The value of the naira sank lower by 60 kobo against the value of the dollar at the inter-bank market on Monday, as a result of...
The Petroleum Product Pricing Regulation Agency PPPRA has disclosed that it has issued petroleum product import contracts to marketers for the second quarter. This is the...
Market Cap (N’bn) 6,656.23 Market Cap (US$’bn) 42.15 NSE All-Share Index 21,091.36 Daily Performance % 0.67 1 Week Performance % 2.29 YTD Performance % 1.74 Daily...
The Federal Government’s revised medium term revenue and expenditure strategy before the National Assembly does not appear to have any hope for the ordinary Nigerian. Rather...
An Italian and a British hostage kidnapped in May in Nigeria were killed on Thursday by their captors during a joint raid by British and Nigerian...
South Africa apologised to Nigeria on Thursday for deporting 125 Nigerians accused of trying to enter the country with fake vaccination certificates, seeking to defuse a...
Inflation concerns merged on Thursday as global food prices rose for a second straight month in February, the UN food index showed. World food prices were...
Nigerian Stock Market Statistics (Thursday, 8th March, 2012) Market Cap (N’bn) 6,684.65 Market Cap (US$’bn) 42.44 NSE All-Share Index 21,181.42 Daily Performance % 0.54 1 Week...
The Honourable Minister of Petroleum Resources, Deziani Alison-Maduekwe, has granted consent assigning 45 per cent of participating interest of SPDC, TEPNG and NAOC in OML-40 to...
The House of Representatives on Wednesday resolved to invite Mallam Sanusi Lamido Sanusi, Central Bank of Nigeria governor to explain to it, where he derived his...
Market Cap (N’bn) 6,639.78 Market Cap (US$’bn) 42.19 NSE All-Share Index 21,068.34 Daily Performance % 0.68 1 Week Performance % 4.70 YTD Performance % 1.63 Daily...
In a new comment, Fitch Ratings says that the partial removal of the fuel subsidy in Nigeria from 2012 will likely result in extra resources of...
The naira appreciated against the U.S dollar on the inter-bank market on Wednesday, as a result of the large dollar sales by NNPC to some banks...
British oil firm Afren said it hoped to bring a field discovered in Nigeria in January into production in the “near-term”, after tests on the oil...
Chevron Corp. said on Tuesday that a raging fire that followed a gas explosion at its Funiwa well just off the coast of Nigeria had gone...