Tuesday, March 31, 2026
ExxonMobil to spend highest CAPEX per barrel in Africa’s Chad Republic in $39.2bn budget to 2021
In an expenditure outlay of $39.2 billion for its upstream crude oil production projects estimated to 2021, oil major, ExxonMobil,...
Read moreDetailsAfrican Development Bank to boost Nigeria’s economy with additional loans of $2bn
Muhammadu Buhari, Nigeria's president, and Akinwumi Adesina, the president of African Development Bank Akinwumi Adesina, the president of African Development...
Read moreDetailsNigerian market outlook: Analysts upbeat, entertain no fears of election risk
There appears a no fears outlook for the Nigerian market and economy despite rising geopolitical tensions and the coming general...
Read moreDetailsOando crisis: Sanusi brokers peace between company’s CEO, Tinubu, major shareholder
The chief executive officer of Nigeria’s oil firm, Oando Plc, Wale Tinubu, has reconciled with Dahiru Mangal, an estranged shareholder of...
Read moreDetailsNigerian stocks’ climb halted as market index opens week 0.4% lower
Nigerian stocks exchange trading floor The Nigerian stocks market reversed previous positive performance Monday, trading low at 40 basis points...
Read moreDetailsIMF sees brighter global prospect, optimistic markets on U.S tax policy changes
The International Monetary Fund (IMF) has revised its forecast global growth by 0.2 percentage points to 3.9 percent in 2018/19...
Read moreDetailsNigeria SMEs, commuters hard hit as fuel scarcity returns
The lingering fuel scarcity, which returned at the weekend, has taken a toll on small businesses, commuters and households as...
Read moreDetailsOil rises as Saudi Arabia sees OPEC, allies Cooperation beyond 2018
Emmanuel Ibe Kachikwu, Nigeria's petroleum and resources minister, center, looks on during a news conference the 173rd Organization of Petroleum...
Read moreDetailsNigeria’s apex bank cancels interest rate meeting, says rate to be held at 14%
Nigeria’s central bank said a key interest rate setting meeting intended for January 22-23 will not be held due to...
Read moreDetailsNNPC targets huge investments in Nigeria’s oil sector to boost economy, create jobs
Emmanuel Ibe Kachikwu, minister of state for petroleum, and Nigerian National Petroleum Corporation, Maikanti Baru, DG, NNPC The Nigerian National...
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