Nigeria’s foremost indigenous major marketer of refined petroleum products, Forte Oil plc (formerly AP Plc) presented its financials to the investing public at the Nigerian Stock Exchange’s ‘FACTS BEHIND THE FIGURES’ session today. Led by the Group Chief Executive of the firm, Mr. Akin Akinfemiwa; who prior to the event had […]
Tag: Nigeria
Naira Hits Year Low as Market Waits on Central Bank: Lagos Mover
Nigeria’s naira retreated for a third day, set for its lowest closing level in more than a year, in the absence of central bank intervention and foreign-exchange sales from oil companies. The currency of Africa’s biggest crude producer declined 0.7 percent to 163.35 per dollar as of 2:24 p.m. in […]
FEC approves $200m loan for Fadama III project
The Federal Executive Council (FEC) approved for the country to borrow an interest free loan of $200 m from the International Development Agency to accelerate the Fadama III project across the country. Minister of Information, Labaran Maku who disclosed this while briefing state house correspondents after the meeting said the […]
