During the holiday shortened week, selloff in MTNN (-2.67%w/w), ZENITHBANK (-0.28%w/w), TRANSCOHOT (-9.98%w/w) were the primary drivers of the weak performance of the broader index, offsetting...
Central Bank of Nigeria (CBN) has hosted a dialogue between the Organised Private Sector (OPS) and the Bank’s leadership to explore strategies for enhancing Nigeria’s financial...
Multinational energy corporation Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSC) for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing...
The African Development Bank and Infrastructure Credit Guarantee Company Limited (InfraCredit) have signed an agreement for a $15 million subordinated loan facility to strengthen InfraCredit’s capital...
Two U.S. lawmakers have urged the United States embassy in Nigeria to seek the release of jailed Binance executive Tigran Gambaryan on humanitarian grounds because he...
Crude oil prices held near a seven-week high on Friday as the market balanced signs of improving U.S. demand and falling oil and fuel inventories versus...
UK state debt rose to levels not witnessed for more than 60 years in May despite lower-than-expected government borrowing, according to official figures. The data, which...
Beijing warned on Friday that escalating frictions with the European Union over electric vehicle imports could trigger a trade war, as Germany’s economy minister arrived in...
African Export-Import Bank and the Africa Centres for Diseases Control and Prevention have renewed their partnership with a new cooperation agreement announced today on the sidelines...
Chief Executive Officer Nigeria Upstream Regulatory Commission, Gbenga Komolafe has said that Nigeria is expanding the number of oil blocks slated for auction in its 2024...
The Global Environment Facility’s governing body has approved more than $700 million for nature protection and renewal projects, including support for the Great Green Wall and...
The Lagos bourse ended the session mixed, albeit with a bullish tilt as the benchmark index settled at 99,842.94 points. Gains in GTCO (+4.42%), UBA (+0.68%) and WAPCO (+0.63%) outweighed...
The Nigeria Extractive Industries Transparency Initiative (NEITI) is engaging stakeholders to review and validate Nigeria’s extractive industries’ 2023 Annual Progress Report (APR). NEITI executive secretary Orji...
Edo State Government has threatened tough sanctions for Federal Government mining officers in the State involved in issuing illegal authorization for the operations of borrow pits...
Starting the holiday shortened week, the Lagos bourse halted its winning streak as the All-Share Index lost 8bps to settle at 99,840.95 points. Sell pressure in...