Sunday, June 21, 2026
Commodity trader Vitol in $530m oil-for-loan deal with Nigeria’s Shoreline Energy
Vitol, the world’s largest independent oil trader, will lead a $530m oil-for-loan deal with Shoreline, a Nigerian energy company, as...
Read moreDetailsWEF raises concerns over economic impact of new tech in 2018
Yemi Osinbajo (2nd from right), Nigeria's vice president at a World Economic Forum meeting The World Economic Forum (WEF) has...
Read moreDetailsNigerian stocks index appreciates yet again as year-to-date gain climbs 17.37%
The Nigerian equities market closed positive Wednesday as benchmark index expanded 1.89 percent to settle at 44,885.24 basis points as...
Read moreDetailsImprovements in Nigeria, others contribute a third of global growth in 2017 – UN
Kemi Adeosun, Nigeria’s minister of finance; Akinwumi Adesina, president of the African Development Bank (AfDB); and Ken Ofori-Atta Ghana’s minister...
Read moreDetailsNigeria’s exchange traded fund, ETF NGE, pulls 34.13% return in 2017 on equities rally
The Global X MSCI Nigeria ETF (NGE), which invests in among the largest and most liquid companies in Nigeria,...
Read moreDetailsOil prices slip as analysts warn correction after 13% gain in past month
Oil prices slipped slightly Wednesday but remained firm underpinned by tightening supply and strong global demand. This is just as...
Read moreDetailsNigeria to raise $700m to complete its $3.5bn external borrowing plan for 2017
Patience Oniha, director-general, Debt Management Office, Nigeria The Nigerian government said it would raise $700 million from external creditors to...
Read moreDetailsEquities market waxes stronger, NSE ASI up 2.2%
The equities market sustained its positive close Tuesday as The Nigerian Stock Exchange All-Share- Index inched 2.2% higher to 44,054.72...
Read moreDetailsNigeria equities’ turnover rises 121%, grosses N1.3trn in 2017
Nigerian equities’ turnover rose sporadically in 2017 by 121 percent from N0.58 trillion to gross N1.3 trillion, according to the...
Read moreDetailsNigeria inflation rate moderates to 15.37% year-on-year despite energy price pressure
Nigeria’s statistical authority, the National Bureau of Statistics (NBS), Tuesday said inflation rate for the month of December moderated further...
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