Thursday, August 6, 2026
Two Oando directors resign as crisis worsens
Two independent non-executive directors of Oando Plc have resigned from the company’s board. Sena Anthony and Oghogho Akpata have both...
Read moreDetailsNigeria’s trade rose by 2.5 per cent to N8.24tn in first quarter
The National Bureau of Statistics on Friday released the country’s merchandise trade report with trade rising by 2.5 per cent...
Read moreDetailsNigerian investors to own 51% stake in national shipping line
By Samson Echenim The Federal Government of Nigeria has said it has adopted a partnership arrangement that will allow Nigerian...
Read moreDetailsOil 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...
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