The Edo Police Command has denied reports of robbery attempt at the Central Bank of Nigeria (CBN), Benin. DCP Ayoola Ajala, Deputy…
Business News Report
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Oil and GasNews
Nigeria oil output 1.6m to1.7m bpd, in line with OPEC cut, crude oil price falls as U.S.-China trade deal prospects dim
Nigeria is producing 1.6 million to 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of the Nigerian…
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By Ikenna Lansar Aghaji Like the traditional market where a commodity’s final selling price is based on the decisions of two parties…
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FinanceEconomyNews
Fed’s Powell says interest rates will be on hold absent a material deterioration in economy
Federal Reserve Chairman Jerome Powell on Wednesday told Congress that interest rates are on hold absent a material deterioration of the economy.…
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Trading at the Nigerian Equities market saw a dip in prices of shares of three companies, Dangote Cement, Guaranty Trust Bank and…
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Africa Finance Corporation AFC, a leading infrastructure solutions provider in Africa, said that the African Development Bank Group (“AfDB”), Africa’s highest investment-grade…
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Visa said it will buy a significant minority stake in Nigerian payments platform Interswitch, creating “an instant acceptance network across Africa” that…
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The Supreme Court has upheld its earlier judgment, ordering the Nigerian National Petroleum Corporation (NNPC) to pay $22.6 million(N8.1billion) in damagesto BCE Consulting…
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Mitsubishi Motors Nigeria, has partnered with The Future Awards Africa, as it hosted nominees of the 2019 edition of the awards to a reception at…
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MaritimeNews
Better understanding of Maritime Transportation will facilitate economic growth – Dakuku
The Minister of Transportation, Rt. Hon. Chibuike Amaechi has disclosed that the Federal Government of Nigeria will ensure the maritime sector gets…
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The bulls dominated the equities market today as the ASI rose 0.5% to 26,456.39 points following price appreciation in DANGCEM (+1.0%), CCNN (+9.1%) and ACCESS (+3.8%). Consequently, YTD…
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Afreximbank President Prof. Benedict Oramah shakes hands with Ronnie Ntuli, Chairman of the board of Thelo DB, following today’s signing of a…
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Top global designers and brands will storm Lagos for the “Style by Zenith 2.0” Fair, the second edition of Zenith Bank’s highly…
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BusinessEntertainment
Edo showcases investment opportunities in China as Obaseki says he created 157,000 jobs
The Edo State Government has showcased investment opportunities in its tourism and cultural sector at the 2nd Blue Cube International Arts Festival…
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Lower prices and increasing competition for investment are driving many African states to make it easier and cheaper for overseas companies to…