Monday, August 31, 2026
U.S to become leader of oil, gas supply as crude to Europe threatens Middle East sales in Asia
Fatih Birol, International Energy Agency (IEA) Chief Economist The International Energy Agency asserted on Friday that the United States is...
Read moreDetailsNigeria sues JP Morgan for $875m over negligence on Malabu oilfield deal
Jamie Dimon, JP Morgan & Chase Co. chairman/CEO Nigeria has filed a claim against JP Morgan Chase for more than...
Read moreDetailsNigerian equities pare gains as U.S., pan-European markets record lows
Nigerian stocks traded lower Thursday after a 3-day rally in what analysts attributed to profit taking, especially in lag caps....
Read moreDetailsSwiss Pharma CEO explains temporary closure of Nigeria operations following acquisition by French Biogram
A decision by its workers to embark on a long strike to protest an operational restructuring layoff of some staff...
Read moreDetailsMorgan Stanley’s profit plummets 59% over new US tax law
U.S. investment bank, Morgan Stanley’ fourth-quarter profit fell on a provision related to the new U.S. tax law, but adjusted...
Read moreDetailsSub-Saharan Africa’s inflation moderates in December but outlook remains mixed
With the exception of Ghana, inflation in most sub-Saharan African economies moderated in December with a remarkable decline in headline...
Read moreDetailsCommodity 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...
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