In its financials for full year ended December 31, 2021, Group sales volume for Dangote Cement stood at 29.3Mt, with Nigeria accounting for 18.61Mt while operations...
(Reuters) – The cost of raising U.S. dollar funds in the euro swaps market rose sharply on Monday after Western nations ramped up sanctions against Russia...
The African Continental Free Trade Area (AfCFTA) has inaugurated a 14-member team to serve as its Trade and Industrial Development Advisory Council. A statement issued by the...
Chinese technology company, Hauwei Technologies on Tuesday said it had developed an intelligent pipeline monitoring system to help tackle crude oil theft in Nigeria. Mr Li...
The United States vowed on Tuesday to release 30 million barrels of oil as part of a global 60 million barrel pledge in an effort to...
The Edo State Government is in talks with the Government of Canada to harness the huge potentials in the state’s mining and tech space to boost...
Nigeria governors have kicked against a proposed electricity bill they perceived will be injurious to states in the country just as the Minister of Power Engr....
Central Bank of Nigeria has released its payment of N35 per dollar repatriated by exporter under its RT200 scheme. The scheme is to encourage exporters to...
The Russian central bank, which raised its key rate to 20% in an emergency move, did not carry out foreign currency interventions on Monday due to...
The National Pension Commission stated that 1,526 organizations had remitted a total sum of N4,047,499,080.64 into the Retirement Savings Accounts of their employees totalling 15,603. This...
Today, the domestic bourse commenced the week on a positive note, buoyed by gains in WAPCO (+2.5%), ETI (+5.3%), and ZENITH (+0.6%). Accordingly, the NGX-ASI rose...
The invasion of Ukraine by Russia began last week after months of military build-up and diplomatic activity: diplomacy failed. What are the implications for Nigeria’s financial...
The U.N.’s Intergovernmental Panel on Climate Change (IPCC) on Monday issued the second of three multiyear reports, following a release last November ahead of the COP26...
The United States, Britain and European Union leaders are targeting Russian banks as part of a new package of sanctions following Moscow’s invasion of Ukraine. Here...
Oil prices slipped on Friday after sharp rises earlier in the session on concern over potential global supply disruptions from sanctions on major crude exporter Russia....