Oil Prices Rise on US Oil Inventories US crude oil inventories declined by 11.1 million barrels last week, according to the American Petroleum Institute (API). Experts...
Eni Discovers Huge Hydrocarbon in Wowo Field An Italian energy company, Eni, on Tuesday announced its affiliate, Nigerian Agip Oil Company (NAOC), has discovered a large...
CBN Instructs Banks Not to Accept Bills for Collection from Milk Importers The Central Bank of Nigeria (CBN) on Tuesday instructed Nigerian banks not to accept...
NCC Approves First 5G Network The Nigeria Communications Commission (NCC) said it has approved the trial of Fifth Generation services. Prof. Umar Danbatta, the Executive Vice...
Gokada Resumes Operation After Structural Reform Gokada, one of Nigeria’s motorbike hailing companies, has resumed operation following a structural reform announced by one of the founders...
US Fines Deutsche Bank $16 Million Over Corruption Charges Deutsche Bank has accepted to pay a fine of over $16 million for violating US laws by...
Kenya Joins League of Oil Exporting Countries as Controversy Brews Over Revenue Sharing Kenya has joined the league of oil-exporting countries after it exported its first...
Nigerian Stock Market Resumes Bearish Trend on Monday The Nigerian Stock Exchange (NSE) resumed bearish trend on Monday despite closing with 3.25 percent gain last week....
US Visa: United States Imposes Reciprocity Fees on Nigerians The United States has issued a notice of reciprocity fees payment on any Nigerian interested in visiting...
Manufacturing Sustains Expansion in August The manufacturing sector continues to expand despite recent headwinds. Activity in the sector grew for the twenty-ninth consecutive month in August,...