Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China’s attempts to stimulate its economy....
By Simbo Olorunfemi That Baba Obasanjo has an almost child-like emotional attachment to the public-owned refineries under the trust and care of the NNPCL is not...
In the final trading day of the year 2024, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) shed 22 basis points to...
ASI Closes 2024 at +37.65% Nigerian Exchange Limited (NGX) has marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive...
Highlights Sector is under siege Operators crave bold reforms Clamour for tariff review ricochets Service shedding imminent The survival of Nigeria’s telecommunications sector in 2025 and...
The Democratic Front (TDF) has said that the announcement of a $5 billion final Investment Decision (FID) by Shell on the Bonga North Deep Offshore field...
Airtel Africa has announced the commencement of a second share buyback programme that will return up to $100 million to shareholders. In a statement, the telecommunications...
The Court of Appeal in Abuja has ordered MTN Nigeria to pay N15million in damages for unlawful deduction of a subscriber’s airtime over services the aggrieved customer – Ezugwu...
After more than five years of security restriction, the Federal Government has lifted the ban on mining exploration activities in Zamfara State, citing significant improvements in...
Dangote Petroleum Refinery has announced a reduction in prices of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per litre, saying the move was...
President Bola Tinubu on Wednesday presented the N47.90 trillion budget estimates for 2025, assuring the public that his administration would continue to stimulate the country’s economy...
The inflation rate in Nigeria rose to 34.60 per cent in November 2024, showing an increase of 0.72 percentage points compared to 33.88 per cent recorded...
A professor of Journalism and Communication Studies at the University of Lagos (UNILAG) is set to deliver his inaugural lecture focusing on “Casino Journalism and the...
External Reserves data released by the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves rose by $446.9 million to $40.2 billion in November...
A US judge upheld her decision to reject Elon Musk’s massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through...
African Development Bank Group (AfDB) has approved a €200 million partial credit guarantee (PCG) to back Togo’s first sustainable financing initiative. he funding will enable Togo...
Despite the increase in the fuel pump price, the National Bureau of Statistics (NBS) has stated that there was a drop in the price of transportation...
The newly redesigned website of the Central Bank of Nigeria has gone live today, Monday December 2, 2024 with many pages on the site failing to...
The Nigerian Communications Commission (NCC) has revealed that data consumption in Nigeria has reached an all-time high in nine months. Latest data by the telecoms regulator...
As anticipated by market operators, the Nigerian Exchange Limited (NGX) experienced mixed trading activity for most of the trading days last week. However, strong bargain-hunting on...
