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Bearish sentiments dominated the market in the last trading session as the All-Share Index lost 1.23% to close at 98,751.98 points. Selloffs in BUACEMENT (-10.00%), MTNN (-9.96%) and FIDELITYBK (-3.85%) outweighed gains in...
UTM Offshore Limited Chief Executive Officer, Mr. Julius Rone, has said that African nations must work hard to attract foreign investors in oil and gas industry...
MTNN Plc annual accounts for 2023 showed that it grew its revenue by 22.7 per cent to N2.5 trillion and mobil subscriber base to 79.7 million....
Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements for the second quarter while weighing...
Federal government of Nigeria has said that it has made payments exceeding $120 million to gas suppliers out of a total debt of $1.3 billion it...
Nigerian Upstream Regulatory Commission, NUPRC, has said that indigenous companies must demonstrate technical capacity, financial strength to tap into the opportunities offered by the divestment by...
Breaking the three days losing streak, the local bourse posted gains as the benchmark index advanced by 0.72% to close at 99,980.30 points. Gains in GTCO (+10.00%), ZENITHBANK (+7.86%) and FBNH (+1.27%), contributed...
Some communities hosting Oil Mining Lease, OML 11, in Rivers and Abia states have decried upsurge in illegal oil bunkering activities in their area, accusing a...
The bears continued to dominate the domestic bourse, as the All-Share Index sheds 1.31% to close at 100,582.89 points. Sustained selloffs in Teir-1 banking name, FBNH (-9.97%), GTCO (-8.75%) and...
In its bid to promote medical tourism and make more drugs and facilities readily available to Nigerians in needs of medicare, the federal government has secured...
In the face of dwindling international funding for hydrocarbon projects in Africa, the African Export-Import Bank, AfreximBank, on Wednesday, said that it has become the largest...
The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA, today handed over the ultra-modern complex housing the Institute of Marine and Transport Technology to...
Oil rich Kokodiagbene community, Warri south West local government area, Delta state has threatened to shutdown Chevron’s Utonana oil field if the oil giant fails to...
Africa’s Debt to Stay Above Pre-Pandemic Levels Through 2025,Africa’s public debt will stay above pre-pandemic levels in 2024 and 2025, with many countries still at risk...
U.S. Trade Representative Katherine Tai on Wednesday ruled out an agreement on World Trade Organisation dispute settlement appeals reform this week, but said WTO talks on...