Renaissance Capital, an emerging markets investment bank has partnered with The Nigerian Stock Exchange (NSE) for a one-day Institutional Investors’ Clinic in Lagos to update investors, regulators and operators in the oil and gas sector especially the Exploration and Production aspect.

Investors swooped on the shares of Guaranty Trust Bank, GTB, last week after the bank said that its Board of Directors will be meeting this week to consider the possibility of paying an interim dividend.

Bharti Airtel (“Airtel”), a leading telecommunications services provider with operations in 20 countries across Asia and Africa, has signed a partnership Agreement with Air France which will enable customers to purchase flight tickets from the French airline via Airtel Money.

Leading telecommunications operator, Airtel Nigeria, has pledged its commitment to the growth and development of the nation’s economy through a sustained empowerment of the Small and Medium Enterprise operators (SMEs).

When the cabotage regime came on stream, the intention was to stimulate the development of indigenous capacity in the Nigerian maritime industry. Ten years down the line, many Nigerians are wondering whether the law has actually taken off as indigenous vessel owners, who the law was designed to protect, remain sidelined while foreign shipping companies hold sway.

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The recent extension of cash-less monetary policy by the Central Bank of Nigeria (CBN) to five states and the Federal Capital Territory (Abuja) is running smoothly as commercial banks are complying with the directives of the apex bank, even as the banking public is fast adapting to the new policy. The policy took off as pilot scheme in Lagos more than one year ago but has now extended to Abia, Anambra, Kano, Ogun, Rivers and the FCT.

Dr. Adesegun Akin-Olugbade, Executive Director, General Counsel, Africa Finance Corporation in this interview with Moses Nosike of Saturday Vanguard Business speaks on the need for power investment in Africa.

Nigerian Maritime Administration and Safety Agency that has blockaded liquefied natural gas exports for three weeks, costing $475 million in revenue, agreed Friday to end its action after resolving a fees dispute, the company said.

It is a twin problem coming simultaneously. It has shut down the nation’s tertiary institutions, sending many a student home indefinitely. It is the industrial strike action embarked upon by the Academic Staff Union of Polytechnics (ASUP) and Academic Staff Union of Universities (ASUU).

The United Nations Conference on Trade and Development, UNCTAD, has urged the Federal Government to increase support to the private sector while trying to reduce trade barriers between other African countries.

Nigerian Maritime Administration and Safety Agency (NIMASA) has stressed its commitment to the development of human capacity in the maritime sector, even as it disclosed that it has commenced placement of cadets onboard Cabotage vessels for the necessary experience.

The Nigerian Stock Exchange, NSE, has revealed plans to introduce a market-wide rule that will simultaneously halt price movement in all the listed equities for at least 30 minutes in event of extra-ordinary market volatility.

Governor Ibikunle Amosun, has urged the Federal Government to continue to evolve policies that will ensure food security in the country.

OPEC’s share of the world oil market will shrink in 2014 as rising supply of U.S. shale oil gives the exporter group little comfort from the fastest growth in world demand in four years. In a monthly report, the Organisation of Petroleum Exporting Countries forecast demand for its oil in 2014 would average 29.61 million barrels per day (bpd), down 250,000 bpd from 2013 and 770,000 bpd less than it produced in June.

ABUJA—House of Representatives Committee on Finance, Wednesday, rejected N384.9 billion operational loss recorded by the Nigerian National Petroleum Corporation, NNPC, between 2009 and 2011.