Edo, Chinese Firms Sign 5,500bpd Modular Refinery Deal The Edo State Government on Wednesday said it had signed a Memorandum of Understanding with a Chinese consortium...
Fuel Supply: We‘re Committed to Friendly Rates, Steady Delivery Amidst the current fuel crisis in the country, NIPCO, one of the leading petroleum downstream operators, has...
Nigeria’s Oil Production Hits 2.25mbd Nigeria’s daily crude oil production with condensates has increased to 2.25 million barrels per day (mbd), but with crude oil production...
Analysts Predict Monetary Policy Easing Analysts at WSTC Financial Services Limited in its 2018 forecast has predicted a 200 basis point (bps) reduction in the Monetary...
Nigeria to Grow by 2.5% in 2018 -World Bank The World Bank forecast Nigeria’s economy to expand at 2.5 percent in 2018, citing improved commodity prices,...
2018: Experts Bullish on Banking, Consumer Goods, Others As market operators and investment analysts project another rally in the equities market, they have picked Banking, Building...
Oil Rises Above $68, Highest Since May 2015 Global oil benchmark, Brent crude, extended its gains on Tuesday, trading near $69 per barrel on the back...
Nigeria Spends 34% of Revenue on Debt Servicing – DMO Nigeria spends 34 per cent of its revenues on debt servicing, the Debt Management Office has...
Lagos Assembly to Pass 2018 Budget by January 31 The Lagos State House of Assembly is to pass the state’s 2018 Budget Bill before the end...
Foreign Reserves Rise to 4-year High in January Rising global oil prices boosted Nigeria’s foreign reserves in January 2018, the reserves which rose by 50 percent...
