Friday, July 31, 2026
Nigeria’s power sector loses between N1.2bn-N1.5bn monthly to water, gas, transmission line constraints
Nigerian Electricity Supply Industry (NESI) has revealed that the country’s power sector loses between N1.2 billion to N1.5 billion monthly...
Read moreDetailsNigerian stocks wobble further as profit taking pares NSEASI by 0.26%
The bearish sentiments at the Nigerian Stock Exchange continued Wednesday as benchmark index, the NSEASI, slid 26bps to 40,749.86 points...
Read moreDetailsNigeria central bank retains monetary policy rate at 14%, says loosening will lead to rise in consumer prices
Godwin Emefiele, governor of the central bank The Monetary Policy Committee of the Central Bank of Nigeria, Wednesday, left the...
Read moreDetailsWidespread selloffs across global markets remain subdued as trade war concerns fail to impact
President Donald Trump and Chinese President Xi Jinping walk together after a meeting Investors are likely to have breathed a...
Read moreDetailsNigerian equity market closes low as bellwethers drag NSEASI down 1.6%
Nigerian equity market closed low Tuesday, the first trading day in the month of April, as losses in market bellwethers...
Read moreDetailsCorn futures pressured under trade tensions
Corn futures eased by 0.1 percent to $3.87 a bushel from pressures of weakness in ethanol, following China's tax hike...
Read moreDetailsNigeria, others to spend over $811bn on 615 oil, gas fields between 2018-2025
Nigeria and other countries across the world are expected to spend over US$811 billion on 615 upcoming oil and gas...
Read moreDetailsOperational secrecy hampers Nigeria state oil company’s input to economy development- NNRC
Odein Ajumogobia, the Chairman of the Expert Advisory Panel of NNRC The capacity of the Nigerian National Petroleum Corporation (NNPC)...
Read moreDetailsOil prices extend gains amid increased Russian production
Oil prices inched forward on Tuesday, as a slow down of U.S. production outweighed concern over increased Russian output. West...
Read moreDetailsEconomist fears global trade war would be worse than 2009 global recession
A fully fledged trade war would hurt those who might retaliate more than the US, said Brendan Rynne, KPMG chief...
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