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Insurers’ recapitalisation deadline which was due on December 30th 2020 has been moved to September 2021. This fact is contained in a circular, titled, ‘Segmentation of...
Board of Directors of the African Development Bank (AfDB) has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the...
Swiss prosecutors have opened an investigation into the $2 billion loan scandal which tipped Mozambique into a debt crisis, the Office of the Attorney General (OAG)...
OPEC and its allies led by Russia will meet on Saturday to discuss extending record oil production cuts and to push laggards such as Iraq and...
Only110.7 million Nigerians out of a 195.8 million estimated population had access to electricity as of 2018, according to the latest global energy progress report. This...
The Standards Organisation of Nigeria (SON) has extended its technical support service towards fighting the coronavirus pandemic to Ivvyjustin Innovations Limited, manufacturers of alcohol based hand...
As part of measures to cope with the boom and bust cycle in the global crude oil market and to sustain revenue generation for the Country,...
Nigeria’s external reserves now stand at $36.57 billion, having increased sharply from $33.42 billion as of April 29, 2020. This development has given the Central Bank of Nigeria...
Crude oil prices dropped on Thursday, reversing gains in the previous session, on concern over whether major crude producers will be able to agree to extend...
Sterling Bank Plc has offered a safe option for investments in its Doubble.Ng product to discerning investors seeking double-digit investment income and safety in this period...
The Nigerian equities market erased yesterday’s gains as the All-Share Index declined 38bps to close at 25,312.05 points due to profit-taking in MTNN (-1.7%), GUARANTY (-2.0%) and ZENITH (-1.8%). Consequently, investors lost ₦50.1bn...
In line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum Corporation (NNPC), and the commitment to...
The price of Brent crude surged on Wednesday to a near three-month high amid optimism among investors and oil traders that major oil producers will extend oil production cut, as global...
As part of its efforts to fight COVID-19 in Nigeria, the private sector Coalition Against COVID-19 (CACOVID), has joined forces with traditional rulers and community leaders...
Momentum remains strong in the equities market as the All-Share Index advanced 10bps to close at 25,407.96 points, driven by gains in MTNN (+1.3%), ETI (+7.8%) and FBNH (+0.9%). Consequently, investors gained...