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Oil Prices Pullback After Bearish EIA Inventory Report Oil prices are little changed Thursday following a bearish report released by the US Energy Information Administration (EIA) inventory which weighed on…
Seplat Energy Grows Profit by 83% to N81.33bn Seplat Energy Plc has posted significant earnings growth for the financial year 2023, details from the independent energy company listed on both…
Seplat Energy Names Udoma Udo Udoma New Chairman Seplat Energy said Thursday it appointed Udoma Udo Udoma as independent nonexecutive chairman, with effect from April 1. Udoma will succeed Basil…
Binance Stops Naira Trade Amidst Clampdown Binance has removed Naira, from the national currencies it supports on its peer-to-peer platform. Yesterday, the authority detained Binance executives in Nigeria with their…
Bitcoin Hits $60K First Time in 2-Year Bitcoin hit $60,000 on Wednesday for the first time in more than two years, as a flurry of capital into new U.S. spot…
NCC Directs Telcos to Block SIMs Without NIN Telecommuncation companies (Telcos) have been directed to block subscriber identification modules (SIMs) that are not already linked with their national identification numbers…
Firm Explains Impacts of Interest Rate Hike in the Market The Central Bank of Nigeria’s (CBN) monetary policy committee hiked the rate by 4% to 22.75% is expected to have…
Nigeria Gets 60% Afreximbank Energy Sector Funding – Oramah The African Export-Import Bank (Afreximbank), says Nigeria is among the largest beneficiaries accounting for about 60 per cent of its US$30…
Nestle Nigeria Posts N104.03bn Pretax Loss Nestle Nigeria Plc posted more than N104 billion loss before tax in 2023, details from its audited financial statement for 2023 showed. The latest…
Is a New Bitcoin All-Time High in Sight? Bitcoin surpassed $59,000 in price on Wednesday, and it could hit a new all-time high within weeks, predicts the CEO of one…