Nigeria National Petroleum Corporation, NNPC, has said that it has executed fully termed agreements for the renegotiated PSCs on 12th August 2022. NNPC in a statement...
Today, the local bourse posted losses as selloffs in MTNN (-0.5%), STANBIC (-3.3%), and UBA (-2.8%) dragged the NGX-ASI lower by 0.1% to 50,014.60 points. Consequently,...
The Nigerian banking industry attracted $1.47 billion as capital inflows in the first half of 2022, an increase of 109.8% compared to $698.2 million received in...
President Muhammadu Buhari has consented to the Nigerian Upstream Petroleum Regulatory Commission, NUPRC over ruling him and has thus reversed his earlier decision authorising Seplat Energy...
The Nigerian Shippers Council (NSC) has expressed optimism for a harmonious working relationship with its newly inaugurated board members. Mr Emmanuel Jime, NSC’s Executive Secretary, told...
BudgIT, a civic-tech organisation leading the advocacy for transparency and accountability in Nigeria’s public finance, has said that Abia, Adamawa, Ebonyi, Ondo and Taraba owe their...
Africa is getting just 12% of the finance it needs to manage the impact of climate change, a report on Thursday said, raising pressure on rich...
Oil prices rose more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas...
The West African Power Pool (WAPP) says it has concluded plans to create a Liquidity Enhancement Revolving Fund (LERF) for the ECOWAS Regional Electricity Market. The...
Edo State produced a total of 3.7m tonnes of mineral products in 2021, accounting for a considerable bulk of minerals feeding laterite produced in Nigeria in...
African Export-Import Bank and the SADC Business Council (SADC BC) have launched the SADC – Africa Trade and Investment Marketplace which aims to promote regional trade,...
PET Agro Farms,a Nigerian-based foreign firm, says plans are on to invest about N150 million in Nigeria via production and processing of oil palm, cashew, and...
Russian oil pipeline flows resumed to Central Europe on Wednesday, ending a six-day halt, after Hungarian group MOL paid transit fees owed to Ukraine, providing a...
Jumia Technologies said it was past peak losses and would focus on promotions, marketing and cost cutting in its quest towards profitability, driving its shares up...
In line with our expectation, bargain hunting in DANGCEM (+10.0%), INTBREW (+5.0%), and ZENITH (+0.9%) pushed the benchmark index higher today by 1.5% to 50,075.47 points....