Swiss prosecutors have opened an investigation into the $2 billion loan scandal which tipped Mozambique into a debt crisis, the Office of…
News
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OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards…
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Only110.7 million Nigerians out of a 195.8 million estimated population had access to electricity as of 2018, according to the latest global…
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The Standards Organisation of Nigeria (SON) has extended its technical support service towards fighting the coronavirus pandemic to Ivvyjustin Innovations Limited, manufacturers…
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As part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain revenue…
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Crude oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able…
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Sterling Bank Plc has offered a safe option for investments in its Doubble.Ng product to discerning investors seeking double-digit investment income and…
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The Nigerian equities market erased yesterday’s gains as the All-Share Index declined 38bps to close at 25,312.05 points due to profit-taking in MTNN (-1.7%), GUARANTY (-2.0%) and ZENITH (-1.8%).…
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EconomyNewsOil and Gas
NNPC to unveil COVID-19 contacts-tracing App, deploys online petroleum products procurement solutions
In line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum Corporation (NNPC),…
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The price of Brent crude surged on Wednesday to a near three-month high amid optimism among investors and oil traders that major oil producers will extend oil…
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EconomyNews
COVID-19: Lagos traditional rulers give support to CACOVID to curb community spread of the virus
As part of its efforts to fight COVID-19 in Nigeria, the private sector Coalition Against COVID-19 (CACOVID), has joined forces with traditional…
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FinanceNewsStock Market
Investors in Nigerian Stock gained ₦12.8bn as market capitalisation settled at ₦13.3tn
Momentum remains strong in the equities market as the All-Share Index advanced 10bps to close at 25,407.96 points, driven by gains in MTNN (+1.3%), ETI (+7.8%) and…
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BusinessEconomyFinanceNews
Afreximbank partners International Trade Centre to assist African businesses to grow
Afreximbank is teaming up with ITC to train small-business owners and young entrepreneurs in Africa to trade with other African countries as…
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World Economic Summit Forum has said that starting from 2021 it will be holding a twin meeting in what it described as…
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Director Department of Petroleum Resources DPR, Sarki Auwalu said that DPR expects to have all completed bids for marginal oil wells within…