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Daniel Anomietei

Daniel Anomietei

Gold
CHEMICAL & PETRO-CHEMICAL NEWSLETTER

Gold prices dipped to a four-week low on Thursday as the dollar firmed after robust weekly jobless data from the United States while investors awaited clarity on the progress of U.S.-China trade talks. Platinum jumped more than 1 ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling snapped a three-day rising streak and slipped on Thursday as concerns rose that Britain may be headed for a protracted Brexit delay. The upper house of Britain’s parliament started debating legislation to force Prime Minister Theresa May ...
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Ports
NEWSLETTER SHIPPING & PORT SERVICES

The Managing Director, Nigerian Ports Authority (NPA), Ms. Hadizah Bala-Usman, says the nation’s ports are now attractive and calls on the investors to improve on their patronage. Bala-Usman made this known during a three-day training for Maritime Reporters ...
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Kachikwu
NEWSLETTER OIL & GAS

The OPEC+ deal to curb oil production probably will be extended, “hopefully for another six months” beyond the end of June, Nigeria’s oil minister Emmanuel Kachikwu said. The agreement has stabilized the oil market and easing the curbs ...
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Old Mutual
INSURANCE & PENSIONS

Old Mutual, has launched its 2-in-1 Savings Plan for customers in Nigeria, especially young professionals and families. With a minimum monthly contribution of N5, 000, customers can save up funds for a period of five or 10 years ...
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9mobile
IT/TELECOM

An Abuja high court sitting has set aside matters on the sale of Etisalat Nigeria, the country’s fourth largest telecom network — which is now 9mobile — to Teleology Nigeria Limited. Binta Nyako, the judge, in a ruling, ...
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NCS
BUSINESS & ECONOMY

The Nigeria Customs Service (NCS), Onne Command, said it generated N94 billion revenue last year. Its Onne Command’s Public Relations Officer (PRO), Ifeoma Onuigbo Ojekwu, in a statement, explained that its Customs Area Controller (CAC), Onne, Comptroller Aliyu ...
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CBN
BUSINESS & ECONOMY

The Central Bank of Nigeria (CBN) has presented its 2019 budget proposal to the House of Representatives Committee on Banking and Currency. Presenting the budget proposals for 2019, the CBN Governor, who was represented by the Deputy Governor, ...
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Sterling
BANKING & FINANCE NEWSLETTER

Sterling held near the day’s highs on Wednesday as traders interpreted Prime Minister Theresa May’s announcement of cross-party talks with the opposition Labour party as a sign Britain could end up with close ties to the European Union ...
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Gold
CHEMICAL & PETRO-CHEMICAL NEWSLETTER

Gold prices slipped on Wednesday as stock markets rallied globally on hopes the United States and China could clinch a trade deal, while a weaker dollar limited bullion’s losses. Spot gold was down 0.3 percent at $1,289.46 per ...
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Oil
NEWSLETTER OIL & GAS

Oil prices were little changed on Wednesday even after U.S. government data showed a surprise increase in crude inventories, as OPEC-led output cuts and U.S. sanctions kept the supply outlook tight enough to hold futures near five-month highs. ...
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Oando
OIL & GAS

Nigerian oil company Oando aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips’ Nigerian assets, its chief executive Adewale Tinubu told Reuters. Oando has transformed itself in the past ...
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Budget
BUSINESS & ECONOMY

The Federal Government plans to finance Nigeria’s N1.859tn budget deficit in 2019 by introducing new taxes and adopting a concessionary financing system under its privatisation programme. The government also stated that the projected deficit, at 1.33 per cent ...
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Ghana
OIL & GAS POWER & ENERGY

The intermittent power cuts faced in some parts of Ghana is due to engineering works on pipelines transporting gas between Ghana and Nigeria, Bloomberg has reported, citing Chief Executive Officer (CEO) of the Ghana National Gas Company Limited, ...
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oil
NEWSLETTER OIL & GAS

Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more sanctions against Iran and further Venezuelan disruptions could deepen an OPEC-led supply cut, raising expectations prices could surpass $70 soon. The United ...
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Trade
BANKING & FINANCE NEWSLETTER

The pound fell on Tuesday as British Prime Minister Theresa May came under pressure to resolve the Brexit crisis by either calling an election or leaving the European Union without a deal. Lawmakers’ failure to agree on an ...
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Gold
CHEMICAL & PETRO-CHEMICAL NEWSLETTER

Gold prices were close to their lowest in around four weeks on Tuesday as robust economic data from the United States and China tempered concerns of a global slowdown, boosting the dollar and riskier assets. Spot gold was ...
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NCC
IT/TELECOM

The Nigerian Communications Commission (NCC) says it is working with the National Assembly to criminalise mobile phones sim card infractions. The Director, Compliance, Monitoring and Enforcement of NCC, Mr Efosa Idehen, made this known on Tuesday in Enugu ...
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Atlas Oranto
OIL & GAS

Following the signing of Definitive Agreements for the monetization of gas from Equatorial Guinea’s Alen Unit, pan-African oil and gas exploration and production company, Atlas Oranto Petroleum is planning to make a significant investment into the country’s backfill ...
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ExxonMobil
OIL & GAS

Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters. The potential ...
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