News
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HEINEKEN LOKPOBIRI: KADUNA REFINERY TO BE READY BY Q4 2024
The Honorable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has revealed that the ongoing quick-fix project at…
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Nigeria sells 1yr OMO bill at 21% in biggest signal of interest rate adjustment
Nigeria has given the clearest signal yet of its willingness to allow interest rates go up to match rising inflation…
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The escalating Israel-Hamas conflict raises risks of global market contagion, economist says
Key Points As the Israel-Hamas conflict further intensifies, the risks to the global economy are growing, economist Mohamed el-Erian said…
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Private Sector Credit Extension (PSCE) Increased by 45% YoY to N58.6trn in September 2023
The most recent data from the Central Bank of Nigeria (CBN) shows that private sector credit extension (PSCE) increased by…
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Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate
President Tinubu signs executive orders to boost FX liquidity Government plans local issuance of dollar denominated debt Nigeria is planning…
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FEC Approves Supplementary Budget of N2.18trn
The Federal Executive Council (FEC) has approved the supplementary budget of N2.18 trillion for the year 2023 to fund “urgent…
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Does MRS Oil’s financial performance justify its share price rally?
MRS Oil Nigeria Plc, a petroleum and petroleum products company in the oil and gas sector, announced 45.9% revenue growth…
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Kyari to Appear Before Senate This Week Over 60% Frontier Acreages Funds
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, is expected to appear…
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Kaduna refinery to be ready in Q4 2024 – Minister
The Nigerian government on Saturday said with the ongoing quick-fix project, the Kaduna refinery and Petrochemicals Company Limited (KRPC) will…
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Another Seismic Profitability of GTCO
Despite some challenges in the operating environment , GTCO remains a bank that has shown an unusual and unmatched capability…
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