Wednesday, April 22, 2026
Nigeria moves to help local oil and gas firms, launches $200 million fund
Nigeria launched a fund with an initial value of $200 million to support local oil and gas firms Thursday, Emmanuel Kachikwu,...
Read moreDetailsNigeria bond auction raises N56bn, less than half of amount on offer-traders
Nigeria raised N56.05 billion ($179 million) in a bond auction Wednesday, less than half the amount on offer as domestic...
Read moreDetailsNigeria’s central bank governor says monetary policy offers limited tools for economic recovery
Godwin Emefiele, governor of Nigeria’s central bank says monetary policy offers limited tools for dealing with the current economic challenges...
Read moreDetailsBanking stocks buoy Nigeria equities index as market traded positive in second consecutive session
The Nigerian equities market extended gains Wednesday as the all-share index rose 0.3 percent to settle at 37,059.21 points on...
Read moreDetailsRoyal Dutch Shell to increase gas output by 2019 from its Nigeria Niger-Delta project
Royal Dutch Shell, through its Nigerian subsidiary, Shell Petroleum Development Company (SPDC), announced Wednesday that it has commenced gas production...
Read moreDetailsLower oil prices driving oil-producing nations to tap public markets to diversify their economies as Nigeria dithers
*As Saudi Arabia, others plan listing state oil coys... The current lower energy price regime is pushing governments dependent on...
Read moreDetailsWorld’s top technology billionaires see collective wealth rise 21% to over $1trn
Bill Gates, Mark Zuckerberg and Jeff Bezos The world's top technology billionaires, including Bill Gates, Mark Zuckerberg and Jeff Bezos,...
Read moreDetailsOil prices fall on oversupply concern as Libyan output fluctuates
Oil prices fell Wednesday, weighed down by concerns about rising production from Libya feeding into an oversupplied market and a...
Read moreDetailsNigeria loses N127bn to cybercrimes in one year, ranks 3rd in global Internet crimes behind UK, U.S
The Nigerian Communications Commission (NCC) says Nigeria currently ranks third globally in cyber crimes behind the UK and the U.S.,...
Read moreDetailsNigeria’s capital importation rises 95% to $1.79bn in Q2 as portfolio investors make bold return to bourse
Data from the Nigeria Bureau of Statistics released Tuesday, August 22, 2017, indicate that total value of capital imported into...
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