Morning Beats

Major oil stocks plummet on NSE

Major oil stocks posted price depreciation on the Nigerian Stock Exchange ( NSE ) on Monday just as the market indices recorded marginal growth of 0.02 per cent.The Nation

MDXI okays N2.5b for expansion

An indigenous information technology (IT) firm, MDXI said it has set aside N2.5billion for the expansion of its foothold in the country.The Nation

Global Accelerex unveils Android PoS terminal

A Central Bank of Nigeria (CBN) licensed payment terminal service provider, Global Accelerex, has unveiled NEXGO N5, the first single unit Android point of sale (PoS) terminal to be certified for payment acceptance in Nigeria.The Nation

Solving GE’s narrow gauge conundrum

Twice, the American firm, General Electric (GE) was penciled to roll out operations on the 1,100 kilometres Lagos-Kano narrow gauge track, one of its concessioned networks last year. But on both occasions, it failed. The first time was in May, while the second was December 2017.The Nation

Our $5b investment under threat, say investors

fish giants have begged the Federal Government to save their investments of over $5 billion from imminent collapse.The Nation

Naira remains stable against Dollar, Euro

The Naira on Monday remained stable as it traded at N362 to the dollar at the parallel market, same amount it was sold last Friday.

Oracle expands service level agreements

Oracle said it has expanded the breadth and depth of its enterprise service level agreements (SLAs), delivering a superior experience to customers and help enterprises that want to shift critical workloads to the cloud.The Nation

  

ANLCA chief seeks quick cargo clearance

The Chairman, Association of Nigerian Licensed Customs Agents (ANLCA) Onne Chapter, Chief Kingsley Offor, has solicited for support of members and other stakeholders for effective service delivery and smooth cargo clearance at ports.The Nation

NCC hopeful on 30% broadband rollout

The Nigerian Communications Commission (NCC) has expressed optimism on achieving the 30 per cent penetration in the country targeted by the National Broadband Plan.The Nation

FG links Kaduna Fair to Industrial Revolution Plan
The Federal Government, has said that the on-going Kaduna International Trade Fair is well-timed and aptly linked to the nation’s industrial revolution plan.Vanguard

Shareholders seek extension of free e-dividend registration
Shareholders of quoted companies in the country, under the aegis of Proactive Shareholders of Nigeria, PROSAN,Vanguard

IOSCO warns on regulation of virtual currencies
The International Organisation of Securities Commissions, IOSCO, has cautioned its member countries over regulation of crypto-currencies – bitcoins and other virtual currencies

Banks’ lending to private sector to rise by 6.3%
Banking sector lending to the private sector will rise to N16.7 trillion this year, up by 6.34 percent, from N15.7 trillion recorded in 2017.