Residential and commercial properties in the Carolinas and Virginia sustained between $19 billion and $28.5 billion in damage, including damage resulting from storm surge and inland...
Standard Bank said the Nigerian central bank (CBN) may review a decision to penalise its West African unit for allegedly breaking the law in helping South...
China said on it was impossible to hold trade talks with the United States while Washington is imposing tariffs that are like “holding a knife to...
Brent crude extended gains from the highest level in almost four years as banks and trading houses formed a chorus of voices arguing that prices may...
Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), has said that 6,772 corporate bank accounts will be frozen for defaulting on tax payments....
The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced search rescue operations for the abducted 12 crew members onboard MV GLARUS owned by ALLISON Shipping...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has assured of the Agency’s commitment to ensuring that all beneficiaries...
Today, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index 0.3% lower to close at 32,451.27 points. As a result, market...
Brent crude oil price rose to $80.56 and major oil trading houses are predicting the return of $100 crude for the first time since 2014 as...
Hyde Limited, a global oil and commodities trading company and producer of premium lubricants in Nigeria, has launched a new retail station in Egbeda, Lagos. This...
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52million in that...
The Central Bank of Nigeria CBN has revoked the operational license of ailing Skye Bank Plc and set up a bridge bank called Polaris. CBN Governor...
An Italian judge sentenced two defendants in a Nigerian corruption case to jail in the first ruling on one of the oil industry’s biggest graft scandals....
More than 1,000 contractors are participating in the bids for 12 projects advertised by the Nigerian Railway Corporation (NRC). The corporation has opened the bids to...
In today’s trading session, gains in bellwethers – WAPCO (+9.9%), UBA (+4.0%) and ETI (+2.9%) drove the All Share Index (ASI) by 33bps to 32,480.89 points....