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Although the Nigerian power sector has witnessed increased generation in recent times, the actual power distributed to homes and businesses...
Read moreDetailsDangote Cement Plc, has firmly put forward its takeover bid of PPC as it has written to the cement maker...
Read moreDetailsOil traders are emptying one of the world’s largest crude storage facilities, located near the southernmost tip of Africa, as...
Read moreDetailsThe Nigerian money market remains characterized by excessive concentration of credit per obligors and per sectors, as big ticket borrowers...
Read moreDetailsThe Nigerian equities market rebounded Wednesday after three days of consecutive losses as uptick in Dangote Cement (DANGCEM) helped push...
Read moreDetailsNigeria’s Egina oil project would add about 200,000 barrels of oil to the nation’s daily crude production when completed in...
Read moreDetailsThe relative high yields on government securities have created an environment for Nigerian banks to grow net interest income (NII)...
Read moreDetailsNigeria’s central bank is acting like a “piggy bank” with its funding of the government, a member of the Monetary...
Read moreDetailsIraq doesn’t see a need for more collaborative oil production cuts currently, but it would support consensus within OPEC if...
Read moreDetailsThe Nigerian bourse's benchmark index maintained its negative momentum at the end of Tuesday’s session, shedding 8 basis points (bps)...
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