Stock Market Rebounds, Gains 2.5% on Renewed Optimism The stock market shrugged losses of the previous week and closed 2.47 per cent higher last week as...
FG Lost $6bn to DPR’s Poor Administration of Divested Oil Blocks The federal government lost an estimated $6 billion as a result of the Department of...
Heritage Bank, Firm Seal N232m Deal on Oil Palm Production Heritage Bank Plc has signed a N232million agreement for the pilot phase of its out-growers agreement...
FG Supports 327,000-tonne Iron, Steel Plant The Federal Government has announced its support for the establishment of a 327,000-tonne iron and steel plant as part of...
Refineries Now Supplying 60% kerosene Demand – NNPC The Nigerian National Petroleum Corporation on Sunday said that its refineries in Port Harcourt, Warri and Kaduna were...
Forte Oil’s Outlook Stable, Say Rating Agencies Foremost ratings and research agencies, Agusto & Co and Global Credit Rating Co, have affirmed Forte Oil Plc’s investment...
Floods: Lekki, VI May Lose Attraction, Say Experts The recent flooding experienced in some parts of the country, especially in Lagos, has raised fears that petroleum...
Dokpesi Blames Recession for DAAR Communication’s N2.1bn Loss The Chairman of DAAR Communications Plc, Chief Raymond Dokpesi (Jnr), has blamed the huge operating loss of N2.13bn...
CBN Special Forex Window Attracts N2.715tn Investments The Nigerian equities market has attracted N2.715tn investments owing to the foreign exchange window for investors and exporters introduced...
Crude Oil Prices Averaged $48/b Early July Crude oil prices – that is, Brent crude, Bonny Light crude and WTI Midland crude- averaged $48.07 per barrel,...