The Egyptian Ministry of Petroleum and Mineral Resources said the country has found a new oil field in the shallow waters of Geisum concession south of...
Annual inflation in Nigeria rose for the ninth straight month in May, lifted by higher food and drug prices, National Bureau of Statistics has said as...
Nigeria will seek to unify its multiple exchange rate regime to generate more local currency from its dollar inflows and manage the rate in a sustainable...
The benchmark index appreciated 17bps to close at 24,972.82 points as investors cherry-picked bellwethers including NESTLE (+10.0%), ACCESS (+1.5%) and FLOURMILL (+4.4%). As a result, market capitalisation increased by ₦21.9bn to settle at ₦13.0tn while YTD...
United States Export Import Bank officials say they are looking at relief measures and opportunities for healthcare engagement in Africa. A virtual report meeting of the...
German government says it has assume premium payments of around EUR 19 million for the drought insurance offered by the African Risk Capacity (ARC) in response...
The Banker, a Financial Times publication that examine Top 1000 World Banks ranking has said that in 2019, the Africa continent’s banking industry accounted for less...
Oil demand is recovering from the greatest fall in its history in 2020, the International Energy Agency (IEA) said on Tuesday, but less flying due to...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has described as laudable, the decision of the Nigeria National Petroleum Corporation (NNPC) to make public its audited accounts...
Today, the All-Share index lost 9bps to close at 24,930.88 points due to price declines in MTNN (-0.9%), FLOURMILL (-6.7%) and FBNH (-1.9%). As a result, market capitalisation fell ₦12.2bn to settle at ₦13.0tn while YTD...