Chinese oil companies and private refiners have started increasing crude oil purchases from the Middle East, Africa and the Americas...
Chinese officials consider Elon Musk a potential buyer for TikTok’s US operations if the company fails to fend off the...
The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting persistent challenges in the country’s...
Members of the Lagos State House of Assembly have impeached Speaker Mudashiru Obasa, accusing him of multiple frauds. The lawmakers...
Crude oil production rose to 1.51 million barrels per day (bpd) in Africa’s largest economy in December 2024, the highest...
Nigeria’s upcoming GDP rebasing is set to reshape the nation’s economic narrative, with emerging sectors such as fintech, digital services,...
Nigeria secured $7.6 billion in investment interests at the just concluded Africa Investment Forum (AIF) held in Rabat, Morocco, in...
First Bank of Nigeria is charting a bold course for its Pan-African growth strategy with Ethiopia and Angola emerging as...
More manufacturers are opting for captive power as the national grid continues to struggle despite billions being spent on it...
Buratai Hails Innoson for Producing IVM G12 Military Vehicle Nigeria’s foremost indigenous auto plant, Innoson Vehicle Manufacturing Limited, has broken new grounds in fulfilment of its...
Naira to Trade Tight on CBN’s Measures The naira is expected to trade in a tight range at the official and parallel markets next week as...
Operators Holding Back Investments, Reducing Drilling The Managing Director/Chief Executive of Total Exploration and Production Nigeria Limited, Nicholas Terraz, says the current challenging economic environment is...
P’Harcourt Refinery Set to Commence Aviation Fuel Production The Port Harcourt Refining Company is set to commence the production of Aviation Turbine Kerosene, popularly known as...
Develop New Data Collection Methods, Udoma Tells Statisticians The Minister of Budget and National Planning, Senator Udo Udoma, on Friday tasked statisticians to come up with...
Nigeria Proposes Jail Time, Fines as It Tries to Bolster Naira Nigeria plans to give the central bank more power to control capital flows and prevent...
Draghi Says Recovery Still Highly Reliant on ECB Policy Support European Central Bank President Mario Draghi said the recovery in the 19-nation euro area isn’t yet...
ASEA, CISI Partner to Promote Professionalism in Capital Markets The African Securities Exchanges Association (ASEA) and the Chartered Institute for Securities & Investment (CISI) have signed...
Oil-producing States to Support Market Development in Niger Delta The Deputy Governor of Imo State, Prince Eze Madumere, has reiterated the commitment of oil producing states...
AfDB Records $33m in Penalties Against Corrupt Entities About $33 million presently lodged in the Escrow account of the African Development Bank (AfDB), are from penalties...
