OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters...
Bayelsa State government has said it generated N1.2 billion revenue internally for the month of March 2020. The figure is one of the highest collected by...
President Muhammadu Buhari has sought the approval of Senate for an external loan of 5.513 billion dollars to fund the revised 2020 Appropriation Act. Buhari’s request...
A Nigerian Dr. Wale Adeosun has emerged as one of the three winners of brilliant African innovations against COVID-19 Competition. The organisers of the competition in...
Today, the stock market halted the long run of successive gains as the All-Share Index fell 22bps to close at 25,166.01 points due to profit taking in UBA (-6.3%), ZENITH (-2.5%)...
The Rockefeller Foundation said that it will give three new grants to support organisations that are working with countries, communities and regions in Africa and Asia...
Former President Olusegun Obasanjo and Zainab Ahmed, the minister of finance, budget and national planning, have urged the board of the African Development Bank (AfDB) to...
MTN Nigeria Communications Plc has started its Commercial Paper (CP) Issuance, series 1 & 2 of N50 billion each, under its N100 billion CP issuance programme....
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 13.50% to 12.50%. Governor, CBN, Godwin...
Following the 2-day public holiday, the stock market resumed with a positive momentum as the All-Share Index advanced 7bps to close at 25,221.23 points, driven by gains in STANBIC (+10.0%), GUARANTY (+4.6%)...
In line with the newly endorsed protocols by the International Maritime Organisation (IMO] designed to lift barriers to crew changes, amid the coronavirus pandemic, the Management...
As part of its continued effort to mitigate the impact of the corona virus (COVID-19) on households, businesses and regulated institutions, the Central Bank of Nigeria...
The Financial Reporting Council (FRC) has launched its investigation into two Big Four audits of logistics and transport company Eddie Stobart. The investigation includes KPMG’s audit...
Stagnant European demand is said to offer little hope to sellers of Nigerian crude on Wednesday, as China and India continued to show the most appetite...
Nigeria’s Bonga crude oil export terminal has begun routine maintenance, its operator Shell told Reuters on Tuesday, adding it aimed to have the work done in...