Equities halt losses as market capitalisation rises by N5 billion







Following gains recorded by many blue-chip stocks, the equities market halted its losing streak, closing in an upbeat, yesterday, and causing market capitalisation to appreciate by N5 billion. At the close of trading yesterday, the All-Share Index (ASI) increased by 10.32…..









April 2023 completion of $1.5bn PH refinery repairs achievable – Reps committee







The House of Representatives Committee on Petroleum Resources Downstream has said the April 2023 completion of repairs on the $1.5billion Port Harcourt refinery was achievable.This is as the committee charged all stakeholders to give their maximum support to ensure that the rehabilitation continues unhindered. The House Committee Chairman, Abdullahi Gaya, stated this during the committee’s visit to the Port Harcourt Refinery…..





DMO: Naira strengthened by $15.668b external borrowing









The Debt Management Office (DMO) has disclosed that Nigeria’s $15. 668 billion external borrowing contributed in strengthening the Naira in the foreign exchange (forex) market. Director-General of the DMO, Ms. Patience Oniha, who spoke yesterday at a workshop on Understanding Nigeria’s Public Debt Management organised for The Secretariats of the Senate Committee on Local and Foreign Debts and House Committee….









Omicron: NCAA lists new boarding rules, airlines risk ban