Thursday, April 23, 2026
Iraq sees no need for further OPEC output cuts, will support consensus if such need arises
Iraq doesn’t see a need for more collaborative oil production cuts currently, but it would support consensus within OPEC if...
Read moreDetailsSustained profit taking in large caps pares Nigeria’s stocks index 0.08% as bears rule, three days in a row
The Nigerian bourse's benchmark index maintained its negative momentum at the end of Tuesday’s session, shedding 8 basis points (bps)...
Read moreDetailsQuantitative easing, world growth buoy global rating outlooks, says Fitch
Global rating outlooks remain on an improving trend and are on balance less negative than at the start of the...
Read moreDetailsOctober 1 shake-out in pay-TV market nears as new entrant, TStv, offers Pay-As-You-Go
In what appears to be a symbolic but historical tie-in with Nigeria’s Independence Day celebrations, and a shakeout of the...
Read moreDetailsClimbing stocks, weaker dollar push world’s biggest wealth fund to $1tr mark
Uptick in stock markets and a weaker U.S. dollar have combined to push Norway’s sovereign wealth fund to an all...
Read moreDetailsNigeria’s N100bn rail freight market hobbled by infrastructure deficit as operators carry only 0.2% of potential
Edeme Kelikume, managing director, ConnectRail Services Limited The size of the Nigerian rail freight market has been estimated at N100...
Read moreDetailsNigeria’s central bank buoys foreign exchange market with $545m, to sanction directive-breaching banks
The Central Bank of Nigeria (CBN) Monday sustained its intervention in the various sectors of the inter-bank foreign exchange market...
Read moreDetailsCompetition heightens in LNG market as Equatorial Guinea signs sales, infrastructure MoU with Burkina Faso
The MoU also calls for Equatorial Guinea to explore and produce oil and gas in Burkina Faso... Competition is heightening...
Read moreDetailsNEPAD set to bridge Africa’s $68bn infrastructure finance gap with 5% Agenda campaign in New York
The New Partnership for Africa’s Development (NEPAD), African Union’s economic development programme, is poised to bridge the continent’s $68 billion...
Read moreDetailsNigerian Breweries, Seplat, FBNH drag equities market bearish as benchmark index tumbles 0.4%
Nigeria’s equities market’s bearish close Friday was extended in Monday’s trade as bourse’s all-share index shed another 0.4 percent to...
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The successful failure of Vice President JD Vance