Morning Beats

Nigeria’s inflation drops to 11.23%

Inflation has dropped for the 17th consecutive times since January 2017, the National Bureau of Statistics (NBS) report indicates.The Nation

Osinbajo advises bourse on long term capital provision

The Federal Government has urged capital market operators to rise to the challenges of providing long term capital needed to fund development.The Nation

NAHCO assures higher return on business diversification drive

Nigerian Aviation Handling Company (Nahco) Plc would take advantage of Nigerian economic diversification and government policies to boost its business diversification and increase returns to shareholders.The Nation

Agric value to hit N91trl

Nigeria’s agricultural sector would be yielding about $256 million, (about N91trillion) by year 2050, an expert said yesterday.The Nation

High spectrum prices hit Nigeria, others

Spectrum prices in Nigeria and other developing countries are, on average, more than three times higher than in developed countries when income is taken into account.The Nation

Edmark to invest in real estate, unveils N5billion centre

Edmark group of companies, a multinational, has unveiled its state of the art international event centre in Lagos, just as it announced its venture into real estate business in Nigeria.Guardian

Lubricant producers petition Osinbajo on multiple import levies

Lubricant Producers Association of Nigeria (LUPAN), has petitioned the Vice President and Head, Economic Term, Prof. Yemi Osinbajo, over the demand for Administrative Charge of 10 Kobo per litre of base oil imported into the country.Guardian

High Cap Stocks gains push stock market indices by N39b

Equity transactions on the equity sector of the Nigerian Stock Exchange (NSE) reopened upbeat yesterday, following price gains recorded by most Highly Capitalised (High Cap) stocks, as market capitalisation rose by N39billion.Guardian

Manufacturers seek further reduction in Lagos Land Use Charge

Manufacturers under the aegis of Manufacturers Association of Nigeria, MAN, Ikeja branch, have called on the Lagos State government to further reduce the rates chargeable in the 2018 Land Use Charge, which came into  effect in March this year.Vanguard

Naira appreciates to N358/$

The Naira, yesterday, appreciated by 50 kobo to N358 per dollar in the parallel market.Vanguard

NSE Index rises by 0.30% amidst gains by blue chips

Equities trading on the Nigerian Stock Exchange, NSE started on Monday with a rise of 0.30 percent amidst gains by some blue chip companies across the sub sectors.Vanguard