Sunday, June 28, 2026
Oil surges after attack on Saudi oil facilities shuts in 5% of global supply
Oil prices surged on Monday, with Brent crude posting its biggest intra-day percentage gain since the Gulf War in 1991,...
Read moreDetailsAMCON intensifies efforts to recover N4.5trn debt
The Asset Management Corporation of Nigeria says it has intensified efforts to recover a debt of N4.5tn. Ahmed Kuru, the...
Read moreDetailsQuoted insurance firms seek N142.13bn capital raise
Twenty four out of the 25 listed insurance companies in Nigeria require the sum of N142.13 billion to meet the...
Read moreDetailsExternal reserves lowest in six months, at $42.84bn
The nation’s foreign exchange reserves have declined further, falling to the lowest level since March 12, latest data obtained from...
Read moreDetailsPlanned increase in VAT anti-people, anti-development – Labour
Organised Labour has on Friday rejected government planned increase in value added tax, VAT, from 5 percent to 7.2 percent,...
Read moreDetailsNigeria received $5.820bn offshore investment in Q2’19
... amount 31.41% lower than Q1'19 record Omobayo Azeez The total value of capital importation into Nigeria stood at $5.820...
Read moreDetailsDisCos Q1 revenue collection hits N116.9bn
The 11 distribution companies (DisCos) collected N116.9 billion from customers out of the total bill of N182.8 billion in the...
Read moreDetailsNigeria more exposed to global economic crisis — Rewane
Bismarck Rewane,an economic and financial expert, says Nigeria has become more vulnerable to global economic downturn. Rewane, who is the...
Read moreDetailsEquities market sustain positive trend on post-election tribunal outcome
The Nigerian Stock Exchange (NSE) on Thursday sustained positive trend on post-election tribunal ruling. Specifically, the market capitalisation rose by...
Read moreDetailsProposed VAT increase: Senate to invite Ahmed, Fowler
The senate committee on finance says it will invite Zainab Ahmed, minister of finance ; and Babatunde Fowler, the chairman,...
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