Saturday, June 20, 2026
Crude oil extends gains in nearly two weeks on Asian equity recovery
Crude oil prices edged higher on Monday to hit their highest level in nearly two weeks, buoyed as Asian shares...
Read moreDetailsNigeria’s stocks end week positive as index rises marginally by 0.08%
Nigeria equities market closed Friday positive as benchmark index, the NSEASI, rose marginally by 34.43 points or to settle at...
Read moreDetailsDangote revives 8-year-old interest in London Stock Exchange IPO seeking $1bn for DangCem
Dangote Cement Plc might have revived plan to raise fresh capital of $1 billion through the London Stock Exchange. An...
Read moreDetailsNigeria, biggest loser of Africa’s $50bn yearly illicit financial outflows
Nigeria is the biggest loser of the $50 billion annual illicit financial flows out of Africa, according to Kemi Adeosun,...
Read moreDetailsOPEC targets longer non-member alliance partnership in 2018- UAE energy minister
Oil cartel, Organization of the Petroleum Exporting Countries (OPEC), aims to agree on a longer-term partnership with non-member producers by the...
Read moreDetailsNigerian banks’ market-based reporting of FC exposure may impair capital adequacy, says Fitch
Fitch Ratings has said that if Nigerian banks adopt a more market-based presentation of foreign-currency (FC) assets, liabilities and profit-and-loss...
Read moreDetailsGE, Shell seal deal to rev up output at Afam VI power plant with additional 30MW
General Electric’s Power Service has signed a Multi-year Service Agreement (MYA) with Shell Petroleum Development Company for its 650MW Afam...
Read moreDetailsFBNH, Guaranty, Dangote Cement power Nigerian equities to record 1.0% gain
The Nigerian equities market sustained gains Thursday as benchmark index, the NSEASI, grew 1.0 percent to 42,604.40 points while YTD...
Read moreDetailsShoreline, Seplat join other producers to pump more oil as Nigeria plans to raise output to 2.5mbpd
Nigeria’s indigenous oil producers are itching to pump more oil as part of a wider plan to lift the nation’s...
Read moreDetailsAmazon now world’s third most valuable company, to add 2,000 jobs in France
With a market cap of $702.5 billion, Amazon has become the third most valuable company in the world, racing past...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.