West African crude oil differentials were steady over the weekend as Asian demand for a variety of grades balanced ample supplies of most grades, particularly the lighter end of the sweet market.

Association of Bureaux De Change Operators of Nigeria (ABCON) has said none of its bureau de change (BDC) member was robbed in the robbery incident at the car park of the international airport last week.

Norwegian Ambassador to Nigeria, Kjell Lillerud has revealed that Norway has indicated interest to invest $700 million in Nigeria oil and fish industry.

Nampak’s Nigerian unit has won a contract to provide Nigeria Breweries Plc (NB), a brewer controlled by Heineken NV (HEIA), with labels for beer bottles, Chief Executive Officer, Andrew Marshall has said.

NIGERIA’S march towards food sufficiency received a boost last week when the Kwara State Governor Abdulfatah Ahmed signed an MoU for a joint venture with Valsolar Consortium of Spain for a N70 billion rice cultivation, processing and packaging plant in the state.

The Managing Director, Dangote Pasta, Oladehinde Brown has expressed the readiness of his company to capture 65 percent of the Pasta market in the country, following the fortification of its product with new Vitamin and iron.

PRESIDENT of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) Mr. Lucky Amiwero has called for the review of the Nigerian Cabotage law, saying that “the law is long over due for review”.

AFTER months of creating the required awareness among staff, Enterprise Bank Limited (EBL) has started the implementation of the performance based compensation system, which entails the inclusion of a variable pay.

Banks’ lending to private sector which has been dawdling since the Central Bank of Nigeria, CBN, commenced its reform of the banking sector is expected to show some form of improvement this year, FBN Capital, the investment arm of First Bank of Nigeria PLC, has said.

Afrinvest West Africa Limited has commended the Nigerian Stock Exchange (NSE) over the various reform initiatives adopted to enhance investor’sa confidence in the nation’s capital market.