15 March 2019

Nigeria, US trade hits $35bn: Nigeria and the United States have been very good partners with about $35bn worth of trade between the two countries, the Group Managing Director, Nigerian National Petroleum Corporation.(Source: Punch)

FG implements 140 reforms in three years –PEBEC: The Federal Government has implemented over 140 reforms in the country in the last three years.(Source: Punch)

Stock market reverses gains, reverts to losing streak: The Nigerian equities market has reverted to its losing trend, reversing gains recorded on Wednesday.(Source: Punch)

FG will recreate grazing reserves in Nigeria, says Ogbeh: The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, on Thursday, declared that the Federal Government would soon embark on the re-creation of grazing reserves across the country.(Source: Punch)

World Bank closes nominations for president: The World Bank’s Board of Executive Directors, on Thursday, announced the closing of the period for submitting nominations for the position of the next president of the bank.(Source: Punch)

MTN Nigeria revenue crosses N1trn mark: The MTN Nigeria has staked up its earnings in Nigeria with the 2018 full year service revenue hitting N1.04 trillion, about 17.2 percent over the N884.5 billion it recorded in 2017 financial year.(Source: Vanguard)

Movements in prices of cooking gas divergent as average petrol price drops: The National Bureau of Statistic (NBS) has reported a mixed development in average prices of Liquified Petroleum Gas, LPG, across the country but a decline in average price of premium motor spirit (petrol) in its survey for the month of February 2019 released yesterday.(Source: Vanguard)

Naira depreciates to N360.36/$ in I&E window: In spite of the 407 per cent rise in the volume of dollars traded, the Naira, yesterday, depreciated to N360.36 per dollar in the Investors and Exporters (I&E) window.(Source: Vanguard)

Shell sets carbon reduction targets: Royal Dutch Shell yesterday said it planned to reduce carbon emissions from its oil and gas operations and product sales by between two per cent and three percent  by 2021. This is the first time the oil major is issuing carbon footprint targets.(Source: The Nation)

Online shopping in Nigeria, others may hit $75b by 2025: Online shopping in Nigeria and other African countries could account for up to $75 billion in retail sales by 2025, a report by the McKinsey Global Institute has projected.(Source: The Nation)

737 Max 8: France accepts to analyse black box as Germany declines: Ethiopian Airlines said Thursday that the black box flight recorders from the Boeing 737 MAX 8 that crashed with 157 people on board, have been flown to Paris for analysis.(Source: The Nation)

AfDB Pledges $25bn to Climate Finance: The African Development Bank (AfDB) will double its climate finance commitment for the period 2020-2025, the Bank’s President, Dr. Akinwumi Adesina announced Thursday(Source: Thisday)

Slowdown in global economic growth to weaken oil demand, says OPEC: Organization of the Petroleum Exporting Countries (OPEC), has warned that slowing global economic growth would weaken oil demand for 2019, providing support to calls by some of the bloc’s members to extend price-bolstering crude production cuts set to expire in June.(Source: The Guardian)

UK vote to seek Brexit delay increases uncertainty: German industry: A vote by Britain’s parliament to seek to delay when it leaves the European Union only adds uncertainty about timing to an already difficult situation, Germany’s DIHK industry group said in comments published by German media on Friday.(Source: Reuters)

BOJ keeps policy steady, cuts view on exports and output: The Bank of Japan kept monetary policy steady on Friday and offered a bleaker assessment of exports and output, nodding to heightening overseas risks that could threaten to derail a fragile economic recovery.(Source: Reuters)

Reporting for EasyKobo on Friday , 15 March 2019 in Lagos, Nigeria