Friday, June 12, 2026
Nigeria’s share index loses 33 points on banking sector declines
Price drop in GTB, Zenith, Union Bank pushes banking index down 3.4% Market capitalisation fell by N44.3bn to N13.3trn Charles...
Read moreDetailsShell appeals OML 11 loss, as Rivers mulls plans for oil block
Ben Eguzozie, in Port Harcourt State targets host community ownership says energy commissioner Shell Petroleum Development Company (SPDC), in...
Read moreDetailsNNPC rejects $1.53bn AKK contract inflation claim, says process transparent
NNPC GMD, Mele Kyari. Ben Eguzozie The Nigerian National Petroleum Corporation (NNPC) has debunked reports that its newly signed...
Read moreDetailsOil drops more than $1 after Saudi price cuts, demand optimism fades
Oil prices dropped more than $1 a barrel on Monday, hitting their lowest since July. The drop is coming after...
Read moreDetailsCBN steps up offensive against forex manipulators
The Central Bank of Nigeria (CBN) has stepped up the offensive against foreign exchange manipulators by placing the bank accounts...
Read moreDetailsAll eyes on naira-dollar tango as CBN opens forex vaults to BDCs today
By Charles Abuede CBN injecting $30m into BDC to enable FX accessibility Speculators, BDCs face anxious moment Analysts say the...
Read moreDetailsBDC operators worry $20,000 from CBN may not be enough
As the Central Bank of Nigeria resumes the sale of foreign exchannge to bureau de change houses after it was...
Read moreDetailsPresident Buhari okays the reopening of gyms, amusement parks, cinemas
President Buhari has approved the reopening of recreational centres like gyms, amusement parks and cinemas following the recommendation of the...
Read moreDetailsNigeria equities market edges higher on buying interest in MTN, Zenith Bank, investors gain N26.6bn
Charles Abuede The Nigerian equities market continued its bullish trend on Thursday with investors profiting from bullish trades resulting from...
Read moreDetailsCBN resumes forex sale to banks, to clear unmet forex demands
CBN Governor, Godwin Emiefele After many weeks of absence from the foreign exchange market during which huge unmet forex demands...
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