OPEC+ Cuts Output to Boost Oil Prices
OPEC+ Cuts Output to Boost Oil Prices Saudi Arabia, Russia and other major oil-producing nations have announced they would further slash production next year to …
2024 Budget: Bauchi Govt Earmarks N93bn For Education, Health Sectors
2024 Budget: Bauchi Govt Earmarks N93bn For Education, Health Sectors The Bauchi State Government says it has earmarked N93 billion for education and healthcare services …
AfDB Signs $20m Agreement With FSDH to Support Nigeria’s SMEs
AfDB Signs $20m Agreement With FSDH to Support Nigeria’s SMEs The African Development Bank (AfDB), has signed an additional 20 million dollar Trade Finance Facility …
Naira Reclaims Value, Black Market Rate Steadies
Naira Reclaims Value, Black Market Rate Steadies Exchange rates closed in a mixed direction in the foreign exchange markets as demand for the US dollar …
NUPRC Intervenes in Chevron vs. Escravos Dispute
NUPRC Intervenes in Chevron vs. Escravos Dispute The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has waded into the dispute between Chevron Nigeria Limited and communities …
NAICOM Decries High Numbers of Unpaid Claims by Insurance Companies
NAICOM Decries High Numbers of Unpaid Claims by Insurance Companies The Commissioner for Insurance, Mr Sunday Thomas, says recent efforts by the National Insurance Commission …
Equities Investors Gain N132bn in Latest Rally
Equities Investors Gain N132bn in Latest Rally Halting the downtrend, equities investors gained more than N132 billion midweek due to buying interest in mid-cap stocks. …
Benchmark Yield Behind 16% as Nigeria Bonds Rally
Benchmark Yield Behind 16% as Nigeria Bonds Rally The average yield on Federal Government of Nigeria (FGN) bonds declined marginally as investors’ appetite for local …
Equinor Sells Oil Asset in Nigeria to Chappal Energies
Equinor Sells Oil Asset in Nigeria to Chappal Energies Equinor Nigeria Energy Company on Wednesday announced the sale of its Nigerian business, including its share …
Oil Theft: Security Firms Saves Nigeria $43.2m Daily
Oil Theft: Security Firms Saves Nigeria $43.2m Daily Tantita Security Services Nigeria Ltd., a private security contractor with the Nigerian National Petroleum Company (NNPC) Ltd., …