Transactions on the Nigerian Exchange Ltd., (NGX) on Wednesday maintained a positive posture with the market indices increasing by 1.25 per cent due to gains recorded by some blue chip companies.

The Naira exchanged at 418.33 to the dollar at the Investors and Exporters window on Wednesday, representing a 0.32 per cent depreciation, compared to 417 naira to the dollar recorded on Tuesday.

The Nigerian Ports Authority (NPA) on Wednesday said 29 ships carrying 204, 031 metric tonnes of petrol and other products were expected to arrive at Lagos ports.

A total of 101 staff from various subsidiaries of SIFAX Group have undergone different pieces of training in the first quarter of 2022.

The Nigeria Railway Corporation, (NRC) has stated that the Abuja-Kaduna Train Service, (AKTS) will resume operation soon. 

Fidelity Bank and the Non Academic Staff Union, NASU, University of Ibadan Chapter, are in a financial quagmire.

TeamApt, one of Nigeria’s leading Fintechs is relaunching its product, Moniepoint, as a business bank.

The Lagos Chamber of Commerce and Industry (LCCI) says the persisting Russia-Ukraine war will trigger shocks in the manufacturing and agricultural sectors in the second quarter of 2022.

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production declined to an average of 1.354 million barrels per day in March 2022.

The Naira exchanged at 416.62 to the dollar at the Investors and Exporters window on Tuesday, representing a `Negative 0.09’ percent appreciation, compared to N417 to the dollar recorded on Monday.

…As Ekiti CARES boosts healthcare services, water and sanitation in communities

Ekiti State Governor Dr Kayode Fayemi on Tuesday distributed cheques worth N360 million to 24 Communities in the state as part of efforts to cushion the effect of Covid-19 pandemic on the poor and vulnerable as well as ensure reduction of poverty to the barest minimum in the State.

Crown Flour Mill Limited (CFM), the flour milling unit of Olam, an agribusiness conglomerate, has extended the impact of its latest wheat value chain development programme to the education sector. As part of its Seeds for the Future programme, the firm recently reconstructed Biyamusu Primary School, in Ajingi Local Government Area of Kano State, to ensure the pupils gain access to a conducive and richly stimulating learning environment in their formative years.