Shell Commences Trans-Forcados Pipeline Testing After months of repairs, Shell Petroleum Development Company (SPDC) has started testing the Trans-Forcados crude export pipeline for a potential restart,...
FG Plans Fresh Concession of Lagos-Ibadan Expressway The Federal Government is considering a proposal to involve the former concessionaire of the Lagos-Ibadan Expressway, Bi-Courtney Highway Services...
Oil Rebounds Above $50 as US Stockpile Drops Oil rebounded on Wednesday following a report that the US stockpile dropped to its biggest one-week low this...
Investors With Fake Names to Forfeit Shareholdings — SEC The apex regulator of the Nigerian capital market, the Securities and Exchange Commission, has said shareholders who...
N143bn Budget Hike for Federal Roads, Amnesty, N’Assembly, Others Some key federal road projects are to benefit from the over N143bn added to the 2017 budget...
Draghi Says Too Early to Declare ECB Success as Growth Firms Mario Draghi said the European Central Bank’s stimulus hasn’t finished the job yet, even as...
China’s Factory Prices Ease as Commodity Market Surge Abates China’s producer price gains slowed more than expected in April, adding to signs of a potential easing...
Equities Gain N117bn, CIS Reviews Certification Model The equities market on Tuesday appreciated by N117bn as the Nigerian Stock Exchange market capitalisation closed at N9.249tn from...
Dangote Sugar Commits to Backward Integration Dangote Sugar Refinery (DRS) is Nigeria’s largest producer of household and commercial sugar with 1.44 million tonnes of refining capacity....
Black Market Is Cheaper Than Official Naira Rate Nigeria’s new currency market is showing just how severe the country’s dollar shortage is. The naira is falling...
