Monday, June 22, 2026
Oil heads for best weekly gain as Russia-OPEC agree on framework to extend output cuts
Oil headed for its best weekly advance in a month after an outage on the Keystone pipeline added to speculation...
Read moreDetailsDangote Cement inaugurates $300m Congo plant, stirs industrial revolution in Africa
Dangote Cement Plc Thursday added a fillip to its ongoing efforts at the economic emancipation of Africa as it formally...
Read moreDetailsNigeria’s state oil company secures $3.7bn alternative financing in 3yrs, targets $38bn in revenue
The Nigerian National Petroleum Corporation has secured a total of $3.7bn in Alternative Financing Agreement in the last three years,...
Read moreDetailsAfDB set to boost Africa’s airline industry with $12bn power sector investment in 4 years
Akinwumi Adesina, President of African Development Bank (AfDB), said the bank would invest 12 billion dollars in the Africa's power sector...
Read moreDetailsOil prices dip after U.S. crude hits near two-year high on pipeline shutdown
Oil prices eased Thursday, with U.S. crude dipping away from two-year highs reached the day before, but the shutdown of...
Read moreDetailsOil union lauds NNPC’s inland basins exploration, calls for return of refineries to profitability
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has commended the Nigerian National Petroleum Corporation (NNPC) on...
Read moreDetailsAfrican Development Bank portfolio in Nigeria over $6bn, says Adesina
African Development Bank's total active portfolio in Nigeria is over six billion dollars, according to Adewumi Adesina, the bank's president. In...
Read moreDetailsOil trades near two-year high as U.S. stocks shrink ahead of OPEC meeting next week
Oil headed for its highest close since June 2015 while trading volume surged after U.S. industry data showed crude stockpiles...
Read moreDetailsNigeria’s MPC keeps rates steady at 14% as CBN sees external reserves trending over $34bn
In line with some analysts’ expectations, the Monetary Policy Committee of the Central Bank of Nigeria (CBN) Tuesday left the...
Read moreDetailsLosses in large caps pull down Nigerian equities index 0.52% as world stocks trade higher
The Nigerian equities market closed Tuesday negative as benchmark index shed 0.52 percent to settle at 36,600.07 points. This is...
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