The recent surge in global oil prices has triggered concerns over an impending rise in the cost of refined petroleum...
Bureau De Change (BDC) operators in Nigeria are exploring merger options as a strategy to meet the Central Bank of...
The US dollar rose on Monday to a 14-month high against a basket of major currencies during the Asian trading...
Nigeria’s quest for energy self-sufficiency has gained momentum as the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) signed...
Delta Air Lines has announced the inclusion of Nigerian dishes in its in-flight menu for passengers traveling between Lagos and...
The proposed N350bn private placement by FBN Holdings Plc has sparked debates among shareholders, raising concerns about corporate governance and...
The Dangote Petroleum Refinery is expanding its crude storage capacity by an additional 6.29 million barrels, or 1 billion litres,...
The Central Bank of Nigeria (CBN) has announced an overhaul of its export proceeds repatriation policy and mandated compliance to...
Many Nigerians have expressed concerns over plans by the Nigerian Communications Commission, the country’s telecommunication regulator to assent to the...
Draghi Says Officials ‘Aren’t There Yet’ as ECB Keeps Stimulus Mario Draghi said policy makers are still waiting for inflation to catch up with the economic...
Euro’s Rally Eyes 2015 High as Traders Reload Long Positions The euro eyed its 2015 high as bets the European Central Bank will start unwinding its...
Bitcoin Community Cheers as Miners Back New Scaling Framework Bitcoin backers celebrated as the community embraced a new mechanism to improve usage and allow it to...
Greece Approved for $1.8 Billion Conditional Loan From IMF The International Monetary Fund agreed to a new conditional bailout for Greece, ending two years of speculation...
Aussie Dollar’s Rollercoaster Shows Dilemma Facing Central Banks Australia’s central bank whipsawed the nation’s currency this week, underscoring just how difficult policy makers are finding it...
Dollar Weakens on U.S. Politics; Equities Falter Stocks pared recent gains and the dollar sat at an 11-month low as investors assess an investigation into the...
Seven Banks ‘Hide N249.6b for Unknown Govt Officials’ A Federal High Court in Lagos yesterday ordered seven banks to remit to the Federal Government $793,200,000 (about...
NNPC Increases Gas-to-power by 64% The Nigerian National Petroleum Corporation (NNPC) yesterday said the average national daily gas supply to the nation’s power plants has risen...
Oil Dips After Rising Above $50 Oil prices dipped yesterday in United States (U.S.) trading, as nagging worries about abundant global crude supplies dragged prices lower...
Reps Seek Downward Review of Electricity Tariff The House of Representatives has decried the rising electricity tariff in the country. The lawmakers said the increases were...
