Chevron Corp. left workers pleading to be evacuated from a gas exploration platform off Nigeria which kept drilling as smoke poured from…
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Shares of United Bank for Africa (UBA) surged to a two month high after the bank said pre-tax profit for the first…
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The naira slides to its lowest in a week against the U.S dollar at the inter-bank market on renewed demand for the…
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EconomyNewsOil and Gas
Nigerian Content, Shell, equipment manufacturers to inject $62m into oil and gas sector
The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company have signed an agreement with five equipment manufacturers to…
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The equity trading on the Nigerian Stock Exchange (NSE) on Tuesday witnessed a downturn following price losses suffered by some blue chips.…
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Stanbic IBTC Bank will hold a court ordered meeting of its shareholders to adopt a holding company structure, the bank said in…
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The Supreme Court in Abuja on Tuesday confirmed Akwa Ibom as the owner of the 76 offshore oil wells claimed by Cross…
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Minister of Finance and Coordinating Minister for the Economy Dr Ngozi Okonjo-Iweala, has cautioned that the rising public sector wage bill could…
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The National Association of Nigerian Traders on Tuesday advised the Federal Government to study the impact assessment report on the Economic Partnership…
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Market Cap (N’bn) 7,084.15 Market Cap (US$’bn) 44.03 NSE All-Share Index 22,191.14 Daily Performance % 0.36 1 Week Performance % 2.87 YTD…
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Weekly transactions on the Nigerian Stock Exchange (NSE) resumed on positive note on Monday as many blue chips recorded price appreciation. Market…
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The naira firmed up against the U.S dollar on the inter-bank market and firmed marginally at the central bank’s bi-weekly auction on…
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Nigeria’s supreme court has ordered that Russia’s RUSAL, the world’s largest aluminium producer, be stripped of ownership of former state-owned Aluminium Smelter…
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EconomyFinanceNews
Stop illegal, wasteful expenditure, increase capital provision to 40 % CWP tells FG
By Omoh Gabriel Nigerians being represented by Citizens Wealth Platform will this morning be telling the federal government to increase the capital…
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Minister of Finance and Coordinating Minister for the Economy, Dr. (Mrs) Ngozi Okonjo-Iweala has disclosed that the federal government will set up…