The Organisation of Petroleum Exporting Countries (OPEC) and its allies called OPEC+ has requested the Joint Technical Committee (JTC) to closely monitor…
News
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Shareholders of Jaiz Bank Plc are to receive a total of N884million dividend payment subjected to appropriate withholding tax. The Chairman of…
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The acting Managing Director of the Niger Delta Development Company (NDDC) Prof. Kemebradikumo Pondei and his team on Thursday, walked out on…
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NewsOil and Gas
NNPC gives conditions for relocation of tank farms, petroleum products depots from Ijegun Egba, Kirikiri
By Omoh Gabriel The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations…
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The Nigeria Labour Congress (NLC) says 37.8 billion dollars will be needed as Global Fund for Universal Social Protection for the first…
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Europe’s second-highest court on Wednesday rejected an EU order for Apple (AAPL.O) to pay 13 billion Euros (15 billion dollars) in Irish…
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Ecobank, has won Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability…
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The domestic equities market closed positive for the first time this week as the All-Share Index rose 6bps to settle at 24,130.26 points following bargain hunting in AIRTELAF (+3.4%),…
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The Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) has directed all duly registered stevedoring companies with operational areas allotted…
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BusinessEconomyNews
73% of Nigerian SMBs on Facebook remain optimistic, despite the COVID-19 pandemic – Report
Facebook has published the Global State of Small Business Report. Compiled in partnership with the World Bank and the OECD, it surveyed…
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BusinessEconomyFinanceNews
Afreximbank disburses $3.55bn to cushion impact of COVID-19, $300m to stimulate intra-African Trade
The African Export-Import Bank (Afreximbank), has disbursed a total of $3.55 billion to the Egyptian Banking sector under its Pandemic Trade Impact…
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BusinessEconomyNews
Okonjo-Iweala urges US not to leave WTO as APC Govs Forum Chairman canvasses support for her
Okonjo-Iweala has urged U.S. President Donald Trump, or his successor, not to leave the Geneva-based body in a press briefing saying that…
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SAP has appointed Claudio Muruzabal as the new President for SAP’s EMEA south region that comprises Southern Europe, the Middle East and…
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The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise…
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The local bourse sustained previous day’s loss as the benchmark index declined 34bps to close at 24,117.40 points following price depreciation in GUARANTY (-3.2%), ZENITH (-3.7%) and…