latest update as Oil prices have soared to their highest level since December 2014 amid the possibility of the US carrying out air strikes against Syria. Brent Crude rose to $71.33 per barrel late on Tuesday, marking its highest level since December 3, 2014, markets showed. American benchmark West Texas …

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Govt Confirms Anambra’s Status As Oil Producing State…

The Federal Government has at last recognized Anambra as one of the oil producing states in the federation. National chairman of Host Communities Producing Oil and Gas, HOSCON, Prince Mike Emuh disclosed this yesterday at Anambra State Traditional Rulers’ House, Government House, Awka, while briefing traditional rulers in the state. …

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US Dollar Extends Rise On Reducing Trade Tensions…

The US dollar continued to be higher against its major counterparts in the European session on Thursday, buoyed by reducing fears over a trade war between the US and China after Washington expressed willingness to negotiate a resolution for proposed tariffs. News that officials from US and China had signaled …

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