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Crude prices settled at a four-year low with brent crude settling at $30 a barrel for below the 2020 Nigeria’s budget bench mark of $57 per...
The Central Bank of Nigeria (CBN) said that the interest rates on all applicable apex bank’s intervention facilities have been reduced from 9 per cent to...
The domestic bourse opened the week negative as sell pressures in FBNH (-7.5%), WAPCO (-6.1%) and DANGSUGAR (-3.0%) pulled the All-Share Index down 12bps to 22,705.19 points. Consequently, market capitalisation shed ₦15.1bn to close...
The Lagos State government has set up a N2billion relief fund for the victims of the Abule-Ado gas explosion in Amuwo Odofin Local Government Area. The...
By Kristalina Georgieva While quarantining and social distancing is the right prescription to combat COVID-19’s public health impact, the exact opposite is needed when it comes...
The Standards Organisation of Nigeria (SON) and the Nigerian Electricity Regulatory Commission (NERC) are set to rekindle the existing collaboration between the two agencies to promote...
Access Bank has completed the listing of its N15 billion green bond on the Luxembourg Stock Exchange (LuxSE). The 15.50% fixed rate, unsecured climate-credential green bond...
The Nigerian National Petroleum Corporation (NNPC) has confirmed that the explosion that rocked havoc at Abule Ado in Lagos was triggered by gas explosion. According to...
United Bank for Africa, UBA has assured Nigerians that the bank has taken necessary measures to protect its workers as well as customers. In a personal...
In continuation of the disbursement of start-up grants by the Edo State Government, 450 agripreneurs in Esan South-East Local Government Area (LGA) of the state, have...
Stakeholders in the maritime industry have lauded the new executive management team appointed by President Muhammadu Buhari for the Nigerian Maritime Administration and Safety Agency (NIMASA)...
Gold futures fell sharply on Friday for a fourth session in a row, posting a weekly loss of more than 9%–the largest since September 2011. “It...
Facebook Inc and Twitter Inc said they had taken down a network of Russian-linked fake accounts operated out of Ghana and Nigeria which targeted the United...
The new Africa presents the continent’s youth with an excellent battleground to join and wage the economic struggle that will finally liberate Africa, Prof. Benedict Oramah,...
The Central Bank of Nigeria has said that it has not devalued the Naira and warned currency speculators and their collaborators that the apex bank will...