Tuesday, June 16, 2026
Oil price rises as U.S. sanctions on Iran cloud supply outlook
Oil price rose on Friday as United States sanctions on Iran are expected to cut significant volumes of crude from...
Read moreDetailsNigeria’s central bank unveils guidelines for long-term lending to agric, manufacturing sectors
The Central Bank of Nigeria (CBN) has unveiled plans to increase flow of credit to the real sector of the...
Read moreDetailsSaudi Arabia reportedly calls off Aramco IPO, disbands advisers
Saudi Arabia has reportedly canceled plans to list shares of its state-owned oil giant Aramco and dismissed advisers, according to...
Read moreDetailsAlibaba shares rally 3% on robust quarterly revenue growth
Alibaba Group Holding Ltd., China’s biggest e-commerce company, reported its fastest pace of growth in more than four years in...
Read moreDetailsNigerian banks’ loans to private sector drop marginally 1.6% q-o-q in Q2 2018
Lending by Nigerian banks to the private sector dropped marginally by 1.6 percent from N15.6 trillion allocated within the first...
Read moreDetailsFG seeks fresh legislation to amend 2015 Cybercrime Act
The Federal Government is in talks with a cyber security firm on a new legislation that will substitute the present...
Read moreDetailsHigh stop rate at primary auction leads bond market to bearish close
Trading in the bond market last week was bearish, as high stop rates at the primary auction weigh heavily on...
Read moreDetailsEnergia faces N2bn compensation setback over staff dispute
Energia Nigeria, the indigenous oil exploration and production company operating the Ebendo/Obodeti marginal field located near Kwale in Ndokwa West...
Read moreDetailsFG, BOI launch ‘Trader Moni’ in Lagos with N10, 000 loans for grabs
The Federal Government through the Bank of Industry (BOI) and the Government Enterprise and Empowerment Programme (GEEP), has launched ‘Trader...
Read moreDetailsCBN set for second sale of Chinese yuan
Central Bank of Nigeria (CBN) Friday asked banks to submit bids for the second Chinese yuan auction, according to foreign...
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