Sunday, July 5, 2026
Nigeria loses N153 billion to gas flaring annually- Petroleum ministry
Nigeria loses about N153 billion annually from natural gas flaring, as the country flares about 22 million tonnes of natural...
Read moreDetailsCBN releases IFRS 9 implementation guidelines for other financial institutions
By Moses Obajemu The Central Bank of Nigeria (CBN) has released a set of guidance notes on the implementation of...
Read moreDetailsOil falls after industry report shows jump in crude stockpiles
Oil declined after an industry report showed a massive increase in U.S. crude stockpiles, raising oversupply concerns. Futures fell as...
Read moreDetailsBuhari is mulling new central bank chief
Muhammadu Buhari has come under pressure from his political allies to replace central bank governor Godwin Emefiele when his term...
Read moreDetailsCBN to raise N1tn from treasury bills Q2
The Central Bank of Nigeria plans to raise a total of N1.006tn from the debt market in the second quarter...
Read moreDetailsShareholders approve Access-Diamond merger, awaits final clearance from SEC, CBN
By Adesola Afolabi and Afolabi Oluwaseun Shareholders of Access Bank, one of Nigeria’s top-tier lenders, today, approved the scheme...
Read moreDetailsNNPC recovers N771m forfeited assets from defaulting marketers
Nigeria’s state-owned oil corporation, the Nigerian National Petroleum Corporation (NNPC) said it has recovered assets worth over N771million from some...
Read moreDetailsCBN prohibits forex sale to importers of textiles
The Central Bank of Nigeria on Tuesday announced the restriction of sale of foreign exchange to importers of textiles and...
Read moreDetailsOil drops as China cuts economic growth target
Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although...
Read moreDetailsCheap Stocks May Boost West African Bourse After Rotten 2018
Cheap valuations on West Africa’s regional stock exchange are tipped to improve its attractiveness as strength in two of the...
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