Monday, June 22, 2026
Oil trades near $57 as Saudis boost security at crude facilities
Oil traded near $57 a barrel as Saudi Arabia signaled it will raise security at its crude facilities after Bahrain...
Read moreDetailsUber says deal in works to sell stake to Japan’s SoftBank ahead planned IPO
Scandal-hit ride-sharing company, Uber, Sunday said it had entered into a deal to sell a stake to Japan's SoftBank as...
Read moreDetailsMoody’s downgrades 8 Nigerian banks following downgrade of Nigeria sovereign rating
*Says govt capacity to provide support for banks weak Moody's Investors Service (Moody's) Friday downgraded to B2 from B1 the...
Read moreDetailsSaudi’s Aramco IPO preparations ongoing, says CEO but no decision yet on venue of the listing
Preparations to float shares of Saudi Aramco next year are proceeding, but no decision has been taken yet on the...
Read moreDetailsAlibaba sold record $25bn on ‘Singles Day’ promotion
Alibaba, Chinese e-commerce giant, sold over $25 billion of product on the Chinese biggest online shopping date, code-named ‘Singles Day’...
Read moreDetailsBet on offshoot, bitcoin cash, crashes Bitcoin to its lowest since November
Bitcoin, which had hit a record high of $7,879.06, traded more than seven percent lower Friday near $6,621, according to...
Read moreDetailsBP sends in big guns as majors jostle for Abu Dhabi oil riches
When BP Plc goes to Abu Dhabi this week, where big oil companies will be jostling for access to the Emirate’s offshore...
Read moreDetailsNigerian equities rebound as world stocks edge lower on uncertainty over US tax reforms
Nigerian equities market closed Friday on a positive note, as bourse’s benchmark index appreciated by 0.19 percent to close at...
Read moreDetailsNigeria’s national budget grows 2,866% in 19yrs on worsening exchange rate, rising deficit
The size of Nigeria’s national budget has grown 2,866 percent from N299 billion in 1999 to N8.6 trillion as proposed...
Read moreDetailsNigeria’s central bank extends settlement banking arrangement to all clearing sessions
The Central Bank of Nigeria (CBN) has extended settlement banking arrangement to all clearing sessions effective January 2018. The current...
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