Kelvin Egerue
vin803
News Editor
Oil price slumps to seven-month low as Saudi king unveils successor
Kelvin EgerueJune 21, 2017
A renewed slump in oil prices to seven-month lows dragged down world stocks and long-term bond yields on Wednesday, as bets that
NAFEX watch forces MSCI to delay Nigeria’s index reclassification
Kelvin EgerueJune 21, 2017
The Central Bank of Nigeria’s (CBN) introduction of the investors/exporters FX window popularly referred to as NAFEX and the
12% drop in oil pipeline vandalism increases Nigeria’s earnings
Kelvin EgerueJune 20, 2017
Baring major downward swing in the price of crude oil at the international commodities market or shift in OPEC’s support for a
Egypt’s EFG Hermes targets global insurance acquisitions
Kelvin EgerueJune 20, 2017
Nigeria may be on the radar of Egypt‘s top investment bank, EFG Hermes, as it begins global insurance acquisitions. Reports have it
Audu Ogbeh moves for second agric bank in quest for 5% interest rate for farmers
Kelvin EgerueJune 19, 2017
Nigeria’s effort at keeping food prices within range has culminated in the quest for the establishment of another specialized bank for
U.S. banks’ $150bn investment funds hang on wing of stress test results
Kelvin EgerueJune 19, 2017
Thursday’s expected release of stress test on American banks is expected to open floodgate of investments and stock buybacks by banks,
Global fund managers hold back investment in exploration as U.S. shale oil flood market
Kelvin EgerueJune 16, 2017
Concerned by an imminent crash in oil price following uncontrolled pumping of crude into an already saturated global market, investors
FG’s refund of oil marketers’ N800bn to improve liquidity in Nigerian banks
Kelvin EgerueJune 16, 2017
Nigeria’s industrial base may be up for a return to operating at installed capacity through improved access to loan facilities from
Nigeria set to lead global growth in entertainment, media market over the next five years– PwC Report
Kelvin EgerueJune 14, 2017
Nigeria has been projected to become the world’s fastest-growing entertainment and media market in the next five years, according to a
Ambode’s N3.5bn largesse to boost small businesses in Lagos
Kelvin EgerueJune 13, 2017
Lagos State governor Akinwunmi Ambode on Tuesday revealed that N3.5 billion of the staggering N24 billion set aside for small