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Nigeria Deposit Insurance Corporation has attributed its swift payment of depositors of the failed Heritage Bank to advanced technology and robust cybersecurity measures. The managing director...
Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday. Three of the sources said...
Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday. Three of the sources said...
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French major TotalEnergies announced the sale of its stake in 18 Oil Mining Licenses (OMLs) in Nigeria – the majority of which are onshore – to...
Nigeria’s central bank has sold $148 million in foreign exchange to 29 authorised dealer banks in the spot market to ease demand pressure, it said on...
Yam sellers in the Federal Capital Territory (FCT) on Friday appealed to the federal government to intervene in the arbitrary increase of yam prices as they...
Financial experts have raised concerns about the federal government’s proposed windfall tax on banks’ 2023 foreign exchange gains and its potential economic impact. They expressed divergent...
For the third consecutive session, the local bourse continued its descent, shedding 21bps to settle at 100,156.96 points. Further sell-offs in GTCO (-0.56%), FBNH (-2.79%), and...
Angry women of Nembe Kingdom in Nembe Local Government Area of Bayelsa State have vowed to embark on a larger protest on the expiration of their...
Oil prices edged up on Thursday after strong U.S. economic data stoked expectations for higher crude demand, but the gains were limited by concerns about lower...
The Nigerian Upstream Petroleum Regulatory Commission has inaugurated Metering Audit and Advance Cargo Declaration project teams to promote transparency and accountability in upstream oil and gas....
Nigeria equities market declined further today by 12bps to settle at 100,365.17 points. Selling pressure in GTCO (-0.11%), FBNH (-1.60%), and UBA (-5.07%) were the main...