Kachikwu Continues Oil Investment Overtures, Woos ExxonMobil on Local Refining The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has continued his drive to have...
Power Generation Drops to 108MW Over Heavy Rainfall, Others The national electricity grid witnessed another collapse on Tuesday that resulted in the drop in power generation...
Africa Finance Corporation Issues US$500 Mllion 7-year Eurobond Africa Finance Corporation (AFC) has issued a US$500 million 7-year Eurobond. The senior, unsecured Eurobond which carries a...
Malabu Oil Asks Court to Stop FG from Signing FID on $13.5bn Oil Project In a bid to protect its stake in the disputed Oil Prospecting...
FG to Release Implementation Roadmap for Economic Recovery Plan The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has disclosed that the implementation roadmap...
Gold Gains With Treasuries and Yen on Haven Demand Gold and Treasuries strengthened with the Japanese yen on lingering investor concern about global security risks and...
German ZEW Investor Confidence Rises More Than Expected in April German investor confidence rose more than anticipated, as Europe’s largest economy continues to gather momentum. The...
U.K. Retail Sales Drop Most Since 2011 as Inflation Bites U.K. retail sales fell the most since 2011 last quarter as consumers started to feel squeeze...
Saudi Arabia Said to Reduce Oil Output to Lowest Since January Saudi Arabia pared its oil production last month to the lowest since January, staying below...
Asia’s Big Private Banks Boost Assets Under Management to Record Asia’s biggest private banks boosted their assets under management to a record last year, rebounding from...