
Nigeria targets $700m yearly from sugar backward integration Dangote Sugar Refinery Plc has urged the government to faithfully follow through with the Backward Integration...

Uber, Bolt, rideshare operators to see global revenue hit $12.4bn by 2022 After the pandemic blow that threw the global ride-sharing industry off balance in...

Oil rises on bullish API inventory report The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 439,000 barrels...

Crypto miners succumb to pressure to cut energy use Bitcoin miners in North America have agreed to form the Bitcoin Mining Council to promote energy...

Air transport’s contribution to GDP slumps by 11.8% Air transport’s contribution to Gross Domestic Product (GDP) for the first quarter of 2021 sunk by 11.78...

OML 118: NNPC signs deep-water agreement to unlock $10bn investments The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract partners have executed...

Stocks remain depressed as 1.2% losses in GUARANTY burdens market Profit-taking continued on Tuesday in the domestic equities market, with Tier I Banking stock...

Crypto’ll have a place in Nigeria, Emefiele promises During the 279th MPR meeting held today in Abuja, the CBN Governor, Godwin Emefiele assured Nigerians that...

MPC retains MPR at 11.5%, other parameters unchanged The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted unanimously to...

FG releases N5bn aviation bailout, N21bn balance remaining Bans 22-year old aircraft in Nigeria The Permanent Secretary, Federal Ministry of Aviation, Hassan Musa on...

Global aviation stunned by Belarus jetliner diversion By Agency Report The United Nations’ aviation agency said it was “strongly concerned” by the apparent forced landing of a...

Global green bonds hit $1.1tn, says report A report by Climate Bonds Initiative, an international non-profit organisation dedicated to climate change solutions and promoting...

11Plc shareholders approve N3.06bn dividend payment Shareholders of 11Plc, a downstream oil and gas company, have approved the dividend payment of N3.06bn for the...

FMDQ admits N115bn bond of BUA Cement FMDQ Securities Exchange Limited has announced the admission of the BUA Cement Plc N115bn Series 1 Fixed...

Wheat importers to spend $1.29bn despite forex restriction Despite foreign exchange restriction by the Federal Government and fall in price, Nigerian importers will still...

Q1 2021: Nigeria’s GDP grows 0.51% on N4.36trn nominal expansion Nigeria’s Gross Domestic Product grew by 0.51% (year-on-year) in real terms in the first quarter of...

Lagos rakes in N127bn IGR in Q1 2021 Lagos State government (LASG) has said it generated a total of N127 billion in the first...

Me Cure Industries lists N3bn bond on NGX Me Cure Industries Limited commemorated the listing of its N3 billion bond with a digital Closing Gong...

The Week Ahead: MPC outcome to shape stock trading pattern Going into a new week after massive losses in the Nigerian stock market last...

Stock investors lose N604bn in brutal week The eerie sound of deep dips that rented the air last week from cryprocurrency market to the...