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The African Development Bank (AfDB) and the European Commission have signed five co-financing agreements to support road infrastructure projects in West Africa. It will also help...
The Nigerian National Petroleum Corporation, NNPC has denied allegations that it is selling fuel above the approved price at its depots saying that fuel is currently...
The Nigeria Extractive Industries Transparency Initiative, NEITI,in its latest report has expressed concern over the volatility in the monthly revenue allocation to Federal, States and Local...
Minister of Finance, Mrs. Kemi Adeosun, has suspended the Director-General of the Securities and Exchange Commission, SEC, Mr. Mounir Gwarzo, over allegations of financial misappropriation. In...
London Stock Exchange CEO Xavier Rolet is stepping down immediately and its chairman will not seek re-election, as the exchange tries to draw a line under...
Virtual currency Bitcoin continued its stratospheric rise on Wednesday, breaking through the $10,000 barrier for the first, a record of over 900 per cent gain in...
Shell Petroleum Development Company (SPDC) has denied a report by the Amnesty International alleging that a cache of thousands of internal documents suggested that the Anglo-Dutch...
ECOWAS Ministers of Finance have approved a draft integration instruments meant to enhance a common customs framework for the region. The ministers deliberated on the relevant...
The Central Bank of Nigeria (CBN) has injected $210million to boost liquidity in the inter-bank Foreign Exchange Market. Disclosing this in Abuja, the Acting Director, Corporate Communications...
The Managing Director, Nigerian National Petroleum Retail Limited, Mr Yemi Adetunji says the market shares of the company has grown to 14 per cent in 2016. Adetunji...
OPEC is heading for tougher-than-expected policy talks this week as its leader Saudi Arabia pushes to extend oil output cuts by nine months while non-member Russia...
Amnesty International has called for a criminal investigation into the alleged role of Royal Dutch Shell in human rights abuses in Nigeria’s oil-rich Ogoniland in the...
The Nigerian National Petroleum Corporation, NNPC, yesterday, said the Federal Government’s 2.3 million barrels per day crude oil projection for the 2018 Budget is achievable and...
The President of the African Development Bank Group (AfDB), Akinwumi Adesina, has launched the Presidential Youth Advisory Group (PYAG) to provide insights and innovative solutions for...
Fitch Ratings has assigned Nigeria’s USD1.5 billion 6.500% senior unsecured notes due 28 November 2027 and USD1.5 billion 7.625% senior unsecured notes due 28 November...