News
-
ADEDUNTAN: STRONG COMEBACK WITH FIRE IN HIS BELLY
Adesola Kazeem Adeduntan MD/CEO ,FBN’ has ,indeed, hit the reset button; with a zeal to restore the bank back to…
Read More » -
Analysts Decry Twin Problem of Oil Theft and Smuggling as Airline Plans to Stop Nigerian Operations
Following the interception of an oil supertanker fleeing Nigeria in Equatorial Guinea last week, the Nigeria Customs Service (NCS) said…
Read More » -
Inflation Surges to 19.64% in July 2022, as Analysts Point to Weakening Naira
Nigerians are staring down the barrel of an inflationary weapon of mass destruction. The country’s consumer price index (CPI) becomes…
Read More » -
Oil sheds more than $1 as China data disappoints
China’s July refinery output lowest since March 2020 – dataSaudi Aramco ready to maximise output to 12 mln bpd –…
Read More » -
Nigeria’s Domestic, External Debt Service Gulps N15.22trn in 10 Years
Nigeria in the past 10 years has spent a whopping sum of N15.22trillion to service its domestic and external debts,…
Read More » -
The Markets in Review: Nigerian Cement Producers: H1 2022 Scorecard – Coronation Research
Over the last two weeks, the two cement producers we cover released H1 2022 earnings. Overall, the results were mixed…
Read More » -
Investors Lose N614.35bn as NGXASI Dips by 2.26%; Debt Market Size Declines by 0.10% to Close at N29.13trn; IEFX Rate Appreciates to N428.75
Nigerian Equities Market dipped further to maintain negative as sell pressure persists while key market indicator closed below 50,000 psychological…
Read More » -
Oil slips as U.S. crude stockpiles rise, eyes on U.S. inflation data
Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude…
Read More » -
Ehingbeti to unveil new economic roadmap for Lagos State
The Co-Chairman, Ehingbeti Lagos Economic Summit and Commissioner of Economic Planning and Budget, Lagos State, Sam Egube, has said the…
Read More » -
NCC Remits N463bn To Federal Govt In 7 Years
The Nigerian Communications Commission (NCC) said has remitted N463 billion to the Consolidated Revenue Fund from 2015 to April 2022…
Read More »