French oil and gas major TotalEnergies has announced plans to reduce investments in low-carbon energy after net profit declined by 26% in the 2024 financial year....
Despite sustained macroeconomic headwinds, Conoil, MRS, Total Energies and Aradel posted a combined profit before tax (PBT) of N386.7 billion for the financial year ending December...
The Central Bank of Nigeria (CBN) has extended the temporary access granted to Bureau de Change (BDC) operators for purchasing foreign exchange from the Nigerian Foreign...
The pounds to naira black market exchange rate remains an essential reference for Nigerians engaged in foreign transactions. The parallel market rate often differs from the...
The dollar to naira black market exchange rate remains a critical indicator for individuals and businesses engaged in foreign transactions in Nigeria. With the official exchange...
The cost of Premium Motor Spirit (PMS) at private depots declined by N27 from N952 per litre to N890 on Monday. The price adjustment follows the...
OPEC’s crude oil production declined following a fire outbreak at Iraq’s Rumaila oil field in January, according to a Bloomberg report. The Organization of Petroleum Exporting...
Access Holdings Plc has announced the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its subsidiary, Access Bank Plc, effective January 7, 2025,...
The United States has reignited global trade tensions by imposing new tariffs on imports from China, Canada and Mexico despite the heightened global risk due to...
The Federal Government will spend N2.4 trillion on electricity subsidies in 2025, despite persistent power supply challenges and widespread outages affecting millions of Nigerians. The subsidy,...