Nigeria LNG announces October FID for $7bn Train 7
…15,000 jobs to be created …Rivers State to get direct supply of cooking gas …Governor Wike proposes to dredge Iwofe waterway Tony Attah, the managing director of the Nigeria Liquefied Natural Gas (NLNG) Limited has announced the kick-off Train 7 of the company as the Final Investment Decision (FID) of ...
Read More
Read More
Nigerian Stocks
WORLD BUSINESS & ECONOMY
China hopeful of positive outcome as US, China revive talks
2 hrs
26 views
China, on Wednesday admitted that positive outcomes were possible in trade negotiations with the United States, after the presidents
Adesin, AfDB president, tasks African leaders on non-tariff barriers to boost trade
June 13, 201994 views
Finance
Nigeria’s central bank says report on its finances inaccurate
1hr25 views
Nigeria’s apex financial institution, the Central Bank of Nigeria (CBN), has said media reports about its finances were
Markets
Wall St. moves higher; Fed policy meeting on the horizon
June 17, 201969 views
U.S. stocks ticked higher on Monday, with the tech-heavy Nasdaq powering ahead, as investors awaited a pivotal Federal Reserve meeting
‘Crisis of confidence in capital market will dampen investors’ appetite for stocks’
June 7, 2019123 views
Companies & Business
NIMASA created 7,000 jobs through cabotage enforcement in 6 months
By Samson Echenim The Nigerian Maritime Administration and Safety Agency (NIMASA) created 7,000 new jobs in six months through strict
Energy, POWER & RENEWABLES
Price of cooking gas drops in May — NBS
The National Bureau of Statistics (NBS) said that the average cost of refilling a five kilogramme (kg) cylinder of Liquefied Petroleum
COMMODITIES & AGRICULTURE
Goldman says commodity returns to grow amid easing monetary policy
June 18, 201956 views
Returns on investing in commodities will be boosted as central banks ease monetary policy and governments take steps to offset the
Media,Technology & Innovation
NCAA to demolish 8,805 masts belonging to Nigeria’s telecom giant, Glo, commercial banks
By Samson Echenim The Nigerian Civil Aviation Authority (NCAA) says it will commence the immediate demolition of 8,805
Manufacturing & Industry
Weak U.S. manufacturing underscores slowing economic growth
May 31, 2019187 views
New orders for U.S.-made capital goods fell more than expected in April, further evidence that the economy was slowing after a growth
Nigeria Frontier Markets
Artee Group (SPAR) managed Port Harcourt Mall resumes operations after fire incident
June 13, 201997 views
The Port Harcourt Shopping Mall, a multi-billion-naira retail outfit run by Spar under the Artee Industries group, said it is set to
Governance, Policy & Politics
Plateau tertiary institutions call off strike
June 18, 201966 views
By Hope Ikwe, Jos The Joint Union of Plateau State owned Tertiary Institutions(JUPTI) has called off it’s Seven weeks strike
Recent Posts
Comments
Special Investigations
business a.m. EDITORIAL
Analysis
Executive Knowledge
Coffee Pods: Tied Goods and the Pursuit of Profit
June 17, 2019
A Three-Part Formula for Fueling Start-Ups
June 17, 2019
Digital Business: Three Core Concepts Exploded
June 10, 2019
Why Oil Markets Are Changing
May 29, 2019
The Business Traveller
Maximising profits in hotel business
June 17, 2019
Ethiopian Airlines connects Johannesburg from Lagos
June 13, 2019
Dana Air opens more ticketing outlets in Abuja, Uyo
June 13, 2019
Press Release
Exchange Rates
| Date | Currency | Buy(₦) | Sell(₦) |
|---|---|---|---|
| 17/06/2019 | Dollar | 359 | 361 |
| 17/06/2019 | Euro | 400 | 404 |
| 17/06/2019 | Pound | 458 | 463 |
| 14/06/2019 | Dollar | 358 | 361 |
| 14/06/2019 | Euro | 400 | 403 |
| 14/06/2019 | Pound | 460 | 465 |
| 11/8/2018 | Dollar | 357 | 360 |
| 11/8/2018 | Euro | 403 | 406 |
| 11/8/2018 | Pound | 467 | 472 |
| 02/5/2018 | Dollar | 360 | 362 |
| 02/5/2018 | Euro | 440 | 443 |
| 02/5/2018 | Pound | 500 | 505 |
| 03/5/2018 | Dollar | 360 | 362 |
| 03/5/2018 | Euro | 440 | 443 |
| 03/5/2018 | Pound | 500 | 505 |
| 03/8/2018 | Dollar | 357 | 360 |
| 03/8/2018 | Euro | 412 | 418 |
| 03/8/2018 | Pound | 470 | 478 |
| 4/4/2018 | Dollar | 360 | 362 |
| 4/4/2018 | Euro | 442 | 444 |
| 4/4/2018 | Pound | 503 | 506 |
| 04/5/2018 | Dollar | 360 | 363 |
| 04/5/2018 | Euro | 436 | 442 |
| 04/5/2018 | Pound | 498 | 502 |
| 4/6/2018 | Dollar | 361 | 363 |
| 4/6/2018 | Euro | 418 | 420 |
| 4/6/2018 | Pound | 484 | 487 |
| 5/4/2018 | Dollar | 360 | 362 |
| 5/4/2018 | Euro | 442 | 443 |
| 5/4/2018 | Pound | 503 | 506 |
| 5/6/2018 | Dollar | 361 | 363 |
| 5/6/2018 | Euro | 418 | 420 |
| 5/6/2018 | Pound | 485 | 490 |
| 5/9/2018 | Dollar | 357 | 361 |
| 5/9/2018 | Euro | 410 | 416 |
| 5/9/2018 | Pound | 460 | 466 |
| 06/4/2018 | Dollar | 360 | 362 |
| 06/4/2018 | Euro | 438 | 445 |
| 06/4/2018 | Pound | 498 | 505 |
| 6/4/2018 | Dollar | 360 | 362 |
| 6/4/2018 | Euro | 442 | 443 |
| 6/4/2018 | Pound | 503 | 506 |
| 6/6/2018 | Dollar | 360 | 362 |
| 6/6/2018 | Euro | 417 | 420 |
| 6/6/2018 | Pound | 480 | 487 |
| 07/5/2018 | Dollar | 360 | 362 |
| 07/5/2018 | Euro | 430 | 437 |
| 07/5/2018 | Pound | 495 | 503 |
| 7/6/2018 | Dollar | 360 | 362 |
| 7/6/2018 | Euro | 415 | 422 |
| 7/6/2018 | Pound | 480 | 487 |
| 07/8/2018 | Dollar | 357 | 360 |
| 07/8/2018 | Euro | 409 | 414 |
| 07/8/2018 | Pound | 467 | 475 |
| 08/5/2018 | Dollar | 361 | 363 |
| 08/5/2018 | Euro | 432 | 435 |
| 08/5/2018 | Pound | 498 | 503 |
| 8/6/2018 | Dollar | 360 | 362 |
| 8/6/2018 | Euro | 415 | 421 |
| 8/6/2018 | Pound | 480 | 487 |
| 09/5/2018 | Dollar | 361 | 363 |
| 09/5/2018 | Euro | 430 | 435 |
| 09/5/2018 | Pound | 495 | 500 |
| 10/4/2018 | Dollar | 360 | 362 |
| 10/4/2018 | Euro | 438 | 445 |
| 10/4/2018 | Pound | 497 | 505 |
| 10/5/2018 | Dollar | 361 | 363 |
| 10/5/2018 | Euro | 427 | 430 |
| 10/5/2018 | Pound | 495 | 500 |
| 11/4/2018 | Dollar | 360 | 362 |
| 11/4/2018 | Euro | 442 | 444 |
| 11/4/2018 | Pound | 500 | 504 |
| 11/5/2018 | Dollar | 361 | 363 |
| 11/5/2018 | Euro | 425 | 430 |
| 11/5/2018 | Pound | 495 | 500 |
| 12/4/2018 | Dollar | 360 | 362 |
| 12/4/2018 | Euro | 440 | 443 |
| 12/4/2018 | Pound | 502 | 507 |
| 12/9/2018 | Dollar | 358 | 360 |
| 12/9/2018 | Euro | 410 | 415 |
| 12/9/2018 | Pound | 465 | 470 |
| 13/4/2018 | Dollar | 360 | 362 |
| 13/4/2018 | Euro | 440 | 443 |
| 13/4/2018 | Pound | 502 | 507 |
| 14/5/2018 | Dollar | 361 | 363 |
| 14/5/2018 | Euro | 427 | 430 |
| 14/5/2018 | Pound | 495 | 500 |
| 14/8/2018 | Dollar | 357 | 360 |
| 14/8/2018 | Euro | 408 | 416 |
| 14/8/2018 | Pound | 465 | 470 |
| 15/5/2018 | Dollar | 361 | 363 |
| 15/5/2018 | Euro | 425 | 430 |
| 15/5/2018 | Pound | 493 | 500 |
| 16/4/2018 | Dollar | 360 | 362 |
| 16/4/2018 | Euro | 442 | 444 |
| 16/4/2018 | Pound | 503 | 508 |
| 16/5/2018 | Dollar | 361 | 363 |
| 16/5/2018 | Euro | 425 | 430 |
| 16/5/2018 | Pound | 493 | 500 |
| 16/7/2018 | Dollar | 358 | 361 |
| 16/7/2018 | Euro | 414 | 418 |
| 16/7/2018 | Pound | 475 | 481 |
| 17/4/2018 | Dollar | 360 | 363 |
| 17/4/2018 | Euro | 442 | 445 |
| 17/4/2018 | Pound | 504 | 510 |
| 17/5/2018 | Dollar | 361 | 363 |
| 17/5/2018 | Euro | 425 | 430 |
| 17/5/2018 | Pound | 493 | 498 |
| 17/7/2018 | Dollar | 358 | 361 |
| 17/7/2018 | Euro | 414 | 418 |
| 17/7/2018 | Pound | 475 | 482 |
| 17/8/2018 | Dollar | 357 | 360 |
| 17/8/2018 | Euro | 405 | 412 |
| 17/8/2018 | Pound | 463 | 467 |
| 18/4/2018 | Dollar | 360 | 363 |
| 18/4/2018 | Euro | 440 | 444 |
| 18/4/2018 | Pound | 504 | 510 |
| 18/5/2018 | Dollar | 361 | 363 |
| 18/5/2018 | Euro | 425 | 428 |
| 18/5/2018 | Pound | 493 | 500 |
| 18/7/2018 | Dollar | 356 | 360 |
| 18/7/2018 | Euro | 414 | 418 |
| 18/7/2018 | Pound | 475 | 480 |
| 19/4/2018 | Dollar | 361 | 363 |
| 19/4/2018 | Euro | 441 | 444 |
| 19/4/2018 | Pound | 508 | 511 |
| 20/4/2018 | Dollar | 361 | 363 |
| 20/4/2018 | Euro | 440 | 443 |
| 20/4/2018 | Pound | 508 | 511 |
| 20/7/2018 | Dollar | 357 | 360 |
| 20/7/2018 | Euro | 415 | 420 |
| 20/7/2018 | Pound | 475 | 483 |
| 21/5/2018 | Dollar | 362 | 365 |
| 21/5/2018 | Euro | 425 | 430 |
| 21/5/2018 | Pound | 485 | 495 |
| 22/5/2018 | Dollar | 362 | 364 |
| 22/5/2018 | Euro | 423 | 430 |
| 22/5/2018 | Pound | 485 | 495 |
| 23/4/2018 | Dollar | 361 | 363 |
| 23/4/2018 | Euro | 440 | 444 |
| 23/4/2018 | Pound | 506 | 511 |
| 23/5/2018 | Dollar | 362 | 365 |
| 23/5/2018 | Euro | 425 | 430 |
| 23/5/2018 | Pound | 490 | 495 |
| 23/7/2018 | Dollar | 357 | 360 |
| 23/7/2018 | Euro | 415 | 420 |
| 23/7/2018 | Pound | 475 | 483 |
| 24/4/2018 | Dollar | 360 | 363 |
| 24/4/2018 | Euro | 440 | 444 |
| 24/4/2018 | Pound | 505 | 511 |
| 24/5/2018 | Dollar | 362 | 365 |
| 24/5/2018 | Euro | 425 | 430 |
| 24/5/2018 | Pound | 490 | 495 |
| 25/4/2018 | Dollar | 360 | 363 |
| 25/4/2018 | Euro | 442 | 444 |
| 25/4/2018 | Pound | 503 | 508 |
| 25/9/2018 | Dollar | 358 | 361 |
| 25/9/2018 | Euro | 415 | 420 |
| 25/9/2018 | Pound | 475 | 480 |
| 26/4/2018 | Dollar | 361 | 363 |
| 26/4/2018 | Euro | 439 | 443 |
| 26/4/2018 | Pound | 503 | 507 |
| 26/7/2018 | Dollar | 357 | 360 |
| 26/7/2018 | Euro | 413 | 418 |
| 26/7/2018 | Pound | 475 | 480 |
| 27/4/2018 | Dollar | 361 | 363 |
| 27/4/2018 | Euro | 440 | 444 |
| 27/4/2018 | Pound | 500 | 504 |
| 28/5/2018 | Dollar | 362 | 367 |
| 28/5/2018 | Euro | 425 | 430 |
| 28/5/2018 | Pound | 495 | 500 |
| 30/4/2018 | Dollar | 360 | 363 |
| 30/4/2018 | Euro | 440 | 443 |
| 30/4/2018 | Pound | 500 | 505 |
| 30/5/2018 | Dollar | 362 | 365 |
| 30/5/2018 | Euro | 423 | 428 |
| 30/5/2018 | Pound | 493 | 498 |
| 31/5/2018 | Dollar | 361 | 363 |
| 31/5/2018 | Euro | 423 | 426 |
| 31/5/2018 | Pound | 493 | 495 |
COMMODITIES
Nigeria’s central bank says report on its finances inaccurate