Thursday, July 2, 2026
Oil steady but sentiment weak on demand, oversupply concerns
Oil futures were largely steady on Thursday, after falling to near five-month lows in the previous session, as sentiment remained...
Read moreDetailsUnreliable policies discouraging new investment in Nigeria
The World Bank says policy unreliability is discouraging new investment in Nigeria. In its newly released Global Economic Prospects report,...
Read moreDetailsOil theft: Nigeria loses N995.2 billion annually -NNRC
Nigeria is losing nothing less than N995.2 billion annually to the activities of oil thieves, a Nigerian Natural Resources Charter...
Read moreDetailsCourt adjourns Nigerian govt’s $406.7 million debt recovery suit against Shell until June 19
A Lagos Division of the Federal High Court on Thursday adjourned until June 19, hearing in a debt recovery suit...
Read moreDetailsOperators seek FG’s intervention in Oando, SEC saga
Capital market operators have called for urgent intervention of the federal government in the conflict between the Securities and Exchange...
Read moreDetailsDormant refineries post losses in nine consecutive months
The fortunes of Nigeria’s refineries have continued to plummet as the plants posted losses for nine consecutive months, the Nigerian...
Read moreDetailsNigeria, 50 others to benefit from JBIC’s $300m Africa development projects support initiative
Nigeria, Africa’s largest economy, along with 50 other member-countries of the African Export-Import Bank (Afreximbank) are to benefit from a $300 million...
Read moreDetailsRivers Gov’t faults Debt Management Office over high indebtedness
…says paid inherited N15.845bn owed in 2015 …Econ. Confidential lists state’s total debt at N253.772bn Rivers state government has faulted...
Read moreDetailsOil slumps 4% on U.S. inventory build, equity rally caps losses
Oil prices resumed their slide on Wednesday, with West Texas Intermediate crude futures (WTI) dropping more than 4% after U.S....
Read moreDetailsGuidelines on LG funds takes off, as workers applaude FG
After the failure of state governors to stop the take-off of the guidelines issued by the Nigeria Financial Intelligence Unit...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.