The Nigerian Content Development and Monitoring Board (NCDMB) has signed an equity investment agreement with Duport Midstream Company for the establishment of an Energy Park in...
The Nigerian National Petroleum Corporation (NNPC) has called on members of the public to discountenance reports of a possible fire outbreak from a vandalized point on...
Federal Government has put the management of NSITF on indefinite suspension. The Managing Director/Chief Executive of the Nigeria Social Insurance Trust Fund (NSITF), Mr. Adebayo Somefun...
World Bank has said that Nigeria and Ghana have remained in the lower middle income countries classification while Benin, Tanzania and Algeria have joined the Lower...
The path to a COVID-19 vaccine has started to come into view this week, following the stock-moving disclosures of early-stage clinical data for two vaccine candidates...
The All-Share Index lost 90bps following price declines in GUARANTY (-5.3%), ZENITH (-5.7%) and UBN (-9.3%) to close at 24,374.40 points. Consequently, market capitalisation declined ₦115.1bn to ₦12.7tn while YTD loss worsened to -9.2%. Activity...
Dare devil pirates attacked Addax oil production vessel off Nigeria and kidnapped nine Nigerian nationals, its owner BW Offshore said. The floating production, storage and offloading...
The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80 per litre for Premium Motor Spirit, also known as petrol....
Buying interest in BUACEMENT (+8.5%), WAPCO (+5.0%) and STERLING (+9.6%) pushed the benchmark index up by 47bps to close at 24,595.05 points. As a result, YTD loss eased to -8.4% while market capitalisation appreciated...
South African petrochemicals giant Sasol has said it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to Chevron for an undisclosed...
