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When last week I said fuel subsidy should be removed once and for all because Nigerians are tired of the yearly ritual of fuel hike, the...
The U.S. Supreme Court agreed on Monday to decide if companies can be held liable in the United States for international human rights law violations, a...
Nigeria’s bond yields and interbank rates rose sharply on Tuesday as markets aligned after the central bank’s bigger-than-expected benchmark interest rate hike the previous day. Nigeria’s...
Nigerian crude oil differentials were steady on Tuesday as prices found a temporary floor due to supply glitches in key grades in a market characterised by...
Disruptions to BlackBerry services spread to Latin America on Tuesday, more than a day after users in Europe, the Middle East, Africa and India suffered extended...
Market Cap (N’bn) 6,356.21 Market Cap (US$’bn) 40.01 NSE All-Share Index 20,012.07 Daily Performance % (0.47) 1 Week Performance % (2.77) TD Performance % (19.21) Daily...
Royal Dutch Shell said its force majeure on Nigerian Forcados crude oil exports would be lifted by late-October or November if all repair works went to...
The naira strengthened sharply Tuesday after a surprisingly aggressive central bank interest rate hike on Monday designed to draw a line under the currency. The naira...
Pirates have hijacked a chemical product tanker and kidnapped the crew off the Nigerian coast, the International Maritime Bureau said on Tuesday, the latest attack in...
The Nigerian Economic Summit Group said its 2011 summit will be used to reinforce the need for “Attracting Foreign Direct Investment through Global Partnerships.” In a...
Year Rate (N:$) Depreciation/Appreciation (%) 1973 0.66 – 1974 0.55 -20.0 1980 0.55 0.0 1982 0.67 17.9 1984 0.76 11.8 1985 0.89 14.6 1986 2.02 55.9...
Royal Dutch Shell declared force majeure on its Nigerian Forcados crude oil exports on Monday due to a sabotage attack on a major pipeline. “The Shell...
The naira touched a new all-time low in the inter-bank market and weakened at the central bank’s official window yesterday It depreciated to N167.40 against the...
By Omoh Gabriel Aggrieved shareholders of Spring Bank Messrs Dapo Adeyemi –Bajo, Emmanuel Olyinka Sogelola, MRS Regina Udomesiet, Noah Ekanem, Promise Iwezor, one of the nationalised...
The furore, anger and emotions the planned removal of subsidy next year has evoked shows that Nigerians are yet to embrace the concept of change. Change...