Wednesday, June 24, 2026
Diesel price in Nigeria at $0.54 per litre below $0.96 global average – data
The average price of diesel at $0.54 (about N200) per litre in Nigeria remains relatively cheap compared to $0.96 average...
Read moreDetailsOando issues official refuter to SEC’s allegations, challenges suspension of shares
Although Oando Plc has obtained an ex-parte order from the Federal High Court restraining the Nigerian Stock Exchange from implementing...
Read moreDetailsCoca-Cola bet on Sprite, non-soda drinks in the U.S to report better than expected Q3 profit
Coca-Cola Co reported better than expected profit and revenue for the third quarter as North America sales rose three percent...
Read moreDetailsNigeria’s GDP declines 1.73% year-on-year in Q4 2016
Data from the Nigeria Bureau of Statistics released Tuesday, October 24, 2017, indicates that the country's Gross Domestic Product (GDP)...
Read moreDetailsNigerian equities market index gains 0.33% as global stock rise on strong earnings, economic data
The Nigerian equities market Tuesday reversed the negative trend, which began last week, as benchmark index rose 0.33 percent to...
Read moreDetailsNigerian banks’ overnight rates moderate as N93.74bn maturing OMO bills hit the system
Nigerian interbank overnight rate, which rose to148 percent Monday as banks scramble to muster naira liquidity to cover their positions...
Read moreDetailsOPEC working on exit strategy to reassure investors it won’t flood market after curb deal
As OPEC negotiates the extension of its oil production cuts until the end of 2018, it’s also quietly started working...
Read moreDetailsWe’ll be toasted, roasted, grilled if the world fails to take critical decision on climate change – IMF chief
Christine Lagarde, managing director of the International Monetary Fund (IMF) has warned of a dark future for the world if...
Read moreDetailsBPE opens bids for technical consultants to monitor, manage power sector post-privatisation challenges
L-R: Yunana Malo, Director, Post-Privatisation Monitoring at the Bureau of Public Enterprises (BPE); Imeh Okon, Senior Special Assistant (SSA) to...
Read moreDetailsNigeria inter-bank overnight rates spike 148% on continued OMO bills auction
Nigerian interbank overnight rate spiked 148 percent Monday as banks scramble to muster naira liquidity to cover their positions after...
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