Nigeria crude oil output, yesterday, rose by 150,000 barrels per day as Shell Nigeria said it has reopened its Trans Niger Pipeline, TNP, after about two months of closure.

Malam Sanusi Lamido Sanusi, the Governor of Central Bank of Nigeria (CBN), has launched the revised version of the Nigeria Payment System (NPS) Vision 2020 Strategy Document.

South African dining and fast-food giant Famous Brands has secured a deal to buy a 49-percent stake in the restaurant subsidiary of Nigerian conglomerate UAC, it announced Monday.

•Say it will affect market performance in 2nd half…
The positive sentiment at the Nigerian stock market at the beginning of the year has continued to impact on performance of the market which has recorded a 26 per cent growth in the last eight months. The market indicators, which are the barometer of the health of the financial market, as at the end of third quarter of 2013 showed that share prices of most of the companies listed in the exchange have risen by 26.6 per cent.

Flour Mills of Nigeria Plc has stated that it is awaiting the approval of the Federal Government to enable it deliver a portion of its 50 mega watts of electricity to businesses around Apapa and also to the national grid.

Aliko Dangote is a business juggernaut whose middle name is entrepreneur. He is never dissuaded from entering new businesses despite the general inclement operating business environment. Given his foray into many different business terrains and the successes he has recorded thereof, it would appear he has the uncanny ability to juggle different balls at the same time and get results.

WHEN the Federal Government, in June, announced that it would launch the newly established Mortgage Refinance Company, MRC, by September, there were mixed feelings across the country.

The Port Harcourt Area 11 Command, Onne Port , Nigeria Customs Service is one trade centre that most oil and gas companies cannot do without. Strategically located at Onne, the Command has become vital for trade facilitation within Nigeria and West African sub-region, as Onne assumes the status of largest growing dedicated oil and gas free zone in the world.

An average watcher of recent developments in the aviation sector in the country may be tempted to say Nigeria has never had it so good in terms of paying attention to upgrade in infrastructure and key navigational facilities at the nation’s airports since most of them were built decades ago.

These days when governments are beginning to direct attention to agribusiness in order to provide enough food and create wealth for its growing populations and more importantly create more jobs for the average unemployed youths in Africa.

Activities on the Nigerian Stock Exchange (NSE) closed for the week on depressed note on Friday with the market indicators depreciating.

There has been notion among Nigerians that Malaysia came to Nigeria some years ago to get seedlings for oil palm which has placed the country as number one oil palm producing country while Nigeria lag behind in ranking. But this assertion was debunked recently by crop scientists when some select journalists, fellows of the Biosciences for Farming in Africa (B4FA,) were in the Nigerian Institute for Oil Palm Research (NIFOR). JIMOH BABATUNDE captured the presentations of Dr. (Mrs.) Christy Okwuagwu, the most senior crop scientist at the institute. Here is an excerpt.

The Central Bank of Nigeria, CBN, said that deposits from some government institutions are excluded from the reporting of public sector deposits in line with its circular to banks operating in the country.

DHL has said that the United Kingdom and United States accounts for about 37 per cent of its export from the country and Nigeria is the second largest market in Sub-Saharan Africa.

The Managing Director and Chief Executive Officer of Guinness Nigeria Plc, Mr. Seni Adetu, has expressed his confidence in the nation’s economy, noting that it holds bright prospects for investors and other stakeholders.