Category: Business

Saudi Arabia to cut crude oil exports in April – Official

Saudi Arabia plans to cut its crude oil exports in April to below seven million barrels per day (bpd), while keeping its output “well below’’ 10 million bpd, Saudi...

Jimoh Ibrahim in trouble over N69.4billion debt owed AMCON

AMCON wants more female slots in financial services industry in Nigeria

In commemoration of the International Women’s Day (IWD) the Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan...

Oil prices slide as economic outlook darkens, U.S. supply surges

Oil prices dropped on Friday as clouds gathered over the global economy after the European Central Bank (ECB) warned overnight of continued weakness and fresh data...

Oil edges up amid OPEC cuts, U.S. sanctions against Venezuela, Iran

Oil edged up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, although prices were prevented from rising further by...

“We’ll list on NSE before July- MTN

MTN Group on Thursday disclosed that it will list Nigerian Stock Exchange (NSE) in the first half of 2019, after recording very positive trade numbers in 2018 fiscal...

Dangote Flour emerges best performing stock on NSE in February

Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent...

CBN to issue loans at 5% to SMEs through NIRSAL MFB

The Central Bank of Nigeria (CBN), says it will issue loans at five per cent and with no collateral to Small and Medium Enterprises (SMEs) through the NIRSAL Micro...

Dangote Flour emerges best performing stock on NSE in February

Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent...

NNPC to build fertilizer plants in Brass, additional power plants in Abuja, others

The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which is...

Access Bank, Diamond Bank shareholders approve merger

Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force. The...