Nigeria’s dollar-denominated government bonds fell on Friday ahead of a review of its credit rating by S&P Global, after the West African oil producer was downgraded...
Oil prices fell more than 2% on Friday in a volatile session, after strong U.S. jobs data raised concerns about higher interest rates and as investors...
To boost access to finance for smaller businesses in Nigeria and to support increased trade, IFC today announced a partnership with Union Bank of Nigeria Plc...
Nigerian equities extended the bullish run as the benchmark index gained 0.93% to settle at 53,998.12 points, the highest point since 27 May. Gains in MTNN (+3.78%)...
A Federal High Court sitting in Port Harcourt, Rivers State, has remanded the Director of a Nigerian Gas Company, Charles Rudolf Epelle in the custody of...
The Central Bank of Nigeria (CBN) has directed banks to commence the payment of the redesigned Naira notes over the counter, subject to a maximum daily payout limit of...
More than 11,000 Nigerians from the oil-producing Niger Delta have filed a compensation claim against Shell at the London High Court, the latest step in a...
Nigeria’s finance minister Zainab Ahmed said on Thursday she disagreed with what she called a “surprise” downgrade of the country’s credit rating by Moody’s, insisting the...
Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices...
Starting the new month, the local bourse extended the bullish run for the fourth consecutive session as the All-Share index gained 0.49% to close at 53,499.68 points...
The Nigeria National Petroleum Company Limited (NNPCL) says it has taken over the operation of Production Sharing Contract (PSC) assets from Addax Petroleum Development Nigeria Limited....
The Nigerian National Petroleum Company Limited (NNPC Limited) on Tuesday engaged with the oil marketers and security agencies to find ways of addressing the lingering fuel...
Moody’s Investors Service, an international rating agency, has downgraded nine Nigerian banks following its downward review of Nigeria’s rating last week. The downgraded banks are Access...
Dangote Industries Limited (DIL) has signed an agreement with China Sinoma International Engineering to build a six million tons per annum cement plant in Itori, Ogun...
CBN has directed banks after its meeting with Bankers Committee as follows: *No Bank is authorised to pay out OLD NOTES again via ATMs or in...