Thursday, June 18, 2026
Oil prices slump as OPEC, Russia plan output boost
Oil prices fell more than $2 per barrel Friday as Saudi Arabia and Russia discussed easing production cuts that have...
Read moreDetailsNigerian equities market ends week in red as index dips 2.84% on sell-offs across sectors
The Nigerian equities market Friday closed the week negative as the benchmark index lost 1.01 percent to record 2.84 percent...
Read moreDetailsNigeria’s import bill to rise as Maersk Line introduces extra bunker charges on oil price spike
Maersk Line, the world’s largest container shipping group has joined rival Mediterranean Shipping Co (MSC) in raising freight costs in...
Read moreDetailsSaudi Arabia, Russia consider easing crude oil supply curbs
Alexander Novak, Russian energy minister, and Khalid al-Falih, Saudi counterpart Saudi Arabia and Russia are prepared to ease oil production cuts,...
Read moreDetailsNigeria’s manufacturing sector records fastest year growth in over 10 quarters
Nigeria's manufacturing sector’s real GDP growth in the first quarter of 2018 came in at 3.4 percent, the country's Bureau...
Read moreDetailsLimited instruments on offer at Nigeria’s capital market impacting participation
Teslim Shitta-Bey, managing consultant, Alsthom Group, Thursday said a dearth of a variety of instruments on offer at the Nigerian...
Read moreDetailsReport says technological shifts could wipe out $21trn fossil fuel revenues by 2040
A report by Aurora Energy Research, a UK based company has projected that the adoption of electric cars could wipe...
Read moreDetailsNigerian stocks index crashes below 40,000bps on sustained sell-offs
The Nigerian Stock Exchange-All Share Index (NSE-ASI) Thursday crashed below 40,000 basis points to 39,723.85 points on sustained profit taking....
Read moreDetailsNigeria signs climate risk finance and management MoU with African Risk Capacity
Nigeria government has signed a Memorandum of Understanding (MoU) with the African Risk Capacity (ARC) in an effort to address...
Read moreDetailsNigeria’s industrial production value falls 41% in 6 years, says AfDB
Akinwumi Adesina, the president, AfDB Nigeria’s industrial value addition fell 41 percent between 2012 and this year, according to the...
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