Sunday, May 3, 2026
Global economy to expand faster than expected in 2018-19 at 3.2%, UN predicts
The United Nations, UN, is forecasting that the global economy will expand by more than 3 percent this year and...
Read moreDetailsNigerian stocks slide 0.83% as sell-offs continue after dead cat bounce
Nigerian stocks traded lower Thursday as sustained profit taking pare gains of previous trading session by 0.83 percent. The continued...
Read moreDetailsIEA cautions consumption decline as oil price advances to $80
Fatih Birol, International Energy Agency (IEA) Chief Economist The International Energy Agency (IEA) has cautioned that huge consumption decline may...
Read moreDetailsNigeria, China, India to account for 35% growth of world’s urban population between 2018, 2050
The United Nation Department of Economic and Social Affairs (UN DESA) has projected that India, China, and Nigeria will account for...
Read moreDetailsOil hits highest level since 2014 on concerns about Iran supply
Oil prices surged on Thursday on Thursday for the first time since November 2014 on concerns Iranian exports could fall,...
Read moreDetailsInvestors gain N136.8bn as Nigeria equities market halts downtrend
The Nigerian equities market has halted a two-day downward trend as the growth indicator of the equities market swelled N136.8...
Read moreDetailsNigeria Senate passes N9.12trn 2018 budget, awaits Buhari’s assent
The Nigerian Senate Wednesday passed the 2018 appropriation bill estimated to be N9.12 trillion and would be forwarded to President...
Read moreDetailsNigeria’s state oil firm records ₦1.6bn operating loss as retailing, refining arm fail to generate profit
Nigeria’s state oil company, Nigerian National Petroleum Corporation (NNPC), made an operating loss of N1.6 billion in January 2018, while...
Read moreDetailsNigeria’s new gas, oil policy to stimulate competitive environment for local, foreign investors, says oil minister
Ibe Kachikwu, Nigeria's minister of state for petroleum resources said Tuesday that the country's new gas, oil policy, bold steps...
Read moreDetailsNigeria awards $7bn Lagos-Kano rail project to Chinese state firm
Nigeria has awarded a $6.68 billion contract to the China Civil Engineering Construction Corporation (CCECC) for work on a major...
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