Geregu Power Plc has reported a profit before tax of N13.01 billion for the first quarter ended March 31, 2025. This represents a 40.57 percent decline...
The Federal Government has reduced the price of natural gas for power generation companies in a move aimed at easing the financial pressure on the electricity...
The Minister of Power, Adebayo Adelabu, has linked the recent improvement in Nigeria’s power grid stability to the ongoing implementation of the Presidential Power Initiative spearheaded...
Afreximbank has officially commissioned the $120 million African Trade Centre in Abuja to reinforce Nigeria’s ambition to become a key trade and investment hub under the...
Crude oil prices posted modest gains on Monday following a 5 percent year-on-year rebound in China’s March import volumes. The recovery was driven by increased in...
As of Monday, April 14, 2025, the Dollar to Naira exchange rate in Nigeria’s black market continues to reflect volatility, driven by persistent demand for foreign...
Goldman Sachs has raised its year-end price forecast for gold to $3,700 per ounce due to strong exchange-traded fund (ETF) inflows and increased central bank purchases....
The South African rand, Indonesian rupiah, and Colombian peso recorded losses last week as heightened trade tensions triggered renewed investor retreat from emerging markets. The sell-off...
The Federal Government has commended APM Terminals for committing $500 million to expand port infrastructure and an additional $10 million to deploy advanced cargo scanning technology...
Wema Bank Plc has announced plans to raise N150 billion through a Rights Issue of 14.29 billion ordinary shares at N10.45 per share as part of...