Friday, April 24, 2026
Oil steadies as Saudi, Kuwait signals offset demand fears
Oil prices were little changed on Monday as expectations that major producers would continue to reduce global supplies ran into...
Read moreDetailsAnalysts: declining crude oil prices may worsen Nigeria’s vulnerabilities
The steady decline in crude oil prices last week, which saw a drop below the $60 per barrel benchmark price...
Read moreDetailsBanks’ market capitalisation drops by N657bn
The market capitalisation of banks listed on the Nigerian Stock Exchange dropped by N657bn in the first seven months of...
Read moreDetailsElectricity: Nigeria-Siemens 25,000MW deal to gulp over N1.15trn
The six-year electricity deal signed by the federal government and Germany-based Siemens AG in July will cost more than N1.15...
Read moreDetailsFPIs fret over Nigeria’s forex risk, mull fund repatriation
By Moses Obajemu The high prospect of a foreign exchange risk as well as general emerging market risk, which...
Read moreDetailsSallah: Market capitalisation sheds N57bn
Ahead of Sallah celebration, crucial market indicators of the Nigerian Stock Exchange (NSE) on Friday declined further by 0.43 percent...
Read moreDetailsNAICOM gets acting commissioner for insurance
The federal government has approved the appointment of Sunday Thomas as the acting commissioner for insurance and chief executive officer...
Read moreDetailsOil rises on European stockdraw despite demand slowdown forecast
Oil prices rose by about 3% on Friday, supported by a drop in European inventories and expectations of more OPEC...
Read moreDetailsAirtel plans mobile money business roll-out in Nigeria
Airtel Africa has said it will soon roll out its mobile money business in Nigeria. Raghunath Mandava, its chief executive...
Read moreDetailsTotal pension assets rise to N9.32trn
The total assets under the contributory pension scheme rose to N9.32 trillion as of the end of June 2019. The...
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