Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise in fuel stocks fuelled demand concerns amid worries of...
The federal government is considering suspending import duties on staple food, drugs and other essential items for six months to slow inflation in Africa’s most-populous nation....
Today, the Nigerian equities staged a rebound, recouping most of its prior session losses as the benchmark index ended 0.24% stronger to settle at 99,284.38. Gains...
The Nigerian Deposit Insurance Corporation (NDIC) says it will pay all the 2.3 million depositors of the failed Heritage Bank their insured benefits within one week....
Bearish sentiment extended in today’s trading session as the All-Share Index closed 0.07% lower to settle at 99,051.02 points. Selloffs in blue-chip ZENITHBANK (-3.03%), FBNH (-1.57%), and UBA (-4.11%) offset...
International energy and infrastructure conglomerate Sahara Group has announced a series of strategic appointments aimed at advancing the expansion of the group’s downstream business in Africa....
African Export-Import Bank and the Africa Petroleum Producers’ Organisation have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank...
Minister of Solid Minerals Development, Dr Dele Alake has said that his Ministry has mobilised Federal Mines Officers and officials of the Mines Inspectorate to the...
Africa Investment Forum has launched a series of investment roundtables to overcome Africa’s project bankability challenges and, ultimately, bridge its infrastructure investment gap. The Roundtables will...
Flight operations have resumed at the Murtala Mohammed International Airport as well as other airports in the country following the suspension of labour’s indefinite strike. Also...
