‘Black Panther’ cast steps out in style on the Oscars red carpet originally appeared on goodmorningamerica.com. The cast of the the breakout film “Black Panther” wowed on the 2019 Academy Awards red carpet Sunday night. The flick made history as the first superhero film to earn a best picture nod at the Oscars. It also […]
Month: February 2019
Slow Economic Growth: MPC calls for target lending to MSMEs
Some members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has called for increased targeted lending to Micro, Small and Medium Enterprises (MSMEs) to address the nation’s sluggish economic growth. Making this call in their personal statements at the MPC meeting held in January, they noted that banks’ unwillingness to […]
Settlement banks get CBN’s order on N15b collateral
The Central Bank of Nigeria (CBN) has directed settlement banks to provide clearing collateral of not less than N15 billion worth of treasury bills for them to perform settlement roles in the industry. The directive was contained in the CBN’s Monetary, Credit, Foreign Trade and Exchange Policy Guidelines for Fiscal Years 2018/2019, released by the […]
Crude Oil Prices – Weekly Outlook: Feb. 25 – Mar. 1
Investing.com – Oil traders will continue to focus on the outlook for global crude supplies in the week ahead amid signals that OPEC-led production cuts have helped tighten an oversupplied market. Market players will also be watching for any important developments on the U.S.-China trade front this week, as the two sides race to strike […]
Nigeria Retains Top Spot As Africa’s Largest Economy
West African nation Nigeria has been named Africa’s largest economy for the second year in a row, citing its economic prowess in the continent, multinational professional services network PricewaterhouseCoopers (PwC) disclosed. The auditing firm which ranks second to Deloitte in professional services published its latest edition of Nigeria Economic Outlook: Top 10 Themes for 2019 […]
Oil firms waste gas worth 3,000MW of electricity –FG
The volume of gas that is wasted by oil companies in Nigeria is enough to generate about 3,000 megawatts of electricity, the Federal Government has said. It also stated that the amount of gas flared by oil companies operating in Nigeria was sufficient to power two or three liquefied natural gas trains if harnessed. Senior […]
2019 Competitions: NLNG Calls for Entries
A call for entries has gone out to intending contestants for the 2019 edition of the three Nigeria LNG-sponsored prizes: The Nigeria Prize for Science, The Nigeria Prize for Literature and The Literary Criticism Prize. This was recently made public by the prizes’ advisory boards. Contestants for both the Science and Literature prizes, which are […]
Oil exports: Nigeria, others face rising competition from US
Rising imports of US crude oil into Asia in the past few months will bring stronger competition in the months ahead for crudes from Nigeria and other West African countries, traders have said. S&P Global Platts reported that the market sources highlighted the March loading programme for Nigeria. Nigerian crude has had a difficult time […]
Nigerian LNG cargo arrives Portugal February Today
REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria on Saturday February 23, 2019. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard the LNG Borno liquefied natural gas carrier. The vessel with the capacity to transport 149,600 cubic meters of […]
Nigerian LNG cargo arrives Portugal February Today
REN-operated Sines LNG import terminal in Portugal is to receive a new cargo of the chilled fuel from Nigeria on Saturday February 23, 2019. The cargo will be delivered from Nigeria LNG’s Bonny Island liquefaction plant onboard the LNG Borno liquefied natural gas carrier. The vessel with the capacity to transport 149,600 cubic meters of […]