03 August 2018 ( Lagos )

FG generates N1.4tn from operating surplus in 11 years: More than N1.4tn has accrued to the Federal Government through the payment of operating surplus by Ministries, Departments and Agencies since the enactment of the Fiscal Responsibility Act in 2007, the Fiscal Responsibility Commission has said.( Source:Punch )

External reserves lost $669m in July ? CBN: The nation’s external reserves fell by $669m last month, data from the Central Bank of Nigeria showed on Thursday.( Source:Punch )

Expedite action on minimum wage bill, labour tells FG: The United Labour Congress has urged the Federal Government to expedite action on the outcome of the National Minimum Wage Negotiating Committee as it submits its report next week by preparing and forwarding the new national minimum wage bill to the National Assembly.( Source:Punch )

Dangote oil refinery poses threat to European plants: The crude oil refinery being built in Lagos by Dangote Industries Limited is a threat to refineries in Europe, which Nigeria relies mostly on for fuel imports, a global provider of energy and commodities information has said.( Source:Punch )

World Bank to support Nigeria on economic growth:  The World Bank has indicated its willingness to provide technical support for Nigeria in critical areas to facilitate her economic growth and development.( Source:Punch )

Notore’s Listing Boosts NSE Market Capitalisation by N101bn:  The market capitalisation of the Nigerian Stock Exchange (NSE) got a boost by N100.75 billion yesterday, following the historic listing of 1.612 billion ordinary shares of Notore Chemical Industries Plc (Notore) at N62.50 per share.( Source:Thisday)

CBN Introduces Intervention Programmes to Support Economy: The Sokoto State Branch Coordinator of the Central Bank of Nigeria (CBN), Alhaji Dahiru Usman, has said the bank has introduced some strategic intervention programmes to support the Nigerian economy.( Source:Thisday)

Projects: Fed Govt to refund N489b to 21 states: AGOS and Akwa-Ibom states top the list of 21 states the Federal Government will refund N489 billion spent on federal projects, senator representing Anambra Central Chief Victor Umeh said this yesterday.( Source:The Nation)

NSE lifts Fidson to medium-price stock: The Nigerian Stock Exchange (NSE) yesterday reclassified Fidson Healthcare Plc from low-priced stock to a medium-price, enhancing the price discovery and trading liquidity for the healthcare company. The reclassification took effect from August 1, 2018.( Source:The Nation)

Investors gained N128.5bn as market rebounds:  Investors in the equities market of the Nigerian Stock exchange gained N128.5bn as market capitalisation grew to N13.4tn at the close of trading yesterday.( Source:Thisday)

NPA to open eastern ports with N1bn investment – Usman: The Managing Director of the Nigerian Ports Authority  (NPA), Hadiza Bala Usman, has expressed the agency’s willingness to open up the eastern ports with N1 billion investments.( Source:Thisday)

Economic reforms: $84bn investments recorded in 18 months — Osinbajo: An update received from the office of the Vice President of Nigeria on the state of foreign investment inflow into the economy has indicated that about $83.9 billion worth of investments were announced between January 2017 and the end of the first quarter of 2018, Q1’18.( Source:Vanguard)

Reporting for EasyKobo on Friday ,03 August 2018 in Lagos, Nigeria